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...combustion? There's a reason for it. If you have a slow and shallow bear market, powerful officials don't get to exercise their power, so they debate whether they should use it at all, and then they just use the minimal amount, which doesn't do much to build the next rally. But if you have an outright panic, where it collapses, policy officials throw everything including the kitchen sink at it, which is just the thing we need to produce a strong rally. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: Is The Stock Market Bottoming? | 2/25/2009 | See Source »

...long (6.8 km) Great Belt Bridge: Denmark's bountiful wind, so fierce even on a calm summer's day that it threatens to shove your car into the waves below. But wind itself is only part of the reason. In Lem, workers in factories the size of aircraft hangars build the wind turbines sold by Vestas, the Danish company that has emerged as the industry's top manufacturer around the globe. The work is both gross and fine; employees weld together massive curved sheets of steel to make central shafts as tall as a 14-story building, and assemble engine...

Author: /time Magazine | Title: Denmark's Wind of Change | 2/25/2009 | See Source »

...allow developing economies to move from subsistence living. That they help Europe with green power, absorb CO2 by "greening" deserts and mitigate rising sea levels, is a bonus not to be ignored. They also generate jobs both in the recipient countries and in the developed countries who will build most of the heavy and sophisticated equipment. Sounds like a win-win situation. John R Errey, GARMISCH-PARTENKIRCHEN, GERMANY...

Author: /time Magazine | Title: The Self-Purifying Trend | 2/25/2009 | See Source »

...project was delayed by legal wrangling surrounding the company's acquisition of land in the state of West Bengal for a manufacturing plant. A two-year dispute over the fate of some 13,000 families that were to be displaced by the factory was resolved when Tata decided to build the plant in the state of Gujurat instead. But the launch of the Nano, originally set for October 2008, had to be pushed back. The company now says the car will debut in the first quarter of this year...

Author: /time Magazine | Title: India's Top Automaker, Tata Motors, Hits a Rough Patch | 2/24/2009 | See Source »

...level smugglers do cop pleas and then turn on one another, allowing prosecutors to weaken their organizations, says Josh Levine, former chief of the international narcotics trafficking unit of the U.S. Attorney's office for the southern district of New York. Prosecutors also note that little guys often help build cases against the capos. But Perez estimates that half of all extradited Colombians have no business bobbing through the U.S. criminal-justice system...

Author: /time Magazine | Title: Colombia's Drug Extraditions: Are They Worth It? | 2/24/2009 | See Source »

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