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...government reported that fourth quarter GDP contracted at an annual rate of 3.8%. That does not approach the 7.8% in the second quarter of 1980 or the 10.4% post-war record set in the first quarter of 1958. The consensus estimate among analysts was for a 5.4% drop...

Author: /time Magazine | Title: GDP Drop: Not As Bad As Feared, But Worse Is Ahead | 1/30/2009 | See Source »

Harvard Kennedy School professor Joseph S. Nye has been offered the post of U.S. ambassador to Japan, an appointment that could enhance the current administration’s call for greater adoption of Nye’s noted “soft power” foreign policy philosophy, according to multiple news outlets...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Rumors Peg Nye As Ambassador To Japan | 1/29/2009 | See Source »

Among this year’s fellows is Maralee Schwartz, a former economics editor at the Washington Post, who is spending her third semester at Harvard after serving as an Institute of Politics fellow in 2007 and a visiting Murrow lecturer at the Kennedy School last fall...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: Shorenstein Taps New Fellows | 1/29/2009 | See Source »

France shut down today, as an estimated million or more people throughout the country demonstrated the impact of the recession and government policies to deal with the downturn. Scores of flights were canceled, countless schools, post offices, and even courts closed, and armies of commuters endured long slogs to work as public transport services suffered disruption of varying severity...

Author: /time Magazine | Title: Massive Strike Closes France | 1/29/2009 | See Source »

...didn't look much like peace. At the launch on Wednesday of a report on how post-conflict Northern Ireland should best deal with the legacy of its three decades of the Troubles, a Protestant woman, whose parents died in an IRA bomb attack 15 years ago, confronted Gerry Adams, the Sinn Fein President and best known face of Irish Republicanism. "Murderer!" she screamed, amid boos from some participants and cheers from others...

Author: /time Magazine | Title: N. Ireland Peace Proposal Draws Outrage | 1/29/2009 | See Source »

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