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...Still, central bankers around the world, in an effort to ward off the worst effects of a global economic slowdown, appear to be engaging in a rate race to the bottom. China on Oct. 29 cut its interest rates for the third time in six weeks, and the BOJ is expected to cut its key policy rate below the current 0.5% soon. Though rates in Japan are already almost nil, Tokyo's hand is to an extent being forced by Washington. That's because as U.S. rates fall, fewer investors are willing to hold U.S. dollar debt, which undermines...

Author: /time Magazine | Title: Will the Fed's Rate Cut Help? The Japan Lesson | 10/30/2008 | See Source »

...Novek said, “Explicitly they want to like Obama, but implicitly they like McCain. Perhaps that’s playing a role in their undecided status.” The Implicit Association Test Web site recently celebrated its tenth anniversary, meaning that this is the third election cycle for which tests have been conducted. In 2000, the IAT studies were surprisingly accurate predictors of primary winners. As Banaji recalled, many Democrats were explicitly supporting Bill Bradley, while many Republicans claimed to be supporting McCain. Yet results from the IAT showed that the same voters were implicitly biased toward...

Author: By Evan T. R. Rosenman, CONTRIBUTING WRITER | Title: Test Says Voters Are Decided | 10/30/2008 | See Source »

...then there's Somalia. Somalia is the world's biggest humanitarian crisis, in which 3.5 million people - more than one-third of the population - are now on the brink of starvation after 17 years of civil war. If we have a responsibility to protect anywhere, surely Somalia would be top of the list. But Somalia has attracted no offers of help from the West, and only a few thousand African Union troops. It is not as if the world has no interest in what happens in Somalia; anarchy has fostered not only a starvation catastrophe and international piracy, but also...

Author: /time Magazine | Title: Why Congo's Peacekeepers Are Coming Under Fire | 10/28/2008 | See Source »

...11—tries to locate her lost lover. In the second, Virgil’s lost lover, Alice (Catrin M. Lloyd-Bollard ’08) searches throughout Europe for her father, whom she previously thought had died before her birth. In the third and final storyline, a group of scientists from around the world try to piece together the life of a 5,200-year-old body discovered 120 meters from the Italian border. Videt, with her colorful and creative directing, enlivens the NCT. The stage, decorated with a plethora of maps from all over the world...

Author: By Andres A. Arguello, CRIMSON STAFF WRITER | Title: Mnemonic Chaotic But Captivating | 10/27/2008 | See Source »

...Oscar for best director in 1988 for “Rain Man,” is not in top-notch form. In “What Just Happened?” the individual scenes creep along, especially during the first third of the movie as Levinson tries to establish Ben’s world. Between the sluggish pace and De Niro’s uninspired acting, there’s nothing to keep audiences’ eyes open other than Levinson’s use of fast cuts to transition between scenes. These cuts create an offputting pace that first...

Author: By Edward F. Coleman, CRIMSON STAFF WRITER | Title: What Just Happened? | 10/24/2008 | See Source »

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