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...China's mall woes stem from a bubble-forming combination of inexperience, exuberance and excess capital. Local mall developers are often first-generation capitalists looking to reinvest riches reaped from the booming residential sector, Parker says, and many lack expertise in running successful commercial projects. Local governments push through new mall projects because they hope to enhance infrastructure and increase commerce. Meanwhile bankers, eager to expand their loan portfolios, become too-willing accomplices to overbuilding. Parker calls it a recipe for "the perfect storm." Banks in a mature market "provide the sanity check to a developer, but in China, there...

Author: /time Magazine | Title: Aspirational Hazard | 7/12/2007 | See Source »

...court of their own, leeching more than a dozen reporters away from the leaders. Senators Olympia Snowe and Susan Collins, both Maine Republicans, were explaining why they feel it's important to pass legislation condemning the surge, which has sent in an additional 30,000 U.S. troops to stem the violence and give Iraqi Prime Minister Nouri al-Maliki a chance to unify the different Iraqi factions behind his government. "The almost complete lack of progress since the surge began on the part of the Maliki government suggests that it has... made reform less likely," Collins said...

Author: /time Magazine | Title: Can Bush Save the Surge? | 7/10/2007 | See Source »

Melton, a leading researcher of stem cells, will co-chair a new University-wide department on regenerative medicine...

Author: By Samuel P. Jacobs, CRIMSON STAFF WRITER | Title: Smith Sets Summer Table | 6/29/2007 | See Source »

...Bush, while loudly protesting about immorality, has effectively left the U.S. without any such ethical standards. The National Institutes of Health did not come up with regulations for the acceptable use of embryos and embryonic stem cells, leaving states that choose to fund the research to create their own. The National Academies of Science, recognizing the problem, have proposed a set of guidelines, but these will stand as mere recommendations as long as the federal government officially refuses to get involved...

Author: By Melissa Quino mccreery | Title: The Stem Cell Dilemma | 6/25/2007 | See Source »

...promise of embryonic stem cell research is not an abstract hope that there may be cures in distant future, but an expectation of concrete results in the near future. In mice, embryonic stem cells turned in dopamine have already been shown to ameliorate Parkinson’s disease. Embryonic stem cell research promises to save lives. Yet, it also poses pressing questions about where, exactly, the ethical boundaries are. Our country needs a new policy that engages the ethical questions, sets standards, and allows scientists to move forward...

Author: By Melissa Quino mccreery | Title: The Stem Cell Dilemma | 6/25/2007 | See Source »

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