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...riots come as Greece's center-right government is struggling to cope with a plague of scandals and an economic slowdown that threaten its slim one-seat majority in Parliament. "For the past five years, Greek citizens have realized that they live in an insecure environment, both socially and financially," said center-left opposition leader George Papandreou. "We must address responsibly the deeper causes of these phenomena." (See pictures of the recent riots in Belgrade...

Author: /time Magazine | Title: Why Greece Is Wracked By Riots | 12/8/2008 | See Source »

...among parts suppliers that sell to Japan's carmakers; job losses would send more shock waves through the U.S. economy, deepening the recession in what is by far the largest single market for Japanese cars. "What we're seeing is the 30-foot tsunami that not even Toyota can cope with," says Tatsuo Yoshida, executive director and senior analyst at UBS Securities Japan...

Author: /time Magazine | Title: Why Detroit's Woes Are Bad for Toyota | 12/5/2008 | See Source »

...ordinary times, gaining market share was Job One for Japan. But now executives are trying to figure out how to cope under circumstances they have never faced before. Sacred cows are being sacrificed to preserve earnings: Honda announced today that it was pulling out of Formula One racing to focus on its core business. Toyota, which has seen its stock drop more than 50% since the beginning of the year, established an Emergency Profit Improvement Committee chaired by company president Katsuaki Watanabe. Since forming the committee last month, Toyota has planned cuts to production, as well as layoffs...

Author: /time Magazine | Title: Why Detroit's Woes Are Bad for Toyota | 12/5/2008 | See Source »

...Chinese, who are massive buyers of U.S. Treasury debt, took their money and went home, the repercussions for America would be catastrophic. At a moment when the already large U.S. budget deficit is poised to skyrocket, thanks to the various bailouts and stimulus packages Washington has passed to cope with the economic crisis, a pullout of Chinese assets would send interest rates soaring, and a deepening recession could become something worse...

Author: /time Magazine | Title: Paulson in China: The Monster Under the Bed | 12/5/2008 | See Source »

...researchers were capable of suggesting several potential explanations. In their report, they theorize that lower childhood IQ might suggest varied levels in brain health that make the subject more exposed to certain mental disorders. The researchers further said that people with lower IQ levels find it more difficult to cope with complex modern daily life, possibly making them more vulnerable to developing psychiatric symptoms. Researchers argue that the findings can be helpful in treating individuals with psychiatric disorders. “Lower childhood IQ was associated with greater severity of mental disorders including persistence over time and having...

Author: By Youho T. Myong, CONTRIBUTING WRITER | Title: Scientists Tie Low IQ to Disorders | 12/2/2008 | See Source »

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