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...countries with strong welfare programs. Finland, for example, saw suicide rates drop steadily between 1990 and 1993 despite a 13% rise in unemployment. Sweden saw a drop in suicides during a recession in 1992. "What we found was that when spending on active labor-market programs exceeded $190 per head per year, rises in unemployment had no adverse effect on suicide rates," Coutts explains. "When you think that governments are spending hundreds of times that much to bail out banks, it would seem to a prudent investment." (Read: "In Hard Times, Olympic Plans Go on a Budget...

Author: /time Magazine | Title: Could the Recession Be Good for Your Health? | 8/31/2009 | See Source »

...stem the country's rising dependence on foreign oil and clear its polluted air. At the same time, Chinese battery companies like Lishen and Shenzhen-based BYD are looking to leverage their technology and leap into electric cars. Foreign automakers may have a century-long head start on conventional cars, but Chinese companies can compete on new electric technology today - on cost and on performance. "When it comes to electric and hybrid cars, China is challenging the automotive industries in the Western industrial countries," writes Wolfgang Bernhart, a consultant with Roland Berger who estimates that electrics and plug-ins could...

Author: /time Magazine | Title: Electric Cars: China's Power Play | 8/31/2009 | See Source »

...Obama's recent events, in New Hampshire and Arizona, have arrived carrying guns, including a Phoenix man toting a pistol and an AR-15 assault rifle. Carrying visible weapons is legal in both states, and the protesters were not in the high-security zone around the President. But the head of the Brady Campaign to Prevent Gun Violence called the incidents "craziness," especially amid the combustible debate over health-care reform...

Author: /time Magazine | Title: The World | 8/31/2009 | See Source »

...presidential election, the Obama Administration has arrived at the same conclusion that Bush did: nation-building is essential to defeating extremism in Afghanistan. U.S. security goals in the region cannot be achieved purely by military means; in order for American and NATO troops to someday be able to head home, Afghanistan needs good governance and modern institutions...

Author: /time Magazine | Title: The Moment | 8/31/2009 | See Source »

...took less than two hours to confirm a change that has been brewing for half a century. The polls for Japan's general election closed at 8 p.m. nationwide, and by 9:40 p.m. Yukio Hatoyama - head of the Democratic Party of Japan (DPJ) and soon to be the nation's new Prime Minister - reacted to his party's landslide victory with characteristic reserve and calm. "It is important that we not be too proud and try hard to make this victory a victory for the public...

Author: /time Magazine | Title: Japan's Election: Opposition Wins Historic Victory | 8/30/2009 | See Source »

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