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...identify, test and implement the best ways to slow the progress of chronic diseases - both in developed and developing nations. That will be a tall order, particularly since no specific funding has been allocated for the GACD and because chronic diseases work slowly and frequently fall to the bottom of global health priorities. It's important to remember also that the rising rate of chronic diseases in developing nations does nothing to relieve the co-existing burden of infectious diseases like tuberculosis - many such countries now face a "double burden" that can worsen the impact of each...

Author: /time Magazine | Title: A New Campaign to Fight Diseases of the Wealthy | 6/16/2009 | See Source »

...That translates into a somewhat depressing reality for the over 50 million people living in the region. The world's "freedom rankings" compiled by Freedom House, a Washington D.C.-based human rights NGO, place all five of the post-Soviet 'Stans near the bottom. Independent media is almost non-existent. Human rights activists are frequently detained and tortured, and many others live in exile. Even in Kyrgyzstan, where a so-called "velvet" revolution toppled the ruling president in 2005, the subsequent government has done little to distinguish itself from the past. "Central Asians tolerate an awful lot," says Roberts. "They...

Author: /time Magazine | Title: Could Central Asia Be the Next Flashpoint? | 6/15/2009 | See Source »

...lake, sending fierce winds from the north to create waves nearly 2 ft. above Deur's head. "The waves," he recalls, "had some nice shape and power." "But look," he continues, "we know that in the world of great surfing, as far as quality goes, we're at the bottom. We're in it for the fun." Anticipating the arrival of surfing on Lake Michigan, Deur said Wednesday, "We understand and respect the city's small-step approach to opening these beaches. And we consider this a victory...

Author: /time Magazine | Title: No Ocean, but Chicago Moves to Legalize Surfing | 6/13/2009 | See Source »

Calderón is particularly concerned about the nation's image because of the bottom line. In 2008, foreign tourists spent $13.3 billion in Mexico, the third biggest source of foreign income after remittances and oil exports. This year all three of these moneymakers are being clobbered. While the price of petroleum nose-dived with the crisis, the recession north of the border pushed Mexican remittances down 18.6% in April compared with the same time last year. To add to these woes, Mexico's manufacturing sector has been battered by a drop in spending in the U.S. In total...

Author: /time Magazine | Title: Guns, Germs and Recession: The Curse on Mexican Tourism | 6/11/2009 | See Source »

...while foreclosures are certainly bad for banks, higher interest rates alone aren't. It is not the level of interest rates that matters to bank bottom lines, but the difference between short-term rates and long-term rates. Banks make money when they can borrow money on a short-term basis - think about your deposits - at little costs and lend it out on a longer-term basis - your mortgage - at a higher rate. That's what economists call the yield curve. And the steepness of the curve, which is the difference between short-term rates and long-term rates...

Author: /time Magazine | Title: Why Rising Interest Rates May Be a Good Sign | 6/10/2009 | See Source »

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