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...York Times Company have any choice over who put money into the firm? Probably very little. The newspaper industry is viewed as a poor investment. Several newspaper chains are already in the process of liquidation, particularly Journal Register and Gatehouse. The third largest newspaper company, McClatchy (MNI) is in deep trouble. A number of the nation's largest dailies, including The Rocky Mountain News, are for sale and some will be closed if they do not find buyers...

Author: /time Magazine | Title: How Carlos Slim Saved the New York Times | 1/20/2009 | See Source »

...these types of export-at-all-costs policies that some economists worry will cause a resurgence of 1930s-style antitrade policies. Jim Walker, an economist at independent research firm Asianomics in Hong Kong, says "the big danger" in Asia is a "round of competitive devaluations" of Asian currencies that sparks protectionism in the West. Walker fears that China, in its efforts to support growth and the millions employed in export factories, will eventually allow the yuan to depreciate, forcing all other Asian countries to do the same to keep their exports competitive. "If conditions do worsen, then every lever...

Author: /time Magazine | Title: The Threat of a Global Trade War | 1/19/2009 | See Source »

...credit crunch has gotten crunchier, the cost of cotton-balling kaput countinghouses has gotten a lot costlier. The FDIC had an average loss (based on deposits) of nearly 30% for the 23 bank deals it did in 2008, for which the FDIC released details, according to financial industry consulting firm Ely & Co. That is more than double the average loss of 13% the agency registered on bank rescues in the 17 years prior...

Author: /time Magazine | Title: Can the FDIC Handle Its Growing Job? | 1/19/2009 | See Source »

...other words, anything could go wrong. And if it does, the DHS can say, "We told you so." Or, as Joe Funk, a former Secret Service agent who now runs the private firm U.S. Safety & Security, puts it, "Somebody is covering their...

Author: /time Magazine | Title: Security at the Inauguration: Preparing for Anything | 1/19/2009 | See Source »

...risk, fewer consumers are willing to make a long-term bet on a solar system - but so have ebbing subsidies for solar in Europe, where manufacturers in the U.S. still send most of their product abroad. Without Spain and Germany - leaders in European solar - soaking up systems, the research firm New Energy Finance estimates an oversupply in the industry of nearly 4 gigawatts in 2009. "There's real concern about the policy risks in Europe," says Christopher O'Brien, the head of North American market development for Oerlikon Solar...

Author: /time Magazine | Title: Solar Power Needs a Bailout Too | 1/18/2009 | See Source »

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