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Mostly Christians, the Kachin live in northern Burma and were famous during colonial times for their battle skills. Although they, too, waged a decades-long armed struggle against the Burman-dominated regime, the Kachin signed a ceasefire with the government in 1994. Despite a boom in forestry and casinos in Kachin State, quality of life for many Kachin remains poor, with forced-labor campaigns common, along with human-trafficking to nearby China...

Author: /time Magazine | Title: A Closer Look at Burma's Ethnic Minorities | 1/30/2009 | See Source »

...story’s like a mousetrap,” he said. “You leave the cheese, and suddenly: Boom! Something happens...

Author: By Bonnie J. Kavoussi and Chelsea L. Shover, CRIMSON STAFF WRITERS | Title: Author Updike Passes Away at 76 | 1/28/2009 | See Source »

Logitech Squeezebox Boom With a beefy, bassy 30-watt amp and a pair of high-performance speakers, the Boom ($260) is built to shake the room. And there's no end to the tunes you can blast out of this little black box. It can wirelessly stream Web stations and - if you can't find anything you like online - music stored on your PC's hard drive. It also connects to personalized internet radio services like Last.fm, Pandora and Slacker. www.logitech.com...

Author: /time Magazine | Title: Global Jukebox | 1/28/2009 | See Source »

...collapse of a speculative bubble in the stock market in 2001 and 2002. Consumers, and the housing market, weren't in a recession at all - and the Fed's super-low rates precipitated a bubble. "We inadvertently stimulated an industry that was already in boom conditions," Gramm said. "This changed everything. It changed consumption behavior, it changed lending behavior...

Author: /time Magazine | Title: Phil Gramm Says the Banking Crisis Is (Mostly) Not His Fault | 1/24/2009 | See Source »

...lethal combination of mismanagement, overexpansion and economic gloom is driving the boom in retail liquidations. During better days, a company could file for Chapter 11 bankruptcy, and the banks would finance its operations until the shops could restructure. These so-called debtor-in-possession, or DIP, loans kept the company operating. In the early 1990s, for example, Macy's spent nearly two years in Chapter 11. Today, banks aren't keen to lend to anyone, least of all a retailer in miserable shape. (See the worst business deals...

Author: /time Magazine | Title: How Liquidators Profit from Circuit City's Loss | 1/22/2009 | See Source »

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