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...explains, "It is entirely possible that what started as a cyclical rise in unemployment could end up as an entrenched problem." Past crises have illustrated that lesson: the longer you wait, the harder it is to contain. This is as true for joblessness as it was for subprime mortgages, al-Qaeda and computer viruses...

Author: /time Magazine | Title: Jobless in America: Is Double-Digit Unemployment Here to Stay? | 9/11/2009 | See Source »

...During the oil markets' wild ride last year, prices hit an all-time high of $147 a barrel in July before crashing to slightly more than $30 a barrel in December. Now oil futures hover around $70 a barrel - a price that is, finally, just right, according to Ali Al-Naimi, oil minister from Saudi Arabia, which produces about one-third of all OPEC oil. "The market is in very good shape," he told Reuters when he arrived in Vienna on Wednesday, Sept. 9. (See pictures of South Africa's oil-from-coal refinery...

Author: /time Magazine | Title: Oil Prices Stabilize; Can OPEC Keep Them That Way? | 9/11/2009 | See Source »

...beginning of August, which saved jobs but lowered the wage dollars available to the community. Rogers isn't even the worst off - his cheap buffet can still fit into many tight budgets. O'Neil says other restaurant owners in town tell her they're down 25% in 2009. Big Al's diner closed in February...

Author: /time Magazine | Title: The Ripple Effect: What One Layoff Means For A Whole Town | 9/11/2009 | See Source »

...Karzai would dial into a weekly videoconference call with his buddy George W. Bush. No longer. The Obama Administration cut Karzai's direct access to the White House earlier this year. The new Administration views Karzai's corrupt and flailing presidency as a big reason that the Taliban and al-Qaeda are regaining so much ground in Afghanistan...

Author: /time Magazine | Title: Can the U.S. Still Work with Afghanistan's Karzai? | 9/8/2009 | See Source »

...Al-Qaeda, meanwhile, would return on a red carpet. "All these fancy new villas in Kabul where the diplomats and the rich businessmen live? They'll go to al-Qaeda families," says Mir, adding that a "defeat" of the U.S.-led forces here would be a boon to Muslim extremists around the world, much as the Soviet army's retreat from Afghanistan was during the late 1980s. (See pictures of Osama bin Laden...

Author: /time Magazine | Title: Can the U.S. Still Work with Afghanistan's Karzai? | 9/8/2009 | See Source »

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