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...days, China and the other countries participating in what some have called Bretton Woods II export so much more to the U.S. than they import, they find themselves with hundreds of billions of dollars that they don't know what to do with. Up to now they've been content to recycle most of them by buying Treasury bills and other U.S. securities. The U.S. has enjoyed the low interest rates that have resulted, while China, the gulf states and Japan haven't wanted to face the consequence that by selling dollars, they would decrease the value of their remaining...

Author: /time Magazine | Title: Why the Dollar Is a 98-lb. Weakling | 9/27/2007 | See Source »

...find the back blank, the dust jacket non-existent, and the cover glued to the “pages.” The book was a prop, a fake, meant solely for decoration. Enraged though I was at the thought that someone who could care less about the content would display a faux-Hemingway on the living room shelf, I realized that I was being a bit hypocritical: I myself had not read the book. Returning home sans rug, lamp, and anything else I had actually been looking for, I rummaged through my family’s old collection...

Author: By Lee ann W. Custer, CRIMSON STAFF WRITER | Title: A Moveable Feast - Ernest Hemingway | 9/27/2007 | See Source »

...certain kinds of phthalates can cause cancer, developmental and sex-hormone abnormalities (including decreased testosterone and sperm levels and malformed sex organs) in infants, and can affect fertility. The U.S. Food and Drug Administration has no regulations on the use of phthalates, does not require the labeling of phthalate content on products and does not consider the quantities to which people are exposed to be harmful. But other countries think otherwise. In 2004, the European Union banned two types of phthalates in cosmetics and also bans the chemical in children's toys, as do 14 other countries. The first state...

Author: /time Magazine | Title: How "Fresh" Is Air Freshener? | 9/24/2007 | See Source »

Plug-in, spray or stand-alone liquid and gel air fresheners are used in nearly 75% of U.S. households, and the market has doubled since 2003 to $1.72 billion. The NRDC tested products, including those labeled "all-natural" or "unscented," and found a wide range of phthalate content, from zero parts per million (ppm) to 7,300 ppm. Many air fresheners contained a phthalate known as DEP and some also contained DBP, which are listed by the California EPA's Office of Environmental Health Hazard Assessment as a developmental toxin and female and male reproductive toxin, respectively...

Author: /time Magazine | Title: How "Fresh" Is Air Freshener? | 9/24/2007 | See Source »

According to the NRDC report, three Walgreens products - Walgreens Scented Bouquet Air Freshener, Walgreens Air Freshener Spray and Walgreens Solid Air Freshener - were among the top four highest in phthalate content (including Ozium Glycolized Air Sanitizer), and Walgreens pulled them from store shelves last Wednesday. The company will submit its house-branded products to an independent lab to confirm the NRDC's findings; one of Walgreens' manufacturers has already decided to make its product phthlate-free, according to Walgreens spokeswoman Carol Hively. The two air fresheners that the NRDC found virtually free of phthalates were Febreze Air Effects Air Refresher...

Author: /time Magazine | Title: How "Fresh" Is Air Freshener? | 9/24/2007 | See Source »

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