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...University’s plans to deal with the slowdown by re-assigning MCB laboratory space to the stem cell researchers who were originally slated for Allston has raised concerns that basic biology research is being de-prioritized in the current financial crisis, according to several professors contacted by The Crimson last week...
...Current leader of the Pakistan Muslim League (PML) party, he has a net worth of more than $1 billion, making him one of Pakistan's richest people...
Sharif says he doesn't buy the explanation and dubbed the court's decision a "nefarious act" by the current Pakistani president - Asif Ali Zardari - designed to quash Sharif's electoral threat. He has called for an anti-government rally next month, but his supporters aren't waiting. Widespread and violent protests broke out after the court's decision, adding considerable tension to a country already near its breaking point. (See pictures of Pakistan's vulnerable North-West Frontier Province...
...economy has already bottomed out. Merrill Lynch economists Ting Lu and T.J. Bond reaffirmed their bullish 8% GDP-growth estimate for 2009 in a February report, arguing that the turnaround could begin in the second quarter. "China looks set to be the first major economy to recover from the current global meltdown," they proclaimed...
...everyone is so convinced. The current improvement in data "is not big enough to warrant optimism" that a recovery is around the corner, says Eric Fishwick, head of economic research at brokerage CLSA in Hong Kong, who has maintained his 5.5% growth estimate for 2009. Jun Ma, an economist at Deutsche Bank, argues that China will experience a "double-dip" or "W-shaped" recovery. While the economy may show signs of life in the near term, he believes the current upturn will fizzle and the economy won't hit a final bottom until the first half...