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...countries in Africa racked up gdp growth of 5.5% last year, and it's projected to hit 6.2% in 2007 - the continent's fastest growth since the '70s. This resurgence has been powered by soaring demand for Africa's abundant natural resources, which has also boosted its strategic importance to trade partners as far afield as the U.S., India and China. Li Ruogu, head of the Export-Import Bank of China and co-chair of the forum, said his bank has invested in over 300 projects in Africa, from low-cost housing to schools to mining ventures...

Author: /time Magazine | Title: Where Investors Fear to Tread | 6/28/2007 | See Source »

...same calculation that millions of American consumers are making since the recent recalls of deadly pet food, lead-paint-tainted toy trains and shredding tires made in China. The U.S. imported 40% of its consumer goods from China last year. But there is no practical way to gauge, other than by reputation, whether a Chinese import is as safe as it is cheap. So should you worry more about the extension cords or the TV? Screen the kids' toys but not their shoes? Until China's capitalism develops its own set of rules and limits, is that our only option...

Author: /time Magazine | Title: The Growing Dangers of China Trade | 6/28/2007 | See Source »

Sure, it would be great if the FDA could stamp every import with its seal of approval the way the Department of Agriculture does: meat, poultry and eggs can't be imported without meeting its standards. But David Acheson, who was appointed the FDA's assistant commissioner for food protection after the recall of tainted pet food in March, says that kind of monitoring for 16 million shipments of everything from cough syrup to toothpaste would be "too complex and cumbersome...

Author: /time Magazine | Title: The Growing Dangers of China Trade | 6/28/2007 | See Source »

...Bush Administration was indifferent to the slaughter in Chechnya, and after 9/11 it even tacitly accepted Putin's claim that in crushing the Chechens, he was serving as a volunteer in Bush's global "war on terror." The killing of journalist Politkovskaya and Putin's dismissal of its import similarly failed to temper the affectations of personal camaraderie between the leaders in the White House and the Kremlin. For that matter, neither has the general antidemocratic regression in Russia's political life...

Author: /time Magazine | Title: How to Avoid a New Cold War | 6/7/2007 | See Source »

Here’s one entirely imaginable dystopic future that Harvard could build, all too easily, by laying down entirely rational paving stones one-by-one. First, we identify ambitious, important scientific programs, especially in the biosciences, that will not fit into the available land in Cambridge but that could be prosecuted collaboratively by the Faculty of Arts and Sciences (FAS) and the Harvard Medical School (HMS). Second, we move the Harvard School of Education and the School of Public Health to Allston to form a linked cluster with the Harvard Business School. Third, to provide some...

Author: By Peter L. Galison | Title: Allston Dreams | 6/7/2007 | See Source »

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