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...were "incendiary," but also said, "In the long run, what you may end up with is a vast digital slush pile" and "a mass of novels written by 15-year-olds.") Even David Moldawer, the associate editor who helped sign Hutchins to St. Martin's dismisses novel podcasting's growth. "It's a very small community," Moldawer, who now works for Penguin Books, told TIME. "I think the podcasting thing in general has definitely flattened out." Audio-type books require a longer commitment than reading a book, he adds, and sifting the wheat from the chaff is a time-consuming...

Author: /time Magazine | Title: Podcasting Your Novel: Publishing's Next Wave? | 1/31/2009 | See Source »

...past few decades, banks have been piling up risk, making more and more loans based on less and less capital. Years of economic growth, shallow recessions and record-low default rates lulled bankers into thinking that the future would resemble the immediate past, at least as far as risk went. Turns out it didn't. All it was going to take was a worse-than-average recession - and it looks as though we've got one - and many banks, including a number of the biggest ones, were bound to fail. The shockingly poor lending standards - housekeepers being approved for million...

Author: /time Magazine | Title: Why Your Bank Is Broke | 1/31/2009 | See Source »

These health workers are part of Women Health Volunteers (WHV), a network of 100,000 women who help the government with health and hygiene in urban areas like Tehran, one of the Middle East's biggest metropolises. Rapid urbanization as well as galloping population growth have swelled the city's citizenry from about 1.5 million in 1956 to close to 8 million in the city proper and pushed out its boundaries into a vast metropolitan area that's home to an additional 6 million...

Author: /time Magazine | Title: Tehran's Health Patrol | 1/29/2009 | See Source »

...family-planning to revolutionary Tehran, an effort that has brought down the birthrate per female, from six children to two, with the full support of religious leaders. They at first urged Iranians to boost the ranks of the "soldiers of Islam" but then promoted contraception to stop the alarming growth in population. The lower birthrate is critical to a nation like Iran as its economy evolves. About 7,000 women went door-to-door in Tehran and talked to mothers about the benefits of smaller families, informed them of the different types of birth control and handed out condoms...

Author: /time Magazine | Title: Tehran's Health Patrol | 1/29/2009 | See Source »

...today's strike was noticed. Indeed, state sector employees were joined by an unusually high numbers of private sector workers. Many of the 376 staffers at Paris-based pan-European stock exchange Euronext, for example, struck to denounce job cuts announced despite the company's double-digit growth in 2008. "Before, the French were deeply shocked by the situation, but didn't want to add to it," Denis Muzet, director of the Médiascopie Institute which tracks public opinion, told Le Monde. "But now there's real anger. Banks have announced positive results for 2008 after the state extended...

Author: /time Magazine | Title: Massive Strike Closes France | 1/29/2009 | See Source »

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