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...last few months in office, former President George W. Bush's Administration pushed through over 150 "midnight regulations," many of them weakening existing environmental protections. Although Obama is now in charge, most of Bush's new rules are on the books, and changing them will take time and effort from an already burdened White House. "The Obama Administration will be saddled with reversing harmful Bush rules at the same time that Obama wants to enact his own agenda," says John Walke, a senior attorney for the Natural Resources Defense Council (NRDC...

Author: /time Magazine | Title: Obama Cleans Up After Bush | 1/24/2009 | See Source »

...Still, what else are you going to call it? In an effort to move away from the dreaded 'molecular,' in 2008 Adrià embraced a new name, coined by Catalan journalist Pau Arenós: "techno-emotional." The term was received with relief among some chefs desperate for a more lyrical description of what they did and derision among the better part of the food-writing community; this year, it got no traction at all. Instead, Adrià opted for 'scientific gastronomy,' while McGee, arguing that all cooking involves scientific processes, made a plea for plain and simple 'gastronomy...

Author: /time Magazine | Title: Debating the Merits of Molecular Gastronomy | 1/23/2009 | See Source »

...worry of Beijing's leadership as well. In a frantic effort to preserve jobs, officials are trying to stimulate the domestic economy to make up for lost export growth. In November, the government announced a $586 billion stimulus package, much of which is new infrastructure spending. Taxes on some real estate transactions were also suspended late last year to boost the sagging property sector, which accounts for some 10% of national employment. More steps are likely to come. Analysts expect the government to introduce measures to support the steel and auto industries...

Author: /time Magazine | Title: China's GDP Slows to Seven-Year Low | 1/22/2009 | See Source »

...revision was a purely ideological effort to undo a landmark Socialist law, and ignored the fact most companies and workers don't want to change the 35-hour arrangement," says Eric Heyer, an economist and deputy director of the French Economic Observatory in Paris. "And by allowing companies to calculate employee time worked on a yearly rather than strict weekly basis as the previous law required, the 35-hour law provides businesses with badly needed flexibility to adapt to evolving activity at lower cost...

Author: /time Magazine | Title: Why France's 35 Hour Week Won't Die | 1/22/2009 | See Source »

...Internet buff's lawyer and supporters, including many members of the opposition party, say the purported charge is erroneous because the government, led by the Grand National Party, did indeed ask for dollar buying to be reined in. They further allege that the move reflects a concerted effort by the current conservative government to suppress freedom of speech in cyberspace, especially if it is anti-government in nature. "It's back to the past" says Song Yong Gil, a member of the opposition Democratic Party...

Author: /time Magazine | Title: Seoul Cracks Down on an Internet Financial Guru | 1/22/2009 | See Source »

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