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During the dark days of the global credit crunch a year ago, policymakers around the world had a generally easy time coordinating decisions. As asset prices tanked, lending dried up and growth shriveled, governments and central banks were forced to take similar steps - pump up fiscal spending and slash interest rates to support growth and unfreeze financial markets. Now, as an economic recovery emerges, governments are hoping for another coordinated effort to exit from their massive stimulus plans, including near-zero interest rates. That intention was clearly laid out during the September G-20 summit in Pittsburgh, Pa. The leaders...

Author: /time Magazine | Title: Can the World Agree on a Stimulus Exit Plan? | 10/22/2009 | See Source »

Harvard College Library has been forced to slash millions of dollars from its budget this past year, prompting the unit to reduce its workforce by roughly 100 employees and to consider drastic restructuring and consolidation of operations. The administration announced that the Quad Library would close for the coming year to cut costs this spring, and HCL has worked to centralize technical services and transition to greater use of digital materials as well...

Author: By Lauren D. Kiel and Eric P. Newcomer, CRIMSON STAFF WRITERS | Title: Libraries Reduce Winter Hours | 10/20/2009 | See Source »

...What inspires current deals is an almost desperate need for growth. Many computer giants are struggling with declining sales and profit margins as consumers and businesses hang on to their PC systems and laptops longer, and view software upgrades as a luxury. Also, companies are being forced to slash prices on computers and related equipment to compete with cheaper products being produced in low-cost economies like China. (See pictures of the best-selling cars in China...

Author: /time Magazine | Title: Tech Mergers and Acquisitions Coming Back | 10/7/2009 | See Source »

Last week Claire let herself fall out her bedroom window, proving that her hyper-achieving roommate actually committed suicide and was not pushed. However, her friend-slash-stalker Gretchen happened to witness her healing. Oops...

Author: By H. Zane B. Wruble | Title: Recap: "Ink" | 9/30/2009 | See Source »

Last week Claire let herself fall out her bedroom window, proving that her hyper-achieving roommate actually committed suicide and was not pushed. However, her friend-slash-stalker Gretchen happened to witness her healing. Oops...

Author: By H. Zane B. Wruble | Title: Recap: "Ink" | 9/29/2009 | See Source »

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