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...BICs can keep growing even as the U.S. and Europe flounder, it would spell an end to America's long reign as the driving force in the global economy. Goldman's O'Neill has said it's "conceivable" that China's economy will be bigger than that of the U.S. in less than 20 years and that the BRIC countries as a group will carry as much economic weight as the G-7 group of Western powers plus Japan. This sounds like bad news for the U.S. - and it will certainly bring all sorts of new complications to the global...

Author: /time Magazine | Title: Let Someone Else Buy | 7/13/2009 | See Source »

...Showtime's Nurse Jackie, Edie Falco's title character runs up against a hospital administration that wants to wring every possible dime out of patients. "All Saints [Hospital] is in the business of flipping beds," Jackie tells a colleague. "That's it. End of story. The fact that you have even the slightest inclination to help people puts you miles ahead of 100% of the population." (In real life, Falco is a health-care-reform activist.) Jada Pinkett Smith also plays an overworked nurse taking on bureaucracy, on TNT's Hawthorne. On NBC's fall drama Trauma...

Author: /time Magazine | Title: POTUS TV: Paging Dr. Obama | 7/13/2009 | See Source »

...sunset provision will quietly terminate University subsidies for a vaccine preventing genital warts and cervical cancer at the end of the month, ending a program created two years ago only after months of ardent student campaigning...

Author: By Arianna Markel, CRIMSON STAFF WRITER | Title: HPV Vaccine Subsidy To End July 31 | 7/13/2009 | See Source »

...Long term, the USOC would benefit much more from a Chicago win than a new network. And if all goes well, it could end up with both. The IOC still has a financial incentive to select Chicago: U.S. media outlets would offer the organization millions of dollars in fees to broadcast a domestic Olympics. But it's still bad politics to risk alienating IOC voters. The USOC has undergone a management shake-up since the Beijing Games: former CEO Jim Scheer was pushed out and replaced by Stephanie Streeter, a four-year board member, on an interim basis. Right...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

...international outrage at what's taking place. It's not always going to be a neat decision." The same pragmatism is evident in Obama's negotiating approach. As a rule, he has sworn off the Bush practice of punishing foreign misbehavior by cutting off diplomatic ties or threatening an end to direct conversation. Weeks after the bloody crackdowns began in Iran, the President says he still hopes the nation's leaders will meet with him at the negotiating table before September to discuss Iran's nuclear program...

Author: /time Magazine | Title: The Five Pillars of Obama's Foreign Policy | 7/13/2009 | See Source »

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