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...nervous they are about a weaker dollar as the U.S. runs up massive deficits to shore up its crumbling economy and financial system. In the past two weeks, China signed multibillion-dollar currency-swap agreements with Indonesia and Argentina that effectively allow Beijing's two trading partners to bypass the dollar as a medium of exchange. The deals followed similar swaps China has hammered out over the past six months with Malaysia, Hong Kong and South Korea. The combined value of the various swaps - which enable the central banks of China's trading partners to sell yuan to local importers...

Author: /time Magazine | Title: China Takes a Small Step Away from the Dollar | 4/6/2009 | See Source »

...concentrator who had taken Edwards’ class the year before and stayed to do post-grad work in the Idea Translation Lab, also joined the team. Their brainstorming sessions in the Lowell dining hall were straight out of Willy Wonka. “We imagined neurocircuitry that would bypass the mouth altogether and target different parts of the brain for different smell and taste sensations,” Zhou said. “People would wear a helmet. There could be a pole attached to the ceiling. It would be like bumper cars.”They envisioned...

Author: By Rebecca A. Cooper, CRIMSON STAFF WRITER | Title: Chocolate Lovers: Get A Whiff of This | 4/3/2009 | See Source »

...public "kiddie" prisons and smaller (but far more numerous) privately owned ones, handles more than 1.6 million juvenile cases a year; detentions have increased 44% from 1985 to 2002, the most recent year for which data are available. And that doesn't include the number of young offenders who bypass the juvenile system altogether. Every year, some 200,000 youths are tried, sentenced or incarcerated as adults, and on the first instance of trouble, often for relatively minor crimes, according to the Campaign for Youth Justice; those kids are 34% more likely to get into trouble again by committing...

Author: /time Magazine | Title: Getting the Juvenile-Justice System to Grow Up | 3/24/2009 | See Source »

...substantiated by further research, it would add to a growing body of evidence suggesting that antidepressants carry a high risk (particularly for teenagers) when weighed against the drugs' still uncertain benefits. Scientists have already shown that antidepressants are a bad idea for those about to undergo coronary artery bypass surgery...

Author: /time Magazine | Title: Depressed? Angry? Your Heart May Suffer As a Result | 3/14/2009 | See Source »

...especially rampant when congressmen were permitted to slip earmarks into legislation without taking responsibility - non-earmarked earmarks, in a way - but Obama helped spearhead an effort to eliminate that practice after Democrats took back Congress. It is also true that earmarks can be a sneaky way for boondoggles to bypass hearings, public comment periods, cost-benefit analyses and other forms of scrutiny. But the Constitution does give Congress the power of the purse, and earmarks can sometimes be the only way for congressmen to force recalcitrant bureaucracies to take on worthy projects. For example, most federal transportation aid goes directly...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

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