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...Mabini, a city of 41,000 overlooking the clear waters of Batangas Bay, used to be a busy farm town, where loaded trucks left twice a week carrying fruit to Manila. Today, nobody is making a living off the land. The local markets' produce comes from somewhere else, and the cost of living is inflated by residents' foreign salaries, which are easily 10 times local wages. In Little Italy, many workers have built sprawling, European-style homes - some complete with sweeping marble terraces, faux stone façades and fountains - years before they plan to return to the Philippines...
...domestic property market, they haven't yet needed the kind of cash injections seen elsewhere in Europe and the U.S. But with credit markets freezing over, the government has guaranteed deposits and debts for a handful of big lenders, amounting to well over $500 billion in liabilities, more than twice the country's GDP. The next step will be to ensure credit gets to Ireland's good-quality businesses over the next year or two, says Davy's White. On Grafton Street, Weir & Sons is among the luckier ones. It owns its black-and-gold-fronted store, so at least...
...insufferable.” I e-mailed government professor Roger Porter, former adviser to Gerald Ford, Ronald Reagan, and George H.W. Bush, about the question of presidential ambition. Porter teaches the popular class, Government 1540: “The American Presidency.” It meets twice a week in Harvard Hall, and the students who take it project an air of fresh-scrubbed optimism nowhere to be found in classes on, say, social theory. The guys all seem to have crew-cuts, the girls shoulder-length hair and headbands. Chris Ballesteros perches on one of windowsills and takes notes...
...related items evidenced a time when Harvard life was divided sharply by socio-economic class. As a rarity in 17th century America, the pronged utensil was used to convey family wealth and extravagance. Other items showed the abandoned Harvard custom wherein younger students served upperclassmen their meals on a twice-daily basis. The exhibit’s final theme, “Rule (Breaking) and Religion,” established unapproved behavior as a long-standing temptation for Harvard undergraduates. Gold buttons and pewter jewelry, dug from the dirt between Matthews and Grays, showed that Harvard students were more than...
India and Pakistan have fought over Kashmir twice since 1947. Resolving an issue that has been the failure of many great diplomatic efforts will by no means be an easy task. But Obama, strengthened by his mandate at home and even abroad, and spurred on by his pledge to fix Afghanistan, is the man for the job. The time is right. Despite the economic meltdown, the U.S. has leverage in the form of an agreement to sell India civilian nuclear technology and fuel. Pakistan has a civilian government for the first time in nine years, and a desperate need...