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...months, it has terminated as much as $1.1 billion in derivative contracts. Traders say Goldman Sachs, Citigroup and others have either driven hard bargains with AIG or made specific trades that would benefit from AIG's problems. Those moves are exacerbating the losses at AIG and increasing the cost of the insurer's bailout. "There is an argument to be made that the recent profits at the banks are because of AIG," says Bianco...

Author: /time Magazine | Title: Have AIG's Trading Partners Profited from Its Distress? | 4/2/2009 | See Source »

...From a practical standpoint, limiting HPV testing to women over 30 can also reduce unnecessary costs in treating patients in whom the infection would have resolved itself, a particularly important factor to consider when attempting to get cervical cancer prevention programs off the ground in the developing world and among lower-income women, Sankaranarayanan says. Indeed, the current standard in HPV tests, the Hybrid Capture II, which was used for this study, is already too costly for wide-scale application, running as much as $30 per test. Realistically, in order to be used on a grand scale, tests would have...

Author: /time Magazine | Title: HPV Test Screens Best for Cervical Cancer | 4/2/2009 | See Source »

...published in 2008, reported that a new HPV test, called careHPV, is easier to use, produces results faster and is just as effective as the Hybrid Capture II. Researchers say that when careHPV becomes available - Sankaranarayanan anticipates it will be on the market within two years - it will cost a fraction of the price of the Hybrid Capture...

Author: /time Magazine | Title: HPV Test Screens Best for Cervical Cancer | 4/2/2009 | See Source »

Debate is playing out within Western Muslim communities, too. "The immigrant Muslims often want [a minaret], because for them it symbolizes a mosque," says Omar Khalidi, an archivist at the Aga Khan Program for Islamic Architecture at the Massachusetts Institute of Technology. "But they cost a lot, and there are others who argue that [economically,] they're a luxury Muslims can't afford...

Author: /time Magazine | Title: Updating the Mosque for the 21st Century | 4/2/2009 | See Source »

...financial meltdown has turned into global economic crisis, the human cost in terms of lost jobs and displaced workers is growing at a terrifying pace. The International Labor Organization (ILO) predicts that 38 million people around the world could lose their jobs this year alone, sending unemployment rates in Europe and the U.S. into double digits for the first time in years and slowing - or in some places reversing - the massive jobs growth of recent years in Asia. Alarmed by the social and political consequences, governments, companies and labor unions in countries across the globe are scrambling...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

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