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...Alan Greenspan, 79, might well have expected his final year as Chairman of the Federal Reserve to be one triumphant victory lap. Instead, the man known as Maestro may not even get a standing ovation. The economy is showing signs of slowing growth and oil-fueled inflation, a potentially dire duality. The Dow Jones industrial average, a daily vote on prospects, is filled with undecideds. The volatile Dow plunged early last week and then rallied for its biggest one-day gain in two years, only to retreat again at week's end. Far more certain are the critics who have...

Author: /time Magazine | Title: Greenspan's Deficits | 4/25/2005 | See Source »

Aubourg’s presentation started on a grim note, and indeed ended on one as well, as she detailed the stunning lack of information, mobilization, and advocacy that had been conducted either by or on behalf of black people to confront the spread of HIV/AIDS. Galvanized by this dire set of affairs, I sought to make myself more knowledgeable about the crisis, particularly its political dimensions, and set about organizing something that could affect others the same way Aubourg’s presentation had affected...

Author: By Brandon M. Terry, | Title: Why Unite Against AIDS? | 4/18/2005 | See Source »

...that alert.) Other new films and television movies like Threads have graphically shown devastated cities and families, bodies crushed by buildings, the disintegration of flesh. None of these works deals realistically (if at all) with the political processes by which a nuclear war might be started, only with the dire consequences. That is typical of most recent cultural representations. If the popular imagination refused to touch the Bomb 30 years ago, it seems desperate to embrace the thing today...

Author: /time Magazine | Title: What the People Saw: A Vision of Ourselves | 4/12/2005 | See Source »

...ideal world, Wen and Manmohan Singh, India's Prime Minister, would spend their time together eagerly discussing what they could learn from each other. China has been much more successful than India at creating a modern urban infrastructure and at eradicating really dire poverty. India has been better at seeding centers of excellence in high technology. (Wen will visit Bangalore, of course.) China, for all its astonishing success, still has to figure out how a monolithic, nondemocratic governmental structure can manage a decentralized market economy. In India, as a senior New Delhi-based U.S. official said recently, "that question...

Author: /time Magazine | Title: Hands Across the Himalayas | 4/4/2005 | See Source »

...used to be under sanctions and the economic conditions were dire, but never was the city so ugly. Between the chopped trees and the burned houses, it's a total mess." FADHILA DAWOUD, Iraqi school teacher, on the physical state of Baghdad...

Author: /time Magazine | Title: Verbatim | 3/28/2005 | See Source »

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