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...However, economists and manufacturers are quick to caution that the good news could be short-lived if the Canadian dollar keeps climbing toward parity with the U.S. greenback. The loonie, named after the lake bird engraved on Canada's $1 coin, hit a high of 97 cents this week, its highest level in 12 months and a 24% increase from the low of 78 cents earlier this year...

Author: /time Magazine | Title: Northern Exposure: Could Canada's Recovery Stall? | 10/15/2009 | See Source »

...Trade is the big wild card. Canada is riding a wave of replenishment by U.S. automakers and manufacturers, whose inventories hit record lows earlier this year as a result of restructuring and a downward spiral in consumer spending. But it's unclear how long that can sustain a recovery north of the 49th parallel. "If the Canadian dollar stays where it is, the job numbers will go the other way [i.e., worsen]," says Jean-Michel Laurin, vice president of global business policy for Canadian Manufacturers & Exporters (CME), the country's largest trade and industry association...

Author: /time Magazine | Title: Northern Exposure: Could Canada's Recovery Stall? | 10/15/2009 | See Source »

...After a very strong start to the season, we’ve hit a few speed bumps,” co-captain Brian Grimm said. “This week gives us the chance to get going in the right direction...

Author: By B. marjorie Gullick, CONTRIBUTING WRITER | Title: Harvard To Face Tests Against Connecticut and Brown | 10/14/2009 | See Source »

...Moncure, N.C., where he was living, for several months before the police paid attention. Oddly enough, Nichols inadvertently outed himself, calling the cops about a fellow congregant - another offender - whom he witnessed fondling a 12-year-old girl. "I thought I was doing the right thing, and they hit me with charges," he says...

Author: /time Magazine | Title: Should Sex Offenders Be Barred from Church? | 10/14/2009 | See Source »

What sets the war-games snub apart from other recent disputes is that for the first time, military relations between the two countries have taken a hit. This is a result of the Turkish government's having increased its control over the country's powerful generals in a bitter - and ongoing - seven-year power struggle. "Until very recently, it was the upper echelons of the Turkish military who determined the scope and pace of the strategic relationship between Israel and Turkey," Ayturk says. "What we are witnessing is the chief of staff allowing, willy-nilly, Erdogan to take the initiative...

Author: /time Magazine | Title: Friends No More? Why Turkey and Israel Have Fallen Out | 10/14/2009 | See Source »

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