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...just because the Mexican elite can afford to forget about the social issues of their communities doesn’t mean that they should. That wealthier individuals can pay for the resources necessary to survive social turmoil is a given in any society, but what distinguishes Caballero’s customers is that they seem to embrace their greater access to security in a particularly conspicuous and inconsiderate manner. No one would insist that all Mexican citizens bear the burden of the heightened crime rates equally or that wealthy and influential Mexicans pour all their excess funds into law enforcement...

Author: By Sabrina G. Lee, CRIMSON STAFF WRITER | Title: Mexico's Newest Luxury Item | 1/4/2009 | See Source »

...European Commission president José Manuel Barroso credits the euro for delivering lower inflation, lower interest rates and greater price stability, and helping to create 16 million jobs. More immediately, the euro is shielding member states in this time of economic turmoil, preventing a currency crisis in addition to the credit crunch. "The euro is sheltering businesses from the exchange rate volatility, which has battered them in previous downturns," Barroso said on Monday. "To put it simply, the euro works...

Author: /time Magazine | Title: Is the Euro the New Dollar? | 1/1/2009 | See Source »

Somalia, the country they are fleeing, continues to fall further into misery, seemingly unfazed by turmoil and despite the ministrations of the outside world. And on Monday, the President who had ruled the transitional government that was supposed to make things better stepped down...

Author: /time Magazine | Title: In Somalia, a Transitional President Is Out | 12/30/2008 | See Source »

...though both schools' endowments have suffered heavy losses amid the recent financial turmoil, Levin announced less dramatic cutbacks yesterday than those occurring at some of Harvard's schools...

Author: By Bonnie J. Kavoussi, CRIMSON STAFF WRITER | Title: Yale Loses a Quarter of its Endowment | 12/17/2008 | See Source »

...Pension funds are often heavily invested in the stock market. Because of the economic turmoil, Massachusetts lawmakers have been forced to consider extending the 2028 pension fund payment deadline to help cities and towns cope with the chilling economy...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Cambridge Pensions Relatively Robust | 12/16/2008 | See Source »

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