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...evidence so far seems to suggest that many cases of milk, egg, peanut and wheat allergies can be treated, at least in the short term. In human studies, tolerance to problem foods appears to last as long as the treatment is in progress. "The question is, Is this just a treatment, or can it be a cure?" asks Cambridge University's Clark, whose study on toddlers is designed to help furnish an answer...

Author: /time Magazine | Title: Can Peanut Allergies Be Cured by ... Eating Peanuts? | 3/1/2010 | See Source »

...however, politicians abuse their ability to borrow just like any spendthrift with too many credit cards, and often pile up more bills than they can handle. Argentina, Russia, Mexico and others have stiffed their bankers over the past 30 years. In fact, the sovereign-debt crisis goes back as far as the concept of the sovereign state. The first recorded government default took place in the 4th century B.C., when Greek municipalities failed to pay back loans granted by a temple. (Read "The Party's Over for Spendthrift Greeks...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...down stock markets around the world. Policymakers worry that Greece's woes will spread to other weaker members of the euro zone, such as Portugal, Ireland, Italy and Spain - a collection of countries traders have nicknamed the PIIGS. Government leaders nowhere near Europe are concerned as well. "Such events far away can hurt Singapore," warned Lee Hsien Loong, the city-state's Prime Minister, in his Chinese New Year address. "Singaporeans should be psychologically prepared ... and not let down our guard too soon." (See pictures of the global economic crisis...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...plan to quickly reduce its fiscal deficit. Papandreou has already promised pay cuts for public employees and tax hikes, but his European counterparts are demanding an even stricter program. That presents a huge test to his regime. Government workers have already staged strikes to protest Papandreou's plans. So far, he's held firm. A recent poll showed that two-thirds of Greeks believe the Prime Minister's measures are necessary; only 41% think they go far enough. "The government has seen the problem and is trying to do something," says Helen Tourkogeorgou, a 32-year-old stay-at-home...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...that's partly because of their cosmopolitan leadership. One sure result of war is refugees, and decades of fighting in Somalia have seen the rapid growth of a large Somali diaspora in places from Cape Town to Minneapolis. But not all who have been forced to make new lives far away from Africa have done so easily. The past few years have seen the arrival in Somalia of 200 to 300 young ethnic Somali men from the U.S., Britain, Canada, Australia, Norway and Sweden, migrants' children returning to their ancestral homeland, according to diplomatic and intelligence sources in East Africa...

Author: /time Magazine | Title: The Rise of Extremism in Somalia | 3/1/2010 | See Source »

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