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...Beijing, too, the soaring price of oil and sporadic gas and diesel shortages are drawing the attention of the government, which has drafted plans to levy steep taxes on gas-guzzling cars and SUVs. The new taxes could add as much as 27% to sticker prices. As one of the world's growing gas hogs, China's conservation efforts matter enormously. But it will take time for such measures to have much impact?and until they do, China's neighbors may simply have to get used to oil at almost $70 a barrel. It's a painful prospect...

Author: /time Magazine | Title: Peril at the Pumps | 8/29/2005 | See Source »

...SPECIAL EDITION L2000 This full-featured, feel-good laptop includes a 1.6-GHz AMD Turion processor, a 60-GB hard drive, 512 MB of RAM, a recordable CD drive with DVD playback and built-in wi-fi. For $50 you can add a DVD burner. Bonus for your social conscience: for every sale, HP is donating $50 to the Lance Armstrong Foundation...

Author: /time Magazine | Title: Technology: Cool For School | 8/28/2005 | See Source »

...wisdom that "love is watching someone die." Gibbard pitches most of his morbidity in an assuring middle range; he doesn't sound like he's singing so much as throwing an arm around your shoulder and advising, like a high schooler playing the prematurely wise friend. It does not add to the appeal...

Author: /time Magazine | Title: Music: Major Label, Minor Key | 8/28/2005 | See Source »

...cost, some MRI experts predict that will become less of an issue. "Right now many heart patients have to undergo a combination of tests that add up to more than the expense of one MRI scan," says Dr. Andrew Arai, a researcher at the National Heart, Lung and Blood Institute in Bethesda, Md., who is studying the use of cardiac MRI in the emergency room. If a single MRI could replace the need for lots of echocardiograms, cardiac catheterizations and nuclear perfusion scans, it might be worth the price...

Author: /time Magazine | Title: How New Heart-Scanning Technology Could Save Your Life | 8/28/2005 | See Source »

...Investors argue they're being unfairly scapegoated. Developers, they say, are simply frightened that outsiders like them are getting a piece of the action for once. They add that homebuilders, far from being the socially conscious lot they've cast themselves as in this dispute, are just as culpable with respect to skyrocketing housing prices. The developers, says Sean Claggett, a Las Vegas attorney who represents investors, are often the first these days to hyperactively raise home prices to levels that attract investors in the first place. "The investors are not the ones who dictate the market, so to just...

Author: /time Magazine | Title: Enter the Flipbusters | 8/25/2005 | See Source »

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