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Dates: during 2000-2009
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...Having grown faster than Europe's other big economies over the past decade, British GDP will shrink more this year, estimates the E.U. Brits have begun comparing themselves to Iceland, another north Atlantic island buffeted by financial turmoil. When squatters were discovered living in two $20 million Park Lane mansions, it was taken as a powerful reminder of the recessions of the 1970s and 1980s. "There will be lots more people like me in the coming months," said one of the squatters. Britain's opposition Conservative Party says things could get so bad that the country might have...

Author: /time Magazine | Title: The Proud Pound's Fall from Grace | 1/27/2009 | See Source »

...stocks have continued to plummet since the program was started in mid-October. Two of the nation's largest banks, Citigroup and Bank of America, have had to tap the relief fund twice, yet neither bank appears any more stable. Indeed, concerns about Bank of America's insolvency have grown, not shrunk, in the past few months. What's more, none of the government money spent so far has done anything to increase lending or lower foreclosures. (See the best business deals...

Author: /time Magazine | Title: How to Stop the Banks' Bleeding: No Easy Choices | 1/27/2009 | See Source »

...trial, which will test a stem-cell-based treatment for spinal-cord injury, will begin later this summer and will use cells generated by Geron Corp. The approval marks the first time human stem cells, extracted and grown from embryos, will be transplanted into patients. Adult stem cells, which are present in many types of tissue, have been used in treatments for years - the most common being bone-marrow transplants in cancer care - but an embryonic study is a whole new thing. There's a good reason it's being greeted with so much excitement. (See the top 10 medical...

Author: /time Magazine | Title: Cautious Optimism for the First Stem-Cell Human Trial | 1/24/2009 | See Source »

...been over a year since we published our feature "The 25 Best Financial Blogs." A great deal has changed. Some of the blogs on the list are gone or no longer have regular posts. Others have grown and become better...

Author: /time Magazine | Title: Best 25 Financial Blogs | 1/22/2009 | See Source »

School is the last place most kids would want to spend a Bali holiday but grown-ups will enjoy the lessons at Green School, www.greenschool.org. The Indonesian island's latest attraction is a private international primary and soon-to-be-high school, established to give an education steeped in environmental awareness. To that end, Green School is constructed almost entirely of bamboo and mud - nary a nail holds up its beautiful buildings in Sibang Kaja, a 15-minute drive from Ubud in central Bali. School tours, held Mondays and Wednesdays at 3 p.m., are so popular with tourists that they...

Author: /time Magazine | Title: A Greener Education in Bali | 1/22/2009 | See Source »

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