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...poor two years from now. And then there is a rather different set of people who are in poverty, who are in poverty this year, and who are in poverty the next year, and who are in the poverty the year after, and basically are in poverty a large fraction of the time. And that poverty is obviously the far more serious poverty from a social point of view and all of the evidence suggests that poverty in the Native American community is substantially more of that long-term concentrated variety than poverty in other communities. And that too suggests...

Author: NO WRITER ATTRIBUTED | Title: TRANSCRIPT OF SUMMERS' REMARKS | 4/20/2005 | See Source »

...Peru because of a law requiring a cutoff of funds to countries that are more than a year in arrears. But his policy might set a dangerous precedent: if such debtors as Mexico, Brazil and Argentina, which together owe more than $200 billion, were to limit payments to a fraction of export earnings, many large U.S. banks might face a squeeze on profits...

Author: /time Magazine | Title: Defiant Debtor | 4/18/2005 | See Source »

Many of these experimental weapons, of course, may never find their way into the American arsenal. Some may prove impractical, while others may fail to win congressional funding. Only a fraction of past DARPA projects have been deployed. But the 27-year-old agency, which helped develop the cruise missile and the Stealth bomber, has had a powerful impact on strategic thinking. Among the sophisticated systems now under...

Author: /time Magazine | Title: Over Hill, over Dale... | 4/18/2005 | See Source »

...less than two miles away, where the broad Paseo sweeps into Mexico City's dingy eastern suburbs, the vista was not as comforting. In small parks along the thoroughfare, about 200 drab green tents were pitched together against the early winter chill. The dwellings sheltered only a fraction of those left homeless by the quake, a total of 50,000 by government estimates, or as many as 150,000 by unofficial counts. There are no sanitary facilities in the encampment; periodically, municipal trucks distribute small plastic bags of potable water. Along with a few donated blankets, that...

Author: /time Magazine | Title: Mexico:Trouble After an Earlier Disaster: | 4/18/2005 | See Source »

...imports from China rose by almost 26% to $A17.9 billion, almost all of it manufactured goods (such as clothing, computers, toys and sporting goods, telecommunications equipment and furniture). Last year, Australia exported to China a mountain of wool and cotton. Ships carrying a tiny fraction of what China's clothing factories can produce brought back an even bigger mountain of clothing, much of it bearing the labels of Australian and overseas fashion houses...

Author: /time Magazine | Title: The Quiet Revolution | 4/18/2005 | See Source »

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