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...growth figure for the fourth quarter, economists noted. "When the results were announced this morning during the meeting we were holding for the occasion, the hundreds of gathered guests all howled in derision and embarrassment at the figures they heard," says David Buik, a market analyst at the London brokerage firm BGC Partners. "It wasn't antipatriotic but rather the expression of enormous frustration at seeing so much money and effort made to stimulate economic and industrial activity for such meager returns." (See pictures of the economic crisis in London...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

...public jobs, reduced aid payments and less disposable income in consumers' pockets. Businesses will only start reinvesting money on production and jobs when they're sure demand has returned - and that isn't likely before we see government undertake cost-cutting we know is inevitable." (Read a piece on London as part of TIME's Davos coverage...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

...that's the case, then Europeans have an entire year to wait before macroeconomic improvements spill over into the microcosms of their lives. It would also explain why Tuesday's news out of London failed to generate cheers of hope elsewhere in Europe...

Author: /time Magazine | Title: Britain's Out of Recession: So Why No Cheers? | 1/26/2010 | See Source »

...deaths. In fact, some developing countries, particularly in West Africa, are reporting lower rates of infection than in the developed world. "Based on the current H1N1 strain, there are higher health priorities in the developing world," says Sandra Mounier-Jack of the Communicable Diseases Policy Group at the London School of Hygiene and Tropical Medicine, citing illnesses such as HIV, tuberculosis and malaria...

Author: /time Magazine | Title: Was the Threat of H1N1 Flu Exaggerated? | 1/26/2010 | See Source »

...last major successful attack laid at the doorstep of al-Qaeda occurred nearly five years ago - the 2005 bombings on London's mass-transit system. But even in that instance, no one is certain that al-Qaeda was behind it. All we know is that the plot was somehow hatched in Pakistan, but the identity of the mastermind remains a matter of conjecture. Al-Qaeda certainly never provided proof that it had either foreknowledge or control of the attack...

Author: /time Magazine | Title: Why bin Laden Isn't Worth Worrying About | 1/26/2010 | See Source »

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