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Once the Wall fell, those chemical factories were among the first casualties of reunification. Investors such as Dow, Dell, French oil giant Total and Belgian chemical and pharmaceutical firm Solvay moved in, enticed in large part by the subsidies Germany was offering to companies willing to take the obsolete mammoths off its hands. But welcome as the newcomers were, they quickly shuttered the old plants and hired only a fraction of the workers - about 20% of those who had previously toiled at Buna and Leuna. Unemployment soared as high as 30%. People started to leave Halle to find work elsewhere...

Author: /time Magazine | Title: What Germany Got for Its $2 Trillion | 5/18/2009 | See Source »

...commercial nitrogen, insecticides and herbicides. In Africa, where labor is cheap and capital scarce, the benefits would be magnified. According to Indian environmentalist Vandana Shiva, past green revolutions boosted production of wheat and rice at the expense of other food. Using land for cash crops, she argues, actually decreased total food production. "You're losing because you're measuring only the single commodity," Shiva says...

Author: /time Magazine | Title: Different Shades of Green in Africa | 5/18/2009 | See Source »

...Just a year or so after Smith “empowered” divisional deans, this criticism seems to be on the mark. The three senior staff members in each division—a total of nine—should probably be eliminated. At the very least, the positions of administrative deans Russ Porter (science), Beverly Beatty (social sciences), and Sara Oseasohn (humanities) ought to be cut, with the work taken up by the divisional deans themselves. And, if the divisional deans—all of whom are tenured professors—are receiving any significant remuneration from University Hall...

Author: By Paras D. Bhayani | Title: Fire These Administrators | 5/17/2009 | See Source »

...holdings in the fourth quarter of last year, Harvard has substantially reshuffled its equity investments and expanded its emerging and foreign markets portfolio, according to a Securities and Exchange Commission disclosure report released last week.Though the disclosed assets represent only a small fraction of the University’s total holdings, the report provides a glimpse of how Harvard Management Company—the group that oversees the University’s multi-billion dollar endowment—is navigating this year’s tumultuous and markedly changed financial landscape. University officials say they have been planning...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: HMC Reshuffles Equity Investments | 5/17/2009 | See Source »

...League Rookie of the Year in a league announcement last Thursday. Brown, a pitcher, made the All-Ivy First Team, one of the Crimson’s six all-league selections. In her rookie season, Brown shattered the Harvard single-season strikeout record, recording 211 on the season. Her total was tops in the league, and she ranks ninth nationally with 9.8 strikeouts per game, another Crimson single-season record. Brown finished the season with a 16-7 record and a 1.49 ERA in 28 appearances. Her four saves were good for 10th-best in the nation. She pitched...

Author: By Crimson Sports Staff | Title: SPORTS BRIEF: Freshman Brown Earns Rookie of the Year, First Team Honors | 5/17/2009 | See Source »

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