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...fourth quarter, as San Francisco Fed president Janet Yellen recently put it, an issue that was practically unthinkable three months ago is now, for the Fed, front and center: the possibility of the U.S. entering a phase of deflation, or protracted declines in the general price level. In its statement accompanying the most recent interest-rate cut, the Fed said, "In light of the declines in the prices of energy and other commodities and weaker prospects for economic activity, [the Fed] expects inflation to moderate...

Author: /time Magazine | Title: The Rising Threat of Deflation | 11/6/2008 | See Source »

...whether a student can submit evidence, whenever a case comes before the Board, students are asked for a statement regarding the incident. From that statement we often see that there is evidence available that would be helpful to the Board to understand what happened from the student’s point of view. Students are allowed and encouraged to submit evidence...

Author: By Jay Ellison | Title: Ad Board Editorial Based on Little Evidence and Information | 11/6/2008 | See Source »

...particularly riveting race, between Democratic nominee Obama and Republican Senator John McCain, heightened their enthusiasm for the contest, which has gripped the nation for almost two years. “This election feels a bit more pivotal,” said Mathieu J. Cunha ’11, whose statement echoed voter concerns about a deteriorating economy, a protracted military engagement, and widespread dissatisfaction with the Bush administration. Polling stations both in Cambridge and around the country experienced high turnout as they opened their doors to an energized electorate. The Quincy House polling station, one of three in the Harvard...

Author: By Elias J. Groll, CONTRIBUTING WRITER | Title: Many Harvard Students Cast Ballots for the First Time | 11/5/2008 | See Source »

...true.’”A new novel by Crichton that had been tentatively due for next month was postponed indefinitely because of his illness, according to publisher HarperCollins.Crichton is survived by his fifth wife and only child. A private funeral service will be held.In a statement, his family said, “While the world knew him as a great story teller that challenged our preconceived notions about the world around us—and entertained us all while doing so—his wife Sherri, daughter Taylor, family and friends knew Michael Crichton as a devoted...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Sci-Fi Author Crichton Passes | 11/5/2008 | See Source »

...Pakistan's lawless frontier of the Taliban and al-Qaeda forces that regularly launch attacks on U.S. and NATO forces in nearby Afghanistan. Highlighting how Afghanistan has eclipsed Iraq as a strategic issue, Baghdad didn't demand anything more of Obama than, in the words of a government statement, to work together to achieve "security and stability in Iraq, to preserve its sovereignty and protect its people's interests...

Author: /time Magazine | Title: Easing In Obama as Commander in Chief | 11/5/2008 | See Source »

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