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When earlier this year Harper unveiled his 2009 budget, he agreed to purchase an additional $50 billion in government-insured mortgages from Canada's major banks, bringing the total since the program was announced late last year to C$125 billion. Indeed the country's minority Conservative government has staked its political fortunes on the so-called Extraordinary Financing Framework (EFF), intended to counter the credit crunch by providing up to C$200 billion in credit for consumers and businesses. (Read "Canada Faces Recession - and a Political Crisis...

Author: /time Magazine | Title: What Obama Can Learn From Canada on Bank Bailouts | 2/19/2009 | See Source »

...company has seen a 20 percent increase in same-store sales compared to last year. Including new store openings, the total sales increase rises to 50 percent. The Harvard Square location did 10 percent better compared to last year...

Author: By Lingbo Li, CRIMSON STAFF WRITER | Title: Shops Offer Clothes That Fit Consumers’ Wallets | 2/18/2009 | See Source »

...dining hall that it is today. The Barker Center, designed by the Boston firm Goody, Clancy & Associates, cost upwards of 25 million dollars to complete.The Holyoke Center The Holyoke Center was originally intended to bridge the gap between the Yard and the river houses. Completed in 1966 at a total cost of $412 million, the center was built in two phases, replacing four smaller buildings, one of which—the Hygiene Building—was originally built for the Spee Club. “Holyoke extends the campus beyond the campus,” says Blau...

Author: By Synne D. Chapman, CRIMSON STAFF WRITER | Title: What You Didn't Know About the Yard | 2/18/2009 | See Source »

Since George Washington first took the presidential oath—153 years after Harvard’s inception—a total of seven Harvard graduates have captured the country’s top spot. On January 20, 2009, Harvard Law School graduate Barack H. Obama became the eighth. And while it may be unfounded and self-gratifying to view Obama solely as the product of his years in Cambridge, Harvard does have a record of success as an executive incubator. It is difficult to tell, however, to what degree the Harvard diploma opens the door to the nation?...

Author: By Mark J. Chiusano, CRIMSON STAFF WRITER | Title: When They Were Young | 2/18/2009 | See Source »

...Army General David McKiernan, the U.S. commander in Afghanistan, gets his way, the total increase over the coming year will be 30,000. McKiernan has said he needs to beef up U.S. forces in Afghanistan to roll back a growing Taliban insurgency, especially before the presidential election currently slated for August. Indeed, U.S. officials say they have only 40% of the American officers needed to train the Afghan army to take over security duties at some point in the future But sending any additional troops to Afghanistan would require reducing U.S. troop levels in Iraq, and Obama has ordered...

Author: /time Magazine | Title: Obama's Yes-We-Can War: More Troops to Afghanistan | 2/18/2009 | See Source »

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