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...could most cheaply borrow. For much of the last decade Japan has been the world's largest moribund economy, with an economy so weak the Bank of Japan never dared to lift interest rates significantly above zero. During this time the Japanese yen was the currency traders loved. No longer, it seems. "The yen has become the least obvious carrying currency," says Credit Suisse's Desbarres, mainly because the near-zero interest rates Japan once exclusively offered are now available from central banks across the globe. Ironically, the yen today looks relatively strong compared to the dollar, making it more...
...also cutting unnecessary costs. The savings from reduced water usage and from composting the grass clippings, branches, leaves, and other material that used to have to be transported off campus amounts to $35,000 a year. In addition, now that Harvard is composting its own materials, it no longer has to buy fertilizers, saving another $10,000 a year. In a time of budgetary constraints for colleges throughout the country, not to mention our nation as a whole, Harvard is continually demonstrating that reducing our environmental footprint and saving money do not have to be mutually exclusive; rather, they...
This is welcome news since, as guided by the Housing Renewal Report released last spring, the proposed renovations promise to help address many of Harvard’s most pressing issues. Notably, the remodeling attends to the lack of social spaces within houses. Dining halls will no longer be the only place to hold large functions, and the Junior Common Rooms will no longer be the only student “hangout” space in the house. Aside from improving social spaces, many of the report’s recommendations, such as eliminating walk-throughs, remodel Harvard?...
...what can the inhabitants of this leafy corner of Massachusetts do about low voter turnout? In the longer term, we need to debate measures such as the introduction of compulsory voting. However, regarding the senatorial election on January 19, 2010, we need to publicize the election in papers such as The Harvard Crimson and on student radio and television stations. But our efforts should not begin and end at the Charles River. We should be knocking on doors and handing out fliers encouraging people to turn out and vote regardless of their political hue. By doing this, we?...
...last Friday, his work is no longer unnoticed...