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...price of oil gets the business headlines - and has a good-news feel as it helps cash-strapped American consumers the most - but the cost of an entire range of commodities has also plunged in the past quarter: copper, gold, nickel and steel have all fallen as global demand has weakened. One popular gauge of commodity prices, the Reuters CRB Index, tumbled 22.3% in October, the biggest drop in the index's 48-year history. (See pictures of the global financial crisis...

Author: /time Magazine | Title: The Rising Threat of Deflation | 11/6/2008 | See Source »

...plummeting price of oil, from $147 to less than $65 per bbl. since July, rendering regional investors increasingly cautious as they dial down their expectations of untold wealth. And a global recession is likely to tighten the belts of the foreign investors and vacationers who have driven demand for Dubai's real estate and tourism developments...

Author: /time Magazine | Title: Doubting Dubai | 11/5/2008 | See Source »

...having more sustainable products.5. FM: And how do you see the menu changing in the near future?TAM: Well, the menu’s a combination of budget and what’s available, but it’s mostly what students like and dislike. If there is a demand for more sustainable foods, we try to figure out how to make that happen. I think that’s becoming more important to people.6. FM: In retrospect, were you pleased with the results of Sustainability Week here?TAM: I thought it was great, yeah. The primary purpose...

Author: By Stephanie M Bucklin, CONTRIBUTING WRITER | Title: 15 Questions with Ted A. Mayer | 11/5/2008 | See Source »

...Within hours of Obama's election, global trouble spots were vying for the President-elect's attention. "This is my first demand of the new President of the United States - to put an end to civilian casualties," Afghan President Hamid Karzai said Wednesday in Kabul, following reports that a U.S. bombing in southern Afghanistan Monday killed 37 people at a wedding party, most of them women and children...

Author: /time Magazine | Title: Easing In Obama as Commander in Chief | 11/5/2008 | See Source »

...fuel "anti-American sentiments." Such ire could doom Washington's efforts to rid Pakistan's lawless frontier of the Taliban and al-Qaeda forces that regularly launch attacks on U.S. and NATO forces in nearby Afghanistan. Highlighting how Afghanistan has eclipsed Iraq as a strategic issue, Baghdad didn't demand anything more of Obama than, in the words of a government statement, to work together to achieve "security and stability in Iraq, to preserve its sovereignty and protect its people's interests...

Author: /time Magazine | Title: Easing In Obama as Commander in Chief | 11/5/2008 | See Source »

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