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...scenario then is predictable and crushing: Currency traders will take one look at the over-valued rupiah and exchange rupiah for U.S. dollars. "By pegging the rupiah," explains Baumohl, "Indonesia has promised to buy those rupiah with U.S. dollars--at the inflated price." Indonesia's reserves of foreign currency, vital to a nation's economic health, will quickly shrink. And traders, smelling more trouble, will dump even more rupiah, guaranteeing an economic meltdown. "In no time," says Baumohl, "the Indonesian government is bankrupt, and the economy collapses...

Author: /time Magazine | Title: Women and Children Last | 2/18/1998 | See Source »

...writing in response to Marian Schlesinger's letter (Feb. 2) concerning the proposed Center for Government and International Studies, and to explain why the Faculty of Arts and Sciences regards this project, and its proposed location, as vital to the education of our students and to the scholarly work of the faculty. Some of these issues were very helpfully addressed in The Crimson's recent editorial on this subject...

Author: NO WRITER ATTRIBUTED | Title: Community Input Valued In Knafel Center Planning | 2/13/1998 | See Source »

Cloning could be vital to that process. At present, introducing genes into chromosomes is very much a hit-or-miss proposition. Scientists might achieve the result they intend once in 20 times, making the procedure far too risky to perform on a human embryo. Through cloning, however, scientists could make 20 copies of the embryo they wished to modify, greatly boosting their chance of success...

Author: /time Magazine | Title: The Case For Cloning | 2/9/1998 | See Source »

This technique uses slightly radioactive dyes, which are injected into the bloodstream and then tracked in the blood by special rotating cameras. A three-dimensional image of blood flow is created, which doctors use to diagnose diseases of the brain, heart and other vital organs...

Author: NO WRITER ATTRIBUTED | Title: HMS Professor Holman Dies | 2/4/1998 | See Source »

...workings of the investigation of the President. The American public and their soaring approval of the President cheapen the national character in the eyes of the world, and perhaps in the realm of American history in the decades to come. This scandal, complex and unsubstantiated, has woefully derailed vital American policy in Iraq, Bosnia and Israel...

Author: By William B. Decherd, | Title: Don't Criticize Media | 2/3/1998 | See Source »

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