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...from the Cecil Group, an urban planning firm that is advising the Boston Redevelopment Authority, unveiled several versions of a plan to turn Barry’s Corner­­—a large intersection at North Harvard St. and Western Ave. that currently contains only a gas station—into a community hub that contains restaurants, cafes and a park. To illustrate their particular vision, the presenters made comparisons to other lively urban centers that are bordered by institutions, such as Harvard Square and University Park near...

Author: By Nan Ni and Vidya B. Viswanathan, CRIMSON STAFF WRITERSS | Title: City to Revamp Barry's Corner | 10/8/2008 | See Source »

...Holiday shopping is crucial for retailers because it accounts for as much as 40% of their annual sales. But consumer confidence has plummeted as Americans get squeezed by a housing crisis, rising unemployment rates, high food and gas prices, and a stock-market meltdown. Nine in 10 consumers believe the economy is in a recession, according to the most recent report of the University of Michigan Survey of Consumers. The barrage of bad news surrounding the $700 billion congressional bailout appears to have had a significant effect on shoppers' outlooks. At the end of September, 79% of consumers said they...

Author: /time Magazine | Title: Looking Ahead to a Blue Christmas | 10/7/2008 | See Source »

...panic over rising gas prices outplayed fears of melting Arctic ice, the Republican call to "drill, baby, drill" got louder and more popular, eventually pushing Democrats, including Barack Obama, to publicly support some amount of offshore drilling. The flip-flopping came on the heels of the Senate's defeat of the Warner-Lieberman bill - the first real attempt to pass federal cap-and-trade legislation - thanks in part to fears raised by Republicans that a carbon cap would further increase energy prices. "America's growing dependence on fossil fuels, once viewed as a Democratic trump card...has become a lodestone...

Author: /time Magazine | Title: Will the Environment Lose Out to the Economy? | 10/7/2008 | See Source »

...early morning of Oct. 7, a political standoff that has gripped Thailand for a month and a half erupted in a blaze of smoke. Riot police fired tear gas at the protesters gathered near parliament, and medical staff later reported that more than 100 people were injured. This included two protesters who had parts of their legs blown off by what police said were exploding tear gas canisters. A police spokesman said the action was taken to clear a road to parliament for cabinet members to attend Somchai's speech later in the day. A few days earlier...

Author: /time Magazine | Title: Thai Opposition Protests Heat Up | 10/7/2008 | See Source »

After the volleys of tear gas cleared, members of the PAD regrouped around parliament and Government House, still vowing to keep up their protests. But six weeks of an opposition siege have left many Thais weary of the prolonged anti-government action. The country's stock market continues to swoon, with the benchmark index down nearly 40% since the PAD began its protest movement in late May. At a time when the government should be focusing on insulating the country from the global financial crisis, it is instead dealing with a clutch of protesters who want to replace...

Author: /time Magazine | Title: Thai Opposition Protests Heat Up | 10/7/2008 | See Source »

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