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There may well be green shoots in the economy, but American consumers are still withering. That was the message from the Census Bureau's retail sales report on Wednesday morning, with sales dropping 0.4% overall in April. Forecasters had expected no change...

Author: /time Magazine | Title: If Consumers Won't Kick-Start the Economy, What Will? | 5/13/2009 | See Source »

...time as Davies in Liverpool. Davies shows a righteous class contempt for the excesses of Britain's "fossil monarchy," such as "the Betty and Phil Show," his phrase for the marriage of Prince Philip to Elizabeth II. "Even more money was wasted on her coronation... whilst in England's green and pleasant land the rest of the nation survived on rationing in some of the worst slums in Europe...

Author: /time Magazine | Title: Of Time and the City: Terence Davies' Liverpool Memories | 5/12/2009 | See Source »

...after the announcement, House Agriculture Committee chairman Collin Peterson, a Minnesota Democrat, accused the EPA of attacking corn and soybean farmers. "You're going to kill off the biofuels industry before it even gets started," Peterson said. "You are in bed with the oil industry!" (View 10 next-generation green technologies...

Author: /time Magazine | Title: Stress-Testing Biofuels: How the Game Was Rigged | 5/12/2009 | See Source »

...Farm fuels can sound like the ultimate win-win situation, reducing our dependence on carbon-intense fossil fuels while boosting demand for American farm products. And they're "renewable," which has become a kind of synonym for green. But years ago, researchers began raising concerns about the direct emissions created by the heavy machinery and petroleum-based fertilizers it takes to grow corn and other biofuel feedstocks, the energy-intensive plants that convert the crops into fuel and the trucks that transport the fuel to market. A slew of studies have concluded that when you include all these life-cycle...

Author: /time Magazine | Title: Stress-Testing Biofuels: How the Game Was Rigged | 5/12/2009 | See Source »

...rise, it's plain to see that military operations in Afghanistan are not going well. But if Defense Secretary Robert Gates is right, three-star Army Lieut. General Stan McChrystal is just the guy to turn things around. On May 11, Gates announced plans to install the former Green Beret as the top U.S. and NATO commander for the troubled nation. Some analysts hailed the surprising overhaul as proof that the U.S. is rethinking its conventional approach to combat, especially given McChrystal's background as commander of the military's clandestine special operations in Iraq...

Author: /time Magazine | Title: Stan McChrystal: The New U.S. Commander in Afghanistan | 5/12/2009 | See Source »

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