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...loans. The rush to Dubai has left Citi on the hook for billions of dollars of losses in the financially troubled gulf state. According to research firm Creditsights, Citi has made an estimated $5.9 billion in loans in the U.A.E., which includes Dubai as well as its oil-rich neighbor Abu Dhabi. Of that, $1.9 billion was made to Dubai World. In the end, it might not lose that much. On Monday, Abu Dhabi said it would provide $10 billion in financing to help Dubai pay off its debts. And Citi says that "although we do not comment on individual...

Author: /time Magazine | Title: Citi's Dubai Mistake: A Sign of More Bad Things to Come? | 12/15/2009 | See Source »

...think it personalizes the individual. Here’s an old book—it’s hard for people to connect to it. If you say here is a love letter he gave to his neighbor, it humanizes him. For people who live 200 years later, it is something they can connect with...

Author: By Emily S. Shire, CRIMSON STAFF WRITER | Title: John Keats Heats Up Houghton | 12/11/2009 | See Source »

...eight months since have been a mixed bag. Yes, Turkey has agreed to diplomatic normalization with neighbor and historic foe Armenia, and announced plans to end a two-decade war against Kurdish rebels that threatens to spill over into Iraq. But both developments have yet to be formalized. And Ankara has stirred hostility against Israel, a traditional ally, and its pursuit of closer commercial and political ties with the Muslim world, including Iran, has raised fears of a drift eastwards. (See the top 10 players in Iran's power struggle...

Author: /time Magazine | Title: Can Obama Keep Eastward-Looking Turkey On Side? | 12/7/2009 | See Source »

...said at the Ukraine gathering, which TIME attended. But the author of the screenplay, David Imedashvili, tells TIME that the initial funding for the project came from a Georgian government fund. Projects like this, he said, give Georgia a rare chance to hit back at its bullying northern neighbor. "Georgia is a very small country, Russia is a giant," Imedashvili says. "It's idiotic to fight a war with Russia, but we have to do something. We have to defend ourselves in some other way." The film's executive producer, Mirza Davitaia, who is a parliamentarian and a member...

Author: /time Magazine | Title: Russia and Georgia Go to War Again — on Screen | 12/4/2009 | See Source »

Peabody Terrace’s greatest contribution to the campus’ architecture may be that it achieves the impossible: it makes its neighbor, Mather, look attractive. Sert’s graduate student housing complex, built in 1964, may have been lauded for its innovative combination of building size and community-oriented design, but that doesn’t change the fact that it is oppressively ugly. The concrete towers and multi-colored metal shutters on the river-side windows seem to go out of their way to ruin what is otherwise an impressive set of buildings and, unfortunately, they...

Author: By Rachel A. Burns, Jeffrey W. Feldman, Ama R. Francis, Jessica R. Henderson, Joshua J. Kearney, Eunice Y. Kim, Chris R. Kingston, Ali R. Leskowitz, Beryl C.D. Lipton, Monica S. Liu, Ryan J. Meehan, Antonia M.R. Peacocke, Erika P. Pierson, Bram A. Strochlic, Mark A. VanMiddlesworth, and Denise J. Xu, CRIMSON STAFF WRITERS | Title: Editor's Picks 2009 | 12/4/2009 | See Source »

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