Word: terms
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...Harvard Crime Club, founded this term by Colleen M. Berryessa ’11, intends to get down to the nitty-gritty in the coming semester. “[The Club] is open to future lawyers, people who want to be in government administration someday, people who want to be defense attorneys,” Berryessa said. “Really anything that you could ever think of that involves crime, including the cheesy TV shows...
...lecture, titled "Past as Prologue – FDR, Obama, & the Perils of First Year Politics," seeks to draw comparisons between President Roosevelt's first years in office and the beginning of President Obama's first term. As Curtis Roosevelt explains, "President Roosevelt [Class of 1904] was elected at a time of economic uncertainty. In 1933 and 1934, he had to deal with a variety of issues that were both controversial and damaging to his public approval. If you had told anyone in 1933 that the Democratic Party would win big in the 1934 midterm elections, they would have thought...
...monetary policy is controlled by the European Central Bank, and most of the member countries have joined the “Eurozone,” the term for the monetary area in which the Euro is used. Thus, one central bank controls the supply of money for the EU, and individual countries do not have control over inflation targeting, interest rates, and other monetary issues. Yet at the same time, each country is in control of how much its central government spends and the solvency of its financial system, so Germany independently controls its expenditures and tax receipts, and Greece...
...richer member states are understandably hesitant to bail out their flailing colleagues, hesitant at the idea of saving governments that clearly acted as irresponsible economic stewards. Yet they really do not have a choice in the short-term, as any European national failure would absolutely devastate the continent as a whole. In addition, blame does not lie entirely on some admittedly inept governments. While it would be hard to find a country that was managed with as little economic integrity as Greece, all of Europe’s countries had access to easy credit and were members of a very...
...diplomacy between the South Asian neighbors, but the talks on Thursday could mark the beginning of a new phase of their relationship. The buzz in New Delhi foreign policy circles is that Indian Prime Minister Manmohan Singh wants peace with Pakistan to be the crowning achievement of his second term in office - just as the U.S.-India civilian nuclear deal was in the first. Pakistan, meanwhile, is looking for a settlement of its long fight with India over Kashmir, something that the U.S. believes is a key to long-term stability in the region, especially Afghanistan. "In essence, this...