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...Wall Street Journal has raised the issue of whether the Chinese consumer can replace the U.S. consumer as the most important engine of the global economy. The answer is "not yet", but if consumer spending keeps dropping in America and the appetite for consumer goods among the Chinese middle class keep growing, that picture could change...

Author: /time Magazine | Title: The Argument Over China's Economic Prospects Intensifies | 5/12/2009 | See Source »

...research suggests that the WHO acted wisely in raising the pandemic alarm - and that the threat of H1N1 may not have passed. In a study released May 11 in the journal Science, researchers from Imperial College London, along with WHO staff and Mexican scientists, conclude that H1N1 is transmitted considerably easier than the regular seasonal flu and is about as deadly as the 1957 Asian flu, which killed about 2 million people worldwide. A World Bank study last year found that a pandemic of similar severity today might kill 14.2 million people around the world, and cut 2% from...

Author: /time Magazine | Title: Judging the WHO's Reaction to the H1N1 Flu Threat | 5/11/2009 | See Source »

...epidemiologists begin to crunch the data on H1N1, we should have a better idea of how it spreads - and how dangerous it might be. New studies published recently in the New England Journal of Medicine indicate that older people in the U.S. also appear to have escaped the virus - just 5% of U.S. patients with confirmed cases of H1N1 are 51 or older. Still, since health officials have so far focused mostly on outbreaks in schools, it's possible they are simply missing older cases. "This is an evolving outbreak and we're still learning how this virus works," said...

Author: /time Magazine | Title: Judging the WHO's Reaction to the H1N1 Flu Threat | 5/11/2009 | See Source »

...Journal Subscriptions

Author: NO WRITER ATTRIBUTED | Title: List of FAS Budget Measures, May 11 | 5/11/2009 | See Source »

...request, he'll be accused of covering up war crimes by the Bush Administration. If he allows the photographs to be released, he'll be "needlessly endangering the lives of our brave troops," as David Rehbein, national commander of the American Legion, put it in Friday's Wall Street Journal. Pentagon officials expect Obama will allow the pictures' release. According to the deal struck between the Pentagon and the ACLU, that should happen by May 28, just in time for Memorial...

Author: /time Magazine | Title: The Next Detainee Photo Scandal: Get Ready for Abu Ghraib, Act II | 5/11/2009 | See Source »

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