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...more than half of this would be called in the next year, and that the University’s substantial but less liquid investments could also be used as a source of cash over the few years.Regardless of these concerns, the report said that Harvard’s current liquidity position has significantly improved and should remain healthy, despite possible strains from “self-liquidity debt, swap collateral posting, endowment spending requirements, private investment capital calls, and the general operating needs of the University.”According to the report, the University’s policies require...
...interests in Allston, emphasized that his group is “opposed to community benefits as an appeasement and a replacement of having direct neighborhood participation [in the planning process].” Glavin said he is open to the idea of petitioning Harvard to extend funding beyond the current five-year period, depending on whether the program is “responding well [to] local needs.” —Staff writer Vidya B. Viswanathan can be reached at viswanat@fas.harvard.edu. —Staff writer Peter F. Zhu can be reached at pzhu@fas.harvard.edu...
...Choosing our current Energy Secretary as our Commencement speaker is a testament of how important energy and climate issues are in society today,” said Daniel P. Schrag, an environmental science and engineering professor who also heads the University’s Center for the Environment. “I think hearing his perspective on how [the nation’s] efforts are progressing will be fantastically important...
...though, there's a lot more fighting to be done. The U.S. won't engage the Taliban from the U.S.'s current position of weakness in the face of the insurgents' momentum. First, it will try to reverse that momentum on the battlefield. And the Pakistani brass faces the reality that after more than seven years of war, the Taliban has morphed and grown in ways that make turning it into a Pakistan proxy increasingly improbable. Still, despite the less forgiving posture of the Obama Administration and absent a resolution of six decades of conflict with India, Pakistan...
...NATO's history has it invoked Article 5 of its charter, which deems an attack on any one member state an attack on all and obliges all to respond collectively. That was the day after the 9/11 attacks in the U.S., and it laid the groundwork for NATO's current role in Afghanistan. That's the prime focus of the summit media packages, which include hours of footage of NATO forces in Afghan villages, highlighting projects such as health clinics and schools. "I didn't even know the [Afghan] provinces when I came to NATO five years ago," joked outgoing...