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According to Liew, that's because the monetary-policy prescriptions offered by central banks have thus far done little to cure the constipated credit markets that are stalling the global economy. Under normal circumstances, interest-rate cuts by central banks would promote interbank lending. But Wednesday's coordinated rate cuts in the U.S., Europe and Asia have failed to restore lenders' confidence. The London Interbank Offered Rate, the benchmark for short-term interbank lending rates, actually rose to 4.75% Thursday, its highest level of the year. In Hong Kong, interbank lending rates have doubled in the past month. Banks remain...

Author: /time Magazine | Title: Fear and Despair as Asia Markets Plunge Again | 10/10/2008 | See Source »

When I was diagnosed, I got every concoction, miracle cure and e-mail with different theories. The important thing is to go around. You have the diagnosis; you have the second opinion, hopefully--a third opinion, even, if you need it. Then you really start to weigh your options. Which one feels right? It may not be the right decision, but it's what makes you feel right...

Author: /time Magazine | Title: 10 Questions for Lance Armstrong | 10/9/2008 | See Source »

...travelers now in the area, there's really not enough," she says. MEDEX still transports its most seriously ill clients to Hong Kong. "In terms of medical care, China is one of the most challenging countries," she says. But it's also ripe with opportunity for businesses with a cure...

Author: /time Magazine | Title: China's Medical Boom | 10/9/2008 | See Source »

Someone once said that the best cure for a hangover is a long run in the morning. So, last Sunday, I decided to hit the gym at the crack of mid-morning, hoping the end to my headache was only a workout away. As I entered the MAC’s South Cardio Room, I spotted Eliza J. Livingstone ’09, the only other person in the room, sashaying fervently on an elliptical near the window. Although in the midst of a weight-loss, hill-climb, level-five, Livingstone was still thumbing through “Us Weekly...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: The Bystander Hits the Gym | 10/8/2008 | See Source »

...researchers note that circumcision is no cure, and no substitute for safe-sex measures such as using condoms. Millett's analysis found that in studies conducted before 1996 - before the advent of highly active antiretroviral therapy - circumcision was associated with a statistically significant 53% reduction in H.I.V.-transmission risk, which is on par with the 48% to 60% reduction in infection rates reported by the 2007 trials in Kenya, South Africa and Uganda that studied heterosexual men. After 1996, however, when antiretroviral (ARV) drugs turned H.I.V. into a condition that people lived with rather than died from, the protective effect...

Author: /time Magazine | Title: New Debate Over Circumcision, HIV Reduction | 10/7/2008 | See Source »

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