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Investigators studying last week's explosion aboard Qantas Flight 30 believe a burst oxygen tank, and not a bomb, was responsible for the blast and forced emergency landing in Manila. The explosion ripped a 9-foot hole through the side of a Qantas Boeing 747 - and an even bigger hole in the airline's reputation. In its 88-year history, the Australian carrier has had no fatal accidents and only three previous "major safety events." But that record ensures that even small incidents make headlines. Since 2006 there have been a growing list of such relatively minor mishaps: burst tires...

Author: /time Magazine | Title: Qantas Hits More Turbulence | 7/29/2008 | See Source »

...McCain, who has a bigger hole to fill because he will collect less taxes, the spending issue is one he says he would tackle with gusto once in office. But the details of those spending cuts are mostly, once again, in the sound-bite stage. McCain has promised "comprehensive spending controls," "across-the-board scrutiny" and a bipartisan congressional commission to chop up spending. The goal, says Holtz-Eakin, is to return to the fiscal discipline of the late 1990s, when then President Bill Clinton struck a deal with a Republican Congress to limit spending increases. "People write [new spending...

Author: /time Magazine | Title: The Candidates' Tax Plans: Fuzzy Math | 7/28/2008 | See Source »

...result is The Carbon Age, a kind of biography of the atomic element that is, as Roston points out, central to our world. "In anything bigger than an atom and smaller than a star, you're going to find carbon," he says. That includes all forms of life on the Earth, which is, as Mr. Spock used to say, carbon-based. That's because on a molecular level, carbon is a wonderful chemical joiner. Seemingly without prejudice, carbon atoms will combine with almost any other element to form the more complicated building blocks of life. "It's atomic Velcro," says...

Author: /time Magazine | Title: Why Carbon Is Not a Bad Word | 7/27/2008 | See Source »

...That would be disastrous enough for Labour. But in the rest of Britain the party faces an even bigger challenge from the Conservatives, who under David Cameron's charismatic leadership are consistently polling at least 15 points ahead of Labour in national opinion surveys and have triumphed in three successive electoral contests this summer. They defeated Labour in the London mayoral elections in May, installing Boris Johnson in City Hall, and followed that victory with two by-election wins, first in Henley, an affluent constituency west of London, and then in Crewe and Nantwich, a traditional Labour stronghold...

Author: /time Magazine | Title: An Ominous Loss for Britain's Brown | 7/25/2008 | See Source »

...scale in paying for extra time, knowing that workers fearing for their jobs may not be able to stand up to their bosses for more money. That will be especially true in smaller companies, labor experts say, where staff organization and union representation don't match levels in bigger groups...

Author: /time Magazine | Title: Goodbye to France's 35-Hour Week | 7/24/2008 | See Source »

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