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...best one is that an F-16 burns more fuel in an hour than the average American family uses in an entire year. And each gallon of fuel costs many more times the cost of fuel at your local gas station, given the cost of transporting [it]. It may end up costing $100 or more per gallon. When you think about the fact that every day in Iraq something like 1.5 million gallons of fuel are delivered by truck convoy to U.S. forces, it's a staggering investment of human and financial resources. (See TIME's special report...

Author: /time Magazine | Title: The Real Impact of America's Oil Crisis | 10/13/2009 | See Source »

...end, patients almost unanimously said the purely melodic offerings were the most soothing. But the recordings of their brain activity were eye-opening. (Read "The Year in Medicine 2008: From...

Author: /time Magazine | Title: Using Music to Ease Patient Stress During Surgery | 10/13/2009 | See Source »

...Their goalie made an amazing save at the end of the half,” Harvard coach Ray Leone said...

Author: By Christen B. Brown, CONTRIBUTING WRITER | Title: Harvard Maintains 16-Year Streak | 10/13/2009 | See Source »

...apiece. If the students maintain good attendance records and reach performance targets agreed upon with their teachers, reward payments will be added to their class account. But here's the catch: the students can't go and spend the money on a new iPod or an Xbox at the end of the year. Each account, which could reach a maximum of $15,000, can only be used to finance a school-related project or endeavor, such as a class trip abroad to improve foreign-language skills, computer equipment for the classroom or driving lessons to obtain a license. Still...

Author: /time Magazine | Title: Should Students Be Paid to Do Well in School? | 10/12/2009 | See Source »

...growing differential in interest rates is only one element in this process. On the day Australia raised interest rates, Britain's Independent newspaper reported that the Gulf Arab states and China, Russia, Japan and France are working to end the use of the dollar in oil trading by 2018. Citing "Gulf Arab and Chinese banking sources in Hong Kong," the newspaper said the plan is to price oil using a basket comprising gold, euro, yen, renminbi and a new unified currency for the Gulf Cooperation Council countries...

Author: /time Magazine | Title: Why Investors Should Bet Against the Dollar | 10/12/2009 | See Source »

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