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...awards scholarships to poor children from state schools in England, and has instituted other programs to make the school available to the underprivileged. Eton's reputation as an enclave for the wealthy is undeserved. Ann O'Doye London Next Best Thing to a Cure time reported on the growing demand in Europe for alternative treatments for illness [June 26]. I've been a complementary practitioner for more than eight years and have successfully treated many patients who had tried everything that mainstream medicine had to offer, sometimes repeatedly, but whose conditions still remained painful. The success of my work resides...

Author: /time Magazine | Title: Eton Reinvents Itself | 7/11/2006 | See Source »

Thanks to spiking metal prices caused by demand from China and India and a couple of smelting-factory shutdowns in Mexico you may not have heard about, the zinc inside a penny now costs .83 of a cent. (The U.S. got rid of almost all the expensive copper in 1982.) Add distribution and production costs, and you're up to 1.3 cents to make a penny, which freaks people out. That's because the U.S. Mint claims to make a profit, called seigniorage, on the difference between the cost of producing currency and its value. That, however, is stupid. Printing...

Author: /time Magazine | Title: Common Cents | 7/10/2006 | See Source »

...This conviction is an indication of just how far the Japanese economy has come. Following the stock and property collapses of the early '90s, most businesses and consumers drastically cut their spending and investments. With demand falling, prices dropped too, exacerbating businesses' unwillingness to invest in new ventures, and Japan found itself in a disastrous deflationary spiral. In desperation, the BOJ reduced interest rates to zero in 1999, but it had little impact for years because Japanese companies were hobbled by so many other problems, like bloated payrolls and debt-laden balance sheets. Under the reform agenda initiated by Prime...

Author: /time Magazine | Title: Japan Takes Flight | 7/10/2006 | See Source »

Even as workplaces move toward more open seating, privacy remains a top demand among employees. A Knoll study found that 45% say they do their best work in "their own personal space." The top privacy-related gripe: overheard conversation, particularly from cell-phone shouters. So architects are being exhorted to help muffle cubicle babble. Some advocate loft ceilings, others white noise; a desktop gadget called Babble can broadcast garbled recordings of the user's voice to mask real conversation. "To be honest, I see a lot more people just wearing iPods at their desks," says Dennis Gaffney, co-director...

Author: /time Magazine | Title: Redrawing the Cube | 7/9/2006 | See Source »

...appeal to "anyone who has any influence on Hamas" is an admission that the U.S. has absolutely no influence on the Palestinian government. And the only players who may have any leverage in the situation will be those that actually rebuffed the Bush administration's demand that they sever all ties with the Palestinian government, particularly financial ties, after Hamas won democratic elections in January...

Author: /time Magazine | Title: Israel Is Bogged Down in Gaza. Where is the U.S.? | 7/7/2006 | See Source »

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