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...even found that trust levels between citizens of two countries has a significant effect on the investment decisions of venture capital firms, even after accounting for other factors such as geographical distance or transaction costs. "Virtually every commercial transaction," economist and Nobel laureate Kenneth Arrow wrote in 1972, "has within itself an element of trust...

Author: /time Magazine | Title: What Banks Are Still Missing: Trust | 5/4/2009 | See Source »

...previously observed swine flu cases. According to Ferrer, that student had been in close contact with an unidentified individual not living in Boston who fell ill after recent travel to Mexico. Both Ferrer and Rosenthal stated that all nine of the diagnosed students are making full recoveries from within their homes, where they have been asked to remain until their period of transmissibility passes. Additionally, Rosenthal emphasized that despite the low overall severity of the recent case-cluster, the Harvard health community will remain vigilant. “We just have to continue good hygiene and advise people...

Author: By Edward-michael Dussom, CRIMSON STAFF WRITER | Title: Local Flu Cases Rise to Nine | 5/3/2009 | See Source »

...strip down construction, zoning, and other laws that have traditionally slowed development in the city. Sarkozy also said he wants construction on the transport system to begin by 2012 - just in time for his re-election campaign - and wants much of the work of the Greater Paris plan completed within a decade. (Read: "What's Wrong With a Museum of French History...

Author: /time Magazine | Title: Sarkozy's Big Plans for a Greater Paris | 5/3/2009 | See Source »

When Afghan President Hamid Karzai's office recently said it was holding peace talks with the Taliban, the Taliban countered with a press release. A spokesman for the militants dismissed Karzai's announcement as a propaganda ploy to suggest a schism within the Taliban's ranks. Not only was that not true, the press release that was subsequently sent to journalists announced the start of the Taliban's spring offensive, dubbed "Operation Victory." It was the latest exchange in a critical second front in the Afghan war - a war of words that U.S. and Kabul government officials privately concede they...

Author: /time Magazine | Title: Why the Taliban Is Winning the Propaganda War | 5/3/2009 | See Source »

...Afghan government has hurt its own cause in the past by making little to no effort to engage the media, leaving the Taliban to dominate the narrative. While NATO typically issues a brief statement within a day or so of an insurgent attack, Rahimullah Samandar, head of the Afghan Independent Journalists Association, points out that the Kabul government stays silent, even as Taliban spokesmen reach out to information-starved media outlets with detailed accounts in real-time. "The Taliban has been filling in the gaps," he says...

Author: /time Magazine | Title: Why the Taliban Is Winning the Propaganda War | 5/3/2009 | See Source »

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