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...During that time, new drugs would still receive FDA approval, and consumer advertising could begin once the moratorium is over. "The line would be frozen behind the gate for two years," Swallen says. "But the number of brands waiting in line will grow, and there will be the same flow into the market once the gate reopens. It's a onetime deferral...

Author: /time Magazine | Title: Are Direct-to-Consumer Drug Ads Doomed? | 2/4/2009 | See Source »

What's likely is that there will be at least some reversal of the relatively free-flowing trade and movement of workers of the past few years. The extent of that could be determined by just how bad the region's economies get. "We've already seen the rescue of finance sectors bleed into industries like automakers and construction at an extremely rapid rate - one that's accelerating further as frightened publics demand protection from national leaders," says Karel Lannoo, CEO of the Centre for European Policy Studies in Brussels. "This is undermining something the world learned in the past...

Author: /time Magazine | Title: Protectionism on the Rise in Europe? | 2/4/2009 | See Source »

...heroin aren't the only drugs that provide an economic lifeline to Burma. For years, an influx of Burmese-made methamphetamine has flooded into neighboring Thailand and China, feeding Asia's chemically induced highs. There are some signs that the Burmese government is trying to stanch the drug flow. In January, a high-profile raid in the Burmese commercial capital, Rangoon, netted a large amount of heroin loaded onto a ship bound for Singapore, according to the Irrawaddy, a media organization run primarily by Burmese in exile in Thailand. But the raid appears to have been galvanized by foreign anti...

Author: /time Magazine | Title: Burma's Opium Production Back on Rise | 2/4/2009 | See Source »

...Cross (ICRC) claimed on Sunday that artillery shells landed in a makeshift hospital in rebel territory, killing at least 9 people and wounding 20 injured. And ICRC representative Sarasi Wijeratne in Colombo urged both sides "to allow the immediate evacuation of civilians and allow in the flow of essential medical supplies...

Author: /time Magazine | Title: How Sri Lanka Tamed Its Tigers | 2/3/2009 | See Source »

...Someone who took out a subprime loan in 2003 is the "patient zero" who began the great recession. In financial models, he was supposed to pay his mortgage for ten years and then sell his home. When his mortgage reset in 2006, he defaulted. The flow of his payments into the mortgage pool stopped. The differential between the real world and the Wall St derivative model moved off center by a fraction of a millimeter. Another person within the same pool defaulted the next day, and quickly the mortgage pool lost the financial yield characteristics that it was supposed...

Author: /time Magazine | Title: Finding the Man Who Started the Global Recession | 2/2/2009 | See Source »

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