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...companies, including two European banks that have run into financial trouble elsewhere, Fortis and Dexia. Turkey also has a current account deficit that amounts to about 6% of its economy, and a recent Goldman Sachs study of emerging markets most at risk highlights that deficit as a potential trouble spot. Still, overall, Turkey came in 12th out of the 18 countries that Goldman examined, just behind Brazil, but in substantially better shape than the Czech Republic, Poland, Ukraine, Romania and the worst-placed country, Hungary...
...Cullman-Heyman Tennis Center in an attempt to qualify for the ITA National Intercollegiate Indoor Championships scheduled to be held Nov. 6-9. As its title suggests, this championship is the most prestigious collegiate tournament held each fall. With his wins yesterday, Clayton has secured himself a spot both in the singles and doubles events at Nationals. In the process, Clayton erased sour memories of his poor performance last week at the D’Novo ITA All-American Tournament and his quarter-final loss at the Northeast Regionals last year. In the finals of the singles event, Clayton played...
University President Drew G. Faust began yesterday’s meeting of the Faculty of Arts and Sciences with a 10-minute address on the effects that the recent downturn in the financial markets might have on Harvard. The remarks, moved up to occupy the spot in the meeting agenda normally reserved for the business of the Dean of the Faculty, emphasized that, despite being the world’s wealthiest institution of higher education, Harvard would not make it through the downturn completely unscathed. Faust added that resources are being allocated to cope with the situation...
...press conference, with all the pressure of trying to come up with an answer, but it hadn't yet ... I hope I ... I don't want to sound like I've made no mistakes. I'm confident I have. I just haven't ... you just put me under the spot here, and maybe I'm not as quick on my feet as I should be in coming up with...
That attitude hardly emerged overnight. For the past few years, Greenpeace has been ranking and publishing electronics companies' greenness based on how toxic their products are, the efficacy of their recycling policies and their impact on the climate. (The Finnish cell-phone company Nokia holds the top spot, while Nintendo and Microsoft lag at the bottom.) The public scolding has helped prompt electronics makers to start changing product design and production - and encourage a private shift among electronics-industry workers, who, like many Americans, are gradually focusing attention on the environmental value of their work. Their bosses have noticed...