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...business, academia and other research organizations. But people who sat in on the panel - which was not open to the general public - said that researchers and lawmakers discussed why and how to improve U.S. research and development, as well as the link between innovation and prosperity. Attendees included high-level representatives of Intel, Merck, the American Chemical Society, the Association of American Universities and the National Academy of Engineering...

Author: /time Magazine | Title: Democrats Vow to Push a Science Agenda | 12/16/2008 | See Source »

...Canada's central bank also slashed its overnight rate three quarters of a percentage point, to 1.5%, the lowest level since 1958 when John Diefenbaker was prime minister. The move is intended, in part, to prop up sinking consumer confidence and provide some much-need relief for key sectors such as forestry, mining and oil that have been particularly hard hit in recent months by a commodity bust. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Canada Faces Recession — and a Political Crisis Too | 12/15/2008 | See Source »

...bank is prepared to cut rates (which remain half a percentage point above the U.S. level) further in January 2009. But will lowering interest rates put Canada on track for recovery...

Author: /time Magazine | Title: Canada Faces Recession — and a Political Crisis Too | 12/15/2008 | See Source »

...civilians and stoked a raging anti-American backlash. In addition, extending the fight against the Islamists to the pirates may make friends of two of the most dangerous groups in Somalia, who until now have been enemies. U.S. Defense Secretary Robert Gates underlined those concerns in Bahrain. "With the level of information we have at the moment, we're not in a position to do that kind of land-based operation," he said, adding any such intervention would need to "minimize collateral damage...

Author: /time Magazine | Title: Analysis: To Beat Somalia's Pirates, Fix Their Country | 12/15/2008 | See Source »

...Biddle recently returned from a trip to Afghanistan at the invitation of Army General David McKiernan, the top U.S. commander. Biddle estimates that Afghanistan will need about 500,000 soldiers and police of its own to keep the peace, but U.S. plans call for a force level of about 215,000 (there are roughly 160,000 now). And although the international community will pay for the Afghan security forces while war continues, it won't do so afterward, he says...

Author: /time Magazine | Title: Why the US Will Scale Down Its Goals in Afghanistan | 12/14/2008 | See Source »

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