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Stanford professors comment on economic instability

Congress’s Aug. 2 approval of a last-minute debt ceiling increase marked the beginning of at least a week of instability in the U.S. economy, which included Standard & Poor’s (S&P) downgrading the country’s credit rating, volatility in the stock markets and the Federal Reserve Bank’s announcement that it will maintain low federal interest rates. American economists, including those at Stanford, have a variety of theories as to how the situation came to be, as well as how it will play out.

Overseas Seminars return to campus

Stanford Overseas Seminars are returning to the University for the 2011-12 academic year. The program, which is run by the Bing Overseas Studies Program (BOSP), will accommodate between 60 and 75 students in five three-week long seminars during summer 2012. The program should then expand to its peak size of 10 seminars for 150 students in 2013. Specific details on the programs offered have not yet been announced.