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...natural gas around the world reflect just how strong China's thirst for fossil fuels has become. Motorists bemoaning high prices at the pumps?oil rose to a record $55 a barrel on Oct. 15, up 65% this year?can with some justification point an accusatory finger toward the mainland. Its booming economy and burgeoning appetite for cars and other modern conveniences have caused energy demand to soar. China's oil imports doubled over the past five years and surged nearly 40% in the first half of 2004 alone. These increases vaulted the mainland ahead of Japan and into second...

Author: /time Magazine | Title: China's Quest for Oil | 10/18/2004 | See Source »

...British Broadcasting Corporation. Her conclusion is that winning organizations--from NFL franchises to FORTUNE 500 companies--share three core characteristics: they instill accountability at all levels, cultivate collaboration and teamwork and encourage initiative and innovation. With illustrative examples, Kanter lays out how to overcome attitude problems like passivity, inefficacy, finger pointing and panic in order to become a winner. But be warned: Kanter often calls for sweeping action, like clearing out top management or drastically reallocating resources. Confidence, apparently, often starts with bold action. --By Barbara Kiviat

Author: /time Magazine | Title: BRIEFING: MANAGEMENT: You Can Do It | 10/11/2004 | See Source »

...millions of diabetics who test their glucose by pricking their finger up to eight times a day, Abbott researchers have come up with a less painful alternative-- a patch called the Navigator, which is embedded with a wireless transmitter that can read glucose levels once a minute and works for three days at a time before needing to be changed. The continuous sugar-level readings are sent to a small receiver kept in a pocket or purse, and originate from the patch's hairlike filament that penetrates ever so slightly beneath the skin. But it doesn't probe deep enough...

Author: /time Magazine | Title: Medicine: Get Well in '05! | 10/11/2004 | See Source »

ALAN GREENSPAN'S OFFICIAL TITLE IS Chairman of the U.S. Federal Reserve. But he functions as something akin to America's economic Prognosticator in Chief. For decades Greenspan, 78, has constantly kept a finger in the air, trying to divine the economic future and determine how best to prepare. Is the economy poised to heat up? Raise interest rates. Is it likely to cool down? Cut them a quarter-point. During his tenure, a period that has stretched over four Presidents and assorted stock-market rises and falls, Greenspan has commanded dozens of interest-rate adjustments. For tens of millions...

Author: /time Magazine | Title: Forecasting: The Money Man: ALAN GREENSPAN'S CRYSTAL BALL | 10/11/2004 | See Source »

GRISLY QUOTE: "Using the blade like a paring knife, I slice through a pinky-finger-sized filament...

Author: /time Magazine | Title: WHAT TO READ WHEN YOU'RE FEELING SORRY FOR YOURSELF | 10/4/2004 | See Source »

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