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...costs 20-30% less than beef. Kangaroos also do less damage to Australian soil than millions of hard-hoofed cows and sheep. And unlike ruminants, which produce gases that contribute 11% of Australia's greenhouse-gas emissions, kangaroos are naturally low greenhouse-gas emitters. The industry got a boost last fall when Ross Garnaut, Prime Minister Kevin Rudd's top climate-change adviser, issued a global-warming report urging Australians to chuck their beef and lamb and throw more roo on the barbie...

Author: /time Magazine | Title: Kangaroo: It's What's For Dinner | 4/30/2009 | See Source »

...amid fears of bioterrorism or a deadly bird-flu outbreak, President George W. Bush proposed the $7 billion National Strategy for Pandemic Influenza, meant to boost the availability of antivirals, ventilators and vaccines. Bush's plan was never fully funded; $870 million for flu-pandemic preparedness was actually dropped from the stimulus bill earlier this year. Still, it allowed the CDC to send diagnostic tests to labs around the country to track the flu's spread, while 11 million courses of Tamiflu were made available. "We are seeing a much more clear and cogent response than in the past," says...

Author: /time Magazine | Title: The Moment | 4/30/2009 | See Source »

...pendulum has begun to swing the other way. Many of China's state-owned enterprises (SOEs) have grown into giants, eclipsing the relatively young, private companies that have contributed heavily to the country's progress. That trend is being reinforced as China implements economic stimulus measures that in practice boost state-owned giants while private companies are left largely to fend for themselves. (See pictures of China's electronic waste village...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

...China Mobile, the world's largest mobile phone company by subscribers, Baoshan Steel and China National Petroleum Corp. The role they play in China's hybridized economy appears to be expanding due to the global slump. As Beijing fights recession with a $586 billion stimulus package and as banks boost lending at the behest of the government, the private sector looks to be getting squeezed out. Loans to private firms in January totaled $61.7 billion, down $102.5 million from the previous month, even as total lending has swelled, according to the All China Federation of Industry and Commerce...

Author: /time Magazine | Title: Why China's State-owned Companies Are Making a Comeback | 4/29/2009 | See Source »

...Iloilo, abolished the constitution, sacked Fiji's judges and reinstated Bainimarama as Prime Minister. Bainimarama, who seized power in a 2006 coup, wants to reform a political system he calls racist and corrupt. Critics, however, call him a dictator. Fiji's central bank has devalued its currency 20% to boost exports and tourism amid the turmoil...

Author: /time Magazine | Title: The World | 4/27/2009 | See Source »

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