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...York Times reports that the phrase “War on Terror” is being quietly dropped by the new administration. It had served a purpose to facilitate the politics of fear during the Bush years, but it was becoming a serious burden for US approaches to the Muslim world. It became obvious to many cool headed observers that, while the likes of al-Qaeda and other extremists were still dangerous, they were in fact small hard-line groups. The vast Muslim world was ready for a more respectful and sympathetic approach from a saner US government. How else...

Author: NO WRITER ATTRIBUTED | Title: Journey to Mecca: In the Footsteps of Ibn Battuta | 5/15/2009 | See Source »

...closing 3,000 dealers in an effort to save money by narrowing down their distribution networks. Some of the larger dealers probably employ 100 people. In an economy that is losing nearly 600,000 jobs a month, the new efficiency program from Detroit is going to add to the burden of unemployed Americans very quickly...

Author: /time Magazine | Title: Auto Industry Says Adios to the Car Dealer | 5/14/2009 | See Source »

...Despite progress at some individual companies, most employers are straining under the weight of an ever-increasing healthcare burden, just as Washington is straining to pay for its healthcare programs. As President Obama said today: "The explosion in health care costs has put our federal budget on a disastrous path. This is largely due to what we're spending on Medicare and Medicaid." Not coincidentally, a new report was released on Tuesday forecasting a dire outlook for Medicare. The report forecast that, based on current trends, Medicare would run out of funds by 2017. Just one year ago, a similar...

Author: /time Magazine | Title: Obama Meets Business Leaders On Cutting Healthcare Costs | 5/13/2009 | See Source »

...blow to a market that was one of the world's most dynamic in recent years. Offering businesses a dip into London's deep investor pool, but with a light regulatory burden, AIM had lured 1,700 companies from more than 30 countries at its peak in late 2007. That figure now stands at 1,500 and shrinking. Among firms valued at less than $7.5 million - almost 40% of all companies listed on AIM - "there's quite a strong feeling that if things aren't going to improve in the near future, they're minded to look at coming...

Author: /time Magazine | Title: London's Small-Stock-Market Blues | 5/12/2009 | See Source »

...scale for damages was disproportionate to any harm committed, the team suggested, putting it in violation of the constitutional provision against “cruel and unusual” punishment and potentially “slamming the courthouse door” on those too cowed by the financial burden to consider risking further expenses by fighting the case. Of further concern was the possibility that the recording industry was attempting to use its lawsuits to send a message to potential file downloaders and not just to redress its damages, giving its lawsuits an extra objective not allowed by the rules...

Author: By Christian B. Flow, CRIMSON STAFF WRITER | Title: Building the Public Domain, Part II | 5/9/2009 | See Source »

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