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Economists and international financial experts are left to answer an extremely difficult question. Does it matter if other large nations employ similar tactics to the U.S. in reviving their economies? Or, is a coordination of efforts not important to the pace of a global recovery. If Germany refuses to make...

Author: /time Magazine | Title: Why Europe's Criticism of the Stimulus Got Out of Hand | 3/26/2009 | See Source »

A couple of hours up the road, in a non-descript industrial estate, Pi Research develops software to run wind-tunnel tests, and collects and scrutinizes the findings for Renault and a handful of other teams. Program manager John Frankham says the new limits on testing are "not necessarily bad...

Author: /time Magazine | Title: Formula One: Behind the Wheels | 3/25/2009 | See Source »

“There are a lot of budget managers who seem to be doing a great job of putting people in programs first, and really cutting in non-personnel areas as much as possible,” Jaeger said. “But it’s still really...

Author: By Sarah J. Howland and Peter F. Zhu, CRIMSON STAFF WRITERSS | Title: City Council Calls on Harvard To Keep Low-Wage Workers | 3/25/2009 | See Source »

These lessons will be particularly important as Obama this week tries to persuade skeptics in Congress to pass his $3.6 trillion budget and, as Geithner warned, the Administration is forced to go back to ask Congress for upwards of $750 billion to fund the bank-bailout plan. "We recognize it...

Author: /time Magazine | Title: Five Lessons from the AIG Bonus Blowup | 3/25/2009 | See Source »

There's popular pressure for punishing people responsible for this mess. How important do you think it is to restore accountability? What I find really interesting about the public response is that the values that people hold to be important - like working hard and taking responsibility - are the values that...

Author: /time Magazine | Title: Gordon Brown: 'Sometimes a Crisis Forces Change' | 3/25/2009 | See Source »

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