Word: accounting
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...While H1N1 infection results in mild or moderate disease in most patients - indeed, the most severe cases account for a small proportion of overall infections - a subset of patients are harder hit, the data show. And in those patients, the disease can often quickly become life-threatening. "The major point of our findings is that there has been a lot of perception that this is a mild disease, and a lot of people may be ambivalent about vaccination," says Dr. Janice Louie, a public-health medical officer at the California Department of Public Health and the study's lead author...
...That meant attacking the problem at the root. Just as the U.S. saved too little while consuming too much, China saved too much and consumed too little. The result was a lopsided international trade scorecard. China ran huge current account surpluses - peaking at 10% of GDP in the first half of 2008 - and as a result accumulated a massive load of foreign exchange, which it turned around and loaned, mostly to the U.S. government, which enabled Americans to go on borrowing and spending. China, policymakers said, intended to break this unhealthy cycle. (See pictures of the making of modern China...
...Hong Kong. At the same time, the U.S.-China economic relationship is not as lopsided as it was a year ago, at least by some measures. The U.S. savings rate has increased to about 4% of GDP (from zero at the recession's onset), and China's current account surplus has fallen from 10% of GDP to about 6.5% of GDP. Both are improving for the same reason: shell-shocked consumers in the U.S., where the unemployment rate is 9.8% and rising, have snapped their wallets shut. Now that it's pouring, they have started saving for a rainy...
...first comprehensive account of this vast operation in 20 years. It's an imposing volume: Beevor, author of The Fall of Berlin 1945 and Stalingrad, deftly marshals vast tranches of information with his customary unflappability. Just crossing the English Channel involved assembling almost 5,000 vessels, the largest fleet in history. Although Beevor had access to a great deal of new material, there are no major revelations in D-Day. But it contains some surprises...
Most of the new sources are letters and journals written by soldiers, and they yield hundreds of shockingly vivid vignettes from the beaches and trenches. You won't soon forget the account of Bill Millin, bagpiper for the 1st Special Service Brigade of the British Army, who had to march out of the surf onto Sword Beach under rifle and mortar fire playing "Highland Laddie." And Beevor focuses on things other writers have neglected. For example, he doesn't gloss over the hideous costs paid by French civilians. The Allies, before liberating them, bombed them relentlessly in an attempt...