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...Dave Butler, Grainger's director of corporate affairs, said in a statement that the decision to lay off Nicholson was driven solely by "the operational needs of the company during a period of extraordinary market turbulence. Grainger rejects outright any suggestion that there was any other motivation relating to Mr. Nicholson's beliefs or otherwise." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Environmentalism, the British Religion | 11/7/2009 | See Source »

...that the governing entities were so corrupt that only someone completely out of touch with normalcy could imagine the mere possibility of such wrongdoing. The novel leaves behind a sense of injustice that resonates well beyond the incidents of his characters and brings to light a story of crime outright that has long been overlooked...

Author: By Renee G. Stern, CONTRIBUTING WRITER | Title: Reflections in a Political ‘Mirror’ | 11/6/2009 | See Source »

...just indiscriminate bank lending that has retarded moves toward rebalancing. Outright government subsidies to businesses have increased in the past 12 months. Everything from bicycle makers to textile producers to chemical companies have seen their export subsidies rise because their markets worldwide were shriveling, and a panicky Beijing was spooked by the prospect of massive unemployment if factories shut down. "By transferring wealth from households to boost the profitability of producers, China's ability to grow consumption in line with growth of the nation's GDP is severely hampered," says Michael Pettis, a finance professor at Peking University's Guanghua...

Author: /time Magazine | Title: Could China's Economic Policies Trigger Another Crisis? | 11/3/2009 | See Source »

...said over the weekend that reinforcements could not be sent until the allegations of electoral fraud had been resolved, because the U.S. counterinsurgency strategy depends on defending a legitimate government. But the Afghan electoral commission's ruling that, after fraudulent ballots were discarded, Karzai had failed to win an outright majority in the first round of voting means that he'll have to face a runoff race against his closest challenger, former Foreign Minister Abdullah Abdullah...

Author: /time Magazine | Title: Is Escalation Obama's Only Choice in Afghanistan? | 10/20/2009 | See Source »

...Invitational that saw a lot of teams fluctuate on the leaderboard from Round 1 to Round 2, the Harvard men’s golf team’s consistency earned it an outright sixth-place (301-300-601) in the 17-team tournament—up from last year’s ninth-place finish. But even that isn’t enough for some on the team...

Author: By Dixon McPhillips, CRIMSON STAFF WRITER | Title: At Big 5, Harvard Shares Piece of Sixth | 10/13/2009 | See Source »

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