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...next year than this year and by 2012 would fully recover to its 2007 prerecession levels. OPEC is also betting on a fast global recovery. Angola's oil minister, José Maria Botelho de Vasconcelos, the current rotating OPEC head, told the meeting attendees in Vienna on Wednesday that "the darkest days of financial turmoil and economic recession are behind us." That belief has helped to persuade OPEC leaders that they can keep oil prices high without risking a demand collapse - as happened last year...

Author: /time Magazine | Title: Oil Prices Stabilize; Can OPEC Keep Them That Way? | 9/11/2009 | See Source »

...interdisciplinary research. At the time, Harvard decided to halt procurement of materials for future construction and potentially reduce the number of workers on site. University officials have said they will make a decision about whether to proceed with the project in December. At a Construction Management Sub-Committee meeting Wednesday evening, local resident Joyce Radnor said that some neighbors have become concerned that the pouring of concrete is a signal that Harvard has decided to stop construction. Construction mitigation manager Edward G. LeFlore emphasized that University President Drew G. Faust has not yet decided the fate of the project...

Author: By Michelle L. Quach and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: Residents Fear Construction Halt | 9/11/2009 | See Source »

...Wednesday night, during the commercial breaks of “So You Think You Can Dance,” I caught a few minutes of U.S. President Barack Obama delivering perhaps the finest speech he’s ever given. The jury is still out on whether his leave-it-to-Congress strategy was the smart way to go about reforming America’s dysfunctional health-care system, but there is little question that in his speech he assumed leadership over the nearly century-long effort to provide health insurance to every American man, woman, and child. Sometime...

Author: By Clay A. Dumas | Title: So You Think You Can Shout | 9/11/2009 | See Source »

...heckle heard round the world - or at least all over cable news. As President Barack Obama addressed a joint session of Congress on health-care reform on Wednesday, Sept. 9, Representative Joe Wilson broke the chamber's strict etiquette by yelling "You lie!" after the President (accurately) noted that his proposed health-care benefits would not extend to illegal immigrants. With those two words, the South Carolina Republican was transformed into a national political figure (if only briefly), loathed by Democrats and rebuked by fellow Republicans for defying tradition. At the GOP leadership's behest, Wilson called the White House...

Author: /time Magazine | Title: Rep. Joe Wilson, Presidential Heckler | 9/11/2009 | See Source »

...nation's capital is naive enough to think that President Barack Obama's address before Congress Wednesday evening, Sept. 9, was somehow, in one fell swoop, going to overcome all the opposition to health-care reform, the power of his rhetoric winning over skeptics like a latter-day Mr. Smith Goes to Washington. But after the President's impassioned, 47-minute speech drew thunderous applause and improved poll ratings, even some of the most jaded Democrats may have allowed themselves to think that maybe Obama's oratory really was a "game changer," as Senate majority leader Harry Reid...

Author: /time Magazine | Title: After Obama's Speech, It's Back to Wooing the Skeptics | 9/11/2009 | See Source »

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