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...Experiment, yes, but don't lose sight of core values - and maintain a commitment to openness and market-friendly policies. To shore up a plunging stock market, Hong Kong's government intervened by buying up blue-chip stocks. A decade later, a government that once prided itself as a bastion of the free market still runs a big portfolio of leftover shares and has occasionally meddled in the economy in ways that have confused businesses and the community at large. And while Malaysia's market interventions helped the country through the crisis, the country never recovered the openness and tolerance...

Author: /time Magazine | Title: Meltdown 101 | 10/23/2008 | See Source »

Lloyd already knows the answer, and so do thousands of others who have thrived off the good times. Yes, London is heading for a fall. Yes, it will hurt. But he remains sure of one thing. "We've got a city we are proud of," he says. "There's a feeling that London is a good place, and that hasn't changed." In troubled times like these, a stiff upper lip may be just what's needed...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...asked whether we are fixed on this path,” Smith said. “Yes, we are fixed on this path and we are moving forward...

Author: By Maxwell L. Child and Christian B. Flow, CRIMSON STAFF WRITERSS | Title: Faculty Express Concerns Over Implementation of Calendar Reform | 10/22/2008 | See Source »

...Coleman added to his woes by clumsily dodging questions about a report that a longtime donor had been buying suits and other clothing for him without it being reported on Senate disclosure forms. His spokesman's repeated refusal to give a direct yes or no answer to reporters' questions at one particularly tense press conference was so awkward that the video became a popular clip on political blogs. By the time Coleman finally gave a definitive response a few days later - "Nobody except my wife or me bought my suits" - the damage to his ebbing credibility had been done...

Author: /time Magazine | Title: Races to Watch '08: Franken May Get Last Laugh in Minnesota | 10/22/2008 | See Source »

...from the 2000 elections that sought to ban dog racing in the state. That initiative failed by a 51 to 49 percent margin. A poll of likely voters conducted last week by Rasmussen Reports, a public opinion polling firm, indicated that 50 percent of Massachusetts voters intend to vote yes on the question, while 37 percent are opposed. If the question passes, the ban on dog racing would go into effect in 2010. Greyhound racing has been a legalized industry in Massachusetts for over 70 years, but its popularity has declined substantially in recent decades. Only two tracks...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Voters Look To Ban Dog Racing | 10/21/2008 | See Source »

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