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...instead of just funneling all of their money into say Treasuries or mortgage bonds. One way to do that is to require foreign governments or investors who only buy Treasuries or mortgage bonds to place a certain portion of their U.S. investments in an account at the Federal Reserve. Rather than park their money at the Fed, Caballero contends that many investors will choose to put their money into riskier U.S. investments...

Author: /time Magazine | Title: Did Foreigners Cause America's Financial Crisis? | 1/15/2010 | See Source »

Cott responded in an e-mailed statement to The Crimson on Thursday that her point had not been about importance in any absolute sense but rather importance from the perspective of the state with the authority to create marriage rules...

Author: By James K. Mcauley, CRIMSON STAFF WRITER | Title: Harvard History Professor Testifies in Proposition 8 Case | 1/14/2010 | See Source »

Winters said he thought that the decision to fill the seat by special election rather than leaving it vacant until the fall would benefit Flaherty, who has run for the seat before and garnered name recognition throughout the Middlesex, Suffolk, and Essex district—which includes parts of Cambridge, Boston, Chelsea, Everett, Revere, Saugus, and Somerville. The Boston Globe endorsed Flaherty...

Author: By Julie M. Zauzmer, CRIMSON STAFF WRITER | Title: Special Election For Senate Seat To Be Held | 1/14/2010 | See Source »

...London on Jan. 28. Germany has 4,300 soldiers in Afghanistan, making it the third largest international contributor after the U.S. and Britain. But the CDU's partners are split over whether to send more. According to media reports, Westerwelle is opposed to a troop increase and would rather focus on efforts to train the Afghan police. But Merkel's Defense Minister, Karl-Theodor zu Guttenberg, a member of the CSU, is reportedly open to the idea of contributing more troops. "The FDP is the problem child of Chancellor Merkel's new government," author Gerd Langguth, who has written...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

...perhaps even more surprising is the criticism she is receiving from within her own party. On Jan. 10, the Frankfurter Allgemeine Sonntagszeitung newspaper published an open letter signed by four regional CDU parliamentary leaders that said that Merkel owed her electoral victory to luck rather than a convincing campaign strategy and that the CDU had lost touch with its core supporters. The letter also stressed that Merkel's main priority should be to "win back the conservative and economic liberal voters." Analysts say that conservative leaders disliked the CDU's swing to the center of the political spectrum when Merkel...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

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