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...suspects. After Nevada (55.1%) and Michigan (40%), Arizona (31.8%), Florida (30.3%) and California (29.5%) round out the top five. Those statewide averages, though, mask a lot of local variation. One pattern: exurbs, where homes are newer and loans more likely to have been signed during the bubble years, are harder hit. For instance, in the metro area that includes Los Angeles, 23% of homeowners are faced with negative equity. Fifty miles to the east, in the area that includes Riverside, 45% are. (Read "House of Cards: The Faces Behind Foreclosures...

Author: /time Magazine | Title: Nearly 1 in 5 Owe More Than Homes Are Worth | 3/4/2009 | See Source »

...employment. With upcoming layoffs at Harvard Medical School totaling about 40 percent of the custodial staff, cuts will nearly double the amount of work for already overextended employees. Such overwhelming personnel cuts like those slated for the medical school campus are unacceptable and are disproportionally making custodians feel a harder pinch than the tightening of the belt that all parts of the university are facing...

Author: By Alyssa M Aguilera | Title: Save Harvard Jobs | 3/4/2009 | See Source »

...lack of government statistics: The most recent figures from the "Medicial Certification of Cause of Death" (MCCD), India's national death registry, are from 2001, and only cover "participating urban hospitals." For rural areas, death certificates are even harder to come by. Officials must rely on the "Survey of Causes of Death" (SCD), a "verbal autopsy survey of a sample of villages across rural India." One study conducted in a rural Tamil Nadu district tracked 39,000 deaths - 16% of which were suicides committed by women using fire...

Author: /time Magazine | Title: Why Indian Fires Are Deadlier for Women | 3/4/2009 | See Source »

...those in five foreign institutions, for two years. The Irish guarantee was heralded in some quarters as a model solution for restoring confidence, with several E.U. states following suit. But five months down the line, and with Ireland's public purse tightening, the government's promise is looking harder to keep and a run on the banks ever more likely. According to Ray Kinsella, an expert in financial institutions based at University College Dublin, a run on Irish lenders might still happen if the banking crisis continues. "Unless we get a handle on this, then all bets are off. That...

Author: /time Magazine | Title: As Ireland Melts Down, Voter Anger Rises | 3/4/2009 | See Source »

...identity of its authors, but about the failure to afford the visiting cricket team sufficient protection. Foreign teams, including Australia, England and India, have all refused to play in Pakistan in recent years because of security fears. But Pakistani authorities have insisted that security is fine. It will be harder to do that now. "The happiness and joy that cricket brought to our country has been destroyed by the violence we saw today," says Ali Shujaat, owner of the Lahore Cricket Academy. "We have got infrastructure worth millions of dollars, and we now see no future for professional cricket...

Author: /time Magazine | Title: Attack on Sri Lankan Cricket Team: Echoes of Mumbai? | 3/3/2009 | See Source »

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