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...much against the dollar, emerging nations continue to buy increasingly large amounts of U.S. debt. This provides the U.S. with an indirect funding source to prop up its banks and brokerages, but it's a compromised solution. After all, the willingness of central banks to lend almost without limit to America helped create this mess. Cheap money from abroad suppressed U.S. long-term interest rates, helping to set the stage for the housing bubble and its catastrophic collapse. Continuing such inappropriate monetary and exchange-rate policies feeds more asset bubbles in emerging economies as well as global inflation...

Author: /time Magazine | Title: Investing: That Sinking Feeling | 7/17/2008 | See Source »

...Public Interest and adapted from guidelines by the National Alliance for Nutrition and Activity, a coalition of more than 275 American nutritional and health organizations, including many state health departments. While acknowledging that not all foods marketed to children can be nutritionally perfect, the guidelines establish acceptable limits for fat, sugar and sodium content. Foods were determined to be of poor nutritional quality if more than 35% of total calories came from fat, or if they contained more than 35% added sugars by weight. The sodium content cut-off for full meals was 770 mg; for pizza, sandwiches and main...

Author: /time Magazine | Title: The Trouble with 'Healthy' Kid Foods | 7/16/2008 | See Source »

...recent poll found that 49.7% of Flemish people are in favor of splitting Belgium in two. And many Flemish have become more openly hostile toward French speakers. On the linguistic border, the Flemish towns of Zaventem and Vilvoorde limit social housing to Dutch speakers, while in nearby Overijse, citizens are encouraged to denounce shopkeepers who advertise in languages other than Dutch...

Author: /time Magazine | Title: Mission Impossible: Leading Belgium | 7/16/2008 | See Source »

...Bush created the Papahanaumokuakea Marine National Monument, a 140,000 sq. mi. protected area northwest of Hawaii. Larger than every other national park in the U.S. combined, the monument protects 10% of the shallow coral reef habitat in U.S. territory. These kind of reserves need to be expanded, to limit the influence of human activity on delicate corals...

Author: /time Magazine | Title: Coral Reefs Face Extinction | 7/11/2008 | See Source »

...have water, water, everywhere, but much of South Florida's per capita use is 50% above the national average, and we've lost half the wetlands that used to recharge our aquifers. So water shortages threaten to limit growth in a way that wetlands regulations or bad headlines never could. "Florida is astonishingly wasteful," says Cynthia Barnett, author of Mirage: Florida and the Vanishing Water of the Eastern U.S. Now the Orlando area is pushing to suck water out of rivers to its north, local utilities are jacking up water rates as much as 35%, and South Florida's water...

Author: /time Magazine | Title: Is Florida the Sunset State? | 7/10/2008 | See Source »

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