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George W. Bush imposes tariffs of up to 30% on imported steel in an effort to bolster the struggling U.S. industry. Facing a possible trade war with Europe and an official WTO rebuke, he repeals them...

Author: /time Magazine | Title: The World | 9/28/2009 | See Source »

...What They're Dumping in Belgium: There was no honey, but Belgium was a land flowing with milk on Sept. 16 when farmers dumped 790,000 gal. (3 million L) of dairy product onto their fields to protest low prices. In an effort to draw attention to the cause, thousands of European Union milk farmers have also launched a milk strike, halting deliveries to industrial dairies and demanding strict production quotas...

Author: /time Magazine | Title: The World | 9/28/2009 | See Source »

...Borlaug--who died Sept. 12 at the age of 95--joined the Rockefeller Foundation's effort to conquer hunger in Mexico. At the time, agricultural researchers were enhancing crop yields by bombing plants with nitrogen fertilizer. But they eventually discovered that the process made seed heads grow so big they would collapse in the field. Nature seemed to have hit a wall...

Author: /time Magazine | Title: Norman Borlaug | 9/28/2009 | See Source »

Obama has vowed instead to fund projects examining alternatives, an effort echoed in the Senate Finance Committee health-reform bill released Sept. 16. One idea: apologize. Studies show that when doctors tell patients they erred and are sorry, litigation is much less likely. (Such admissions of guilt are typically inadmissible in court.) Since launching a program in which doctors admit errors and offer payments out of court, the University of Michigan Health System has cut claims in half...

Author: /time Magazine | Title: Spotlight: Malpractice Reform | 9/28/2009 | See Source »

...jittery creditors to keep lending it money--filed for bankruptcy protection. It was the largest bankruptcy ever in the U.S., but the really big news was what happened afterward. First came a financial panic that threatened to shatter the global capitalist order, followed by an unprecedented--and unprecedentedly expensive--effort by governments on both sides of the Atlantic to patch things...

Author: /time Magazine | Title: The Bailout's Biggest Flaw | 9/28/2009 | See Source »

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