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...Lord is going to use Sunday to search for administrative inefficiencies.6:57 PM Jun 23rd from...
...growing, it is no surprise that Harvard has been hunting for revenue sources to continue funding its essential programs. But one of these new ventures—Harvard’s agreement to license the phrase “Harvard Yard” to the Wearwolf Group for use in a line of upscale clothing—has elicited unwarranted student criticism and media attention. Given that the profits from the clothing line—which will sell men’s shirts for $160 and sportcoats for as much as $495—will directly benefit Harvard?...
...mainland. But a deal announced on Aug. 28 by China Unicom, the country's second largest mobile service provider, will make the phone available to hundreds of millions of mainland consumers, opening a huge new market to Apple. China now has nearly 700 million mobile phones in use, almost as many as the next two largest mobile-phone nations - India and the U.S. - combined. "Apple needs a good international success story to keep their momentum going, and China is a great candidate for that," says Duncan Clark, chairman of BDA, a Beijing-based telecommunications consultancy...
...aging country in the world. Its demographics have traditionally been seen as a liability and a drag on productivity. But it could be a ripe opportunity for the domestic economy. The health-care-service industry is growing, and the technologies developed to handle the aging population will be of use to other industrialized nations when their time comes. Liberalization of growing sectors such as nursing and medical care would allow consumers to pay extra for premium services and thus stimulate domestic demand. While public health insurance is necessary, economists say that high-quality private hospitals and clinics that charge more...
...Praising China's use of moral suasion to persuade the banks to cut back on lending instead of resorting to the blunt instrument of raising interest rates, ING sees GDP returning to its trend growth of 10% next year. The Shanghai index now "rests two standard deviations below the trend line that starts in early November 2008, which we consider strong support," says ING chief economist Tim Condon. "We do not expect the support to be broken...