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...lowest automobile fuel-efficiency standards in the developed world, we need a combination of more stringent regulations, such as closing the “light truck” loophole for sport utility vehicles and creating more market-oriented incentives for the development of plug-in hybrid vehicles and flex-fuel technologies. As high gas prices and a collapsing housing market continue to harm American families, it is important that policymakers learn to separate politicking from actual policymaking. H.R. 6899 demonstrates that by defusing hot-button squabbles, it is possible to move ahead on issues of actual import. We hope...

Author: By The Crimson Staff | Title: Long Term Gains | 9/28/2008 | See Source »

...could make Brazil one of the world's largest crude producers, but even without that bounty, the economy has been growing as vigorously as a guava tree in the Amazon rain forest, allowing Brazil to start reducing its epic social inequality. Economic strength has also allowed the country to flex its diplomatic clout as the hemisphere's first real counterweight to the U.S. Lula led the creation of a bloc of developing nations, the G-20, to thwart U.S. and European hegemony in global trade talks. "I believe implicitly that Brazil has found its way," Lula told Time...

Author: /time Magazine | Title: Lula's Way | 9/25/2008 | See Source »

...Dahal and Nepal's new breed of politicians "have not forgotten that the Chinese were once not on their side," says S.D. Muni, India's leading Nepal expert. They know that as Asia's two giants grow and flex their muscles, Nepal must deftly maneuver between them. Dahal's trip to India has also yielded a raft of new investment proposals, which tellingly preceded the Maoist-led government's announcement of its first budget on Sept. 19. "Anybody in power in Kathmandu would know that they need India more than China," says Muni. "The China card is played simply...

Author: /time Magazine | Title: Nepal's New PM Makes the Rounds | 9/22/2008 | See Source »

...global reach," says Cheyenne Westphal, Sotheby's European chairman of contemporary art. "We're everywhere, and we act as a magnet for all the new people coming into the market." And a lot of those people might be more comfortable in an auction house - where anyone with cash can flex their muscles - than in top galleries, where dealers sometimes try to place works only with important collectors who might lend or give them to major museums. It's all part of any dealer's service to the artist's long-term reputation, but it can have the effect of discouraging...

Author: /time Magazine | Title: Damien Hirst: Bad Boy Makes Good | 9/4/2008 | See Source »

...greenest" one ever. The party is working to offset the carbon dioxide that will be produced by more than 6,000 delegates traveling to the Colorado capital, with prizes offered to the delegation that can reduce emissions the most. The convention's fleet of official cars will use flex fuels - a mix of gasoline and less carbon-intensive biofuels - and 1,000 bicycles will be available for use free of charge. The main stage in the Pepsi Center will be built out of sustainable wood and recycled materials, and the arena itself will offset the electricity it uses with wind...

Author: /time Magazine | Title: A Greener Convention, A Greener Future? | 8/25/2008 | See Source »

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