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...annual TIME 100 gala that included social entrepreneurs and activists, First Lady Michelle Obama announced that as part of the new Serve America Act, the White House is creating the Social Innovation Fund to help nonprofits and individuals who are working on creative solutions to the nation's most difficult challenges. TIME supported the creation and passage of the Serve America Act, and Mrs. Obama's speech--she is, by the way, a TIME 100 honoree--was a fitting capstone to both the evening and the movement for national service. She cited three young social entrepreneurs who are tackling problems...
...been very difficult to get advertisements from local businesses and major corporations,” said Denise Xu ’11, business director of Tuesday Magazine. “We’re trying to get donations from people that we know who support our magazine as a cause...
More expert organizations warn that even with the passage of the financial propositions, the future would bring more headaches. The League of Women Voters says that Prop 1A would "make it more difficult for future governors and legislatures to enact budgets that meet California's needs and address state priorities" and "could lock in a reduced level of public services by not taking proper account of the state's changing demographics and actual growth in costs." The Legislative Analyst wrote, "The fiscal effects of Proposition 1A are particularly difficult to assess...
...Swine flu's known symptoms vary little from those of winter flu, which is one of the main reasons it is difficult to track. Those with underlying health problems, such as diabetes or heart disease, seem especially vulnerable -a particular concern for a nation like Japan with a high elderly population. None of the infected are in critical condition, but, as deadly influenza pandemics have proved in the past, the current strain of H1N1 may mutate and become far more virulent - and lethal - by the next flu season. (Read "How to Deal with Swine Flu: Heeding the Mistakes...
...Some market observers say they expect the rally will fizzle soon because the global economy remains in the deepest recession in decades. "It's difficult for India to live in splendid isolation while the rest of the world suffers serious economic damage," says Sanjoy Bhattacharya, a partner at Fortuna Capital, an offshore hedge fund. Tough challenges remain for India's economy, too, notes Sharma. "Just because there's been a good weekend doesn't mean you can forget all our problems of fiscal deficit and lack of infrastructure growth," he says...