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...June 4 report from Fitch Ratings provides another glimmer of stability. The company's measure of credit-card late payments fell in May, after four straight months of record highs. The rate, though, was still 40% higher than a year before, and credit-card charge-offs which happen when a lender gives up on ever being repaid did continue to rise. Fitch analysts have anticipated that eventually one out of every ten dollars in credit-card debt will be written off this way, although the drop in delinquencies may indicate that people are getting a handle on their finances more...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...late afternoon, Obama was making the rounds of the Landstuhl Regional Medical Center, the central clearinghouse for the wounded and sick among America's overseas military. In an average month, between 600 and 800 new patients are admitted, landing on planes at nearby Ramstein Air Force Base. Since the initial U.S. invasion of Afghanistan in 2001, the hospital has treated 10,820 battle wounded. While Obama toured the grounds, the public-address system played a children's nursery chime. It signaled that a woman at the hospital had just given birth; soldiers say it happens all the time. (See pictures...

Author: /time Magazine | Title: Obama at Buchenwald: A Message to Those Who Forget, or Deny | 6/5/2009 | See Source »

...There was uncertainty about the condition of the doctors after they crossed over, having remained within the combat zone as late as May 15, according to some reports. Amnesty International said the three had last been seen on the morning of May 15 near Omanthai, where the screening of civilians and others escaping the combat zone was taking place, about 50 miles (80 km) south of the fighting. One of the doctors, Varatharajah, was injured during the latter stages of the fighting...

Author: /time Magazine | Title: Why Doctors from Sri Lanka's Combat Zone May Face Jail | 6/5/2009 | See Source »

...government, however, has maintained that the information relayed by the doctors was inherently unreliable. After the May 12 incident, the health ministry said Varatharajah had not communicated with the ministry since late last 2008. "We have always maintained that any voice from the [former] no-fire zone cannot be an independent voice. When somebody was talking from the small area under the Tigers, it was not an independent voice. There was a pistol pointed at the head when they are talking to BCC, CNN or al-Jazeera," Samarasinghe said, with his index finger firmly pointed at his temple...

Author: /time Magazine | Title: Why Doctors from Sri Lanka's Combat Zone May Face Jail | 6/5/2009 | See Source »

...first time since it began asking the question in 1995. It's possible that abortion has become less acceptable because of the remarkable advances in sonogram technology. We now can see, in perfect detail, the exquisite humanity that exists within the womb, especially in the later stages of pregnancy. Late-term abortions - no more than a few percent of the total performed in the U.S. - were Tiller's specialty. These are usually hard cases, sometimes the result of rape or incest or the discovery of severe birth defects. But they are, without question, the taking of a life...

Author: /time Magazine | Title: The Return of the Hot-Button Issues | 6/4/2009 | See Source »

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