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...brands. There is no reason that a Chinese car firm cannot use government money to bid for Chrysler's assets if it is forced into bankruptcy. In France, Citroen and Peugeot are facing financial problems that could get much worse if car sales remain anemic. GM's (GM) Opel unit in Europe needs immediate capital and may be sold at a loss for the No.1 U.S. car company. The Chinese could pick up brands, manufacturing assets, product-development personnel and dealer networks on both sides of the Atlantic...

Author: /time Magazine | Title: China Takes On the Global Car Business | 4/20/2009 | See Source »

...ball. With Rutgers-Newark barely hanging on to a 29-28 lead, a kill by junior Kenneth Stambaugh gave the first set to the home team.“I think that they serve the ball really well,” Nathan said. “As a unit, we didn’t pass particularly well, so that definitely was a contributing factor.”While struggles to pass and establish an offensive presence would prove to be the Achilles’ heel for Harvard throughout the game, it was the superb serving from Rutgers-Newark that would...

Author: By Kevin T. Chen, CRIMSON STAFF WRITER | Title: Harvard Fails To Lock Up Outright Title | 4/19/2009 | See Source »

...permits for new homes were issued here, even as only 30,000 jobs were being added annually. "Now," Dhawan says, "it's catching up." The shrinking corps of real estate agents here are taking desperate measures, like offering two-bedroom condos for the price of a one-bedroom unit...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

...named in order to protect her relationship with the University. “We’re not naive.” In February, HCL displaced 17 workers in the Widener serial services division to a Central Square facility currently occupied by HCL’s technical services unit as part of an effort to help reduce its budget for next year by $12 million. —Staff writer Esther I. Yi can be reached at estheryi@fas.harvard.edu...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Science Libraries Will Face Merger | 4/16/2009 | See Source »

...Development's Financial Action Task Force (FATF) list of "noncooperative" countries. That year Guatemala finally criminalized money laundering, setting prison sentences of up to 20 years and requiring banks and other financial intermediaries to report suspicious activity and implement "know your client" policies. The law created a special unit within the banking superintendence, which has the authority to obtain information related to any business transaction potentially involving laundering...

Author: /time Magazine | Title: In Guatemala, a Village that Cocaine Built | 4/16/2009 | See Source »

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