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...that the Detroit Three are now expecting a possible loan from the TARP funds, but critics warn even if Ottawa steps up with billions of dollars in aid, it won't be able to secure any job guarantees. "The real action is between Detroit and Washington," says Joe D'Cruz, a specialist in business strategy at University of Toronto's Rotman School of Management. He's concerned that Washington could make the transfer of jobs from Canada - which accounts for about 15% of Detroit Three production in North American - to the U.S. a condition of any assistance...

Author: /time Magazine | Title: Canada Faces Recession — and a Political Crisis Too | 12/15/2008 | See Source »

...pinned Mickey Rourke for The Wrestler. Best actress: Sally Hawkins in Happy-Go-Lucky (New York and L.A.), Meryl Streep in Doubt and Anne Hathaway in Rachel. Supporting actor: Heath Ledger, The Dark Knight (L.A. and D.C.) and Josh Brolin, Milk (New York and NBR). Supporting actress: Penelope Cruz as the passionate painter in Vicky Cristina Barcelona (NBR, New York, L.A.) and Rosemarie DeWitt as Rachel in Rachel...

Author: /time Magazine | Title: Awards Fever: Film Critics vs. the Golden Globes | 12/11/2008 | See Source »

Right now in Noel Kempff Mercado National Park, a day's drive over rutted tracks northeast of the Bolivian city of Santa Cruz, they're counting the trees. Members of nearby indigenous communities, with help from the Bolivian green group Friends of Nature Foundation (FAN) and the American nonprofit the Nature Conservancy (TNC), have fanned out across the Noel Kempff's 4.2 million acres (1.7 million ha), which range from Amazon rain forest to dry savanna. In the footsteps of howler monkeys and endangered black jaguars, they follow mapped plots in the forest, drive stakes into the ground and measure...

Author: /time Magazine | Title: Green Banks: Paying Countries to Keep their Trees | 12/4/2008 | See Source »

...earthquake occurred in Los Angeles in 1769. A violent earthquake in the 7.9 range toppled trees and buildings around Fort Tejon - a mountainside Army base - in 1857. As severe as the quake was, the state was so sparsely populated at the time that only two people died. The Santa Cruz Mountains and surrounding areas - San Francisco, San Jose, Santa Clara and Santa Cruz - took a 6.5-magnitude shock on Oct. 8, 1865. Mark Twain witnessed the event and wrote about it in his memoir, Roughing It: "[T]he ground seemed to roll under me in waves, interrupted by a violent...

Author: /time Magazine | Title: The 'Big One' | 11/13/2008 | See Source »

...emergency. For the most part, though, the low death tolls can be attributed to luck. "We haven't had a big earthquake beneath one of our metropolitan centers yet," Allen says. "For example, in '89, the quake started beneath the mountains. There was some damage in Santa Cruz and San Francisco, but San Francisco was more than 60 miles away. When an earthquake occurs in densely populated urban areas, the fatalities will be much higher...

Author: /time Magazine | Title: The 'Big One' | 11/13/2008 | See Source »

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