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...provide fuel for automobiles, the metal to build them and the country seems to be ready to shop for car companies. According to Reuters, the chief of China's large Chongqing Changan Auto Co. is prepared to take a vulture-fund approach to buying assets. He said, "The longer the crisis lasts, the bigger the chance of failure or a scale-down of some American and European automakers." It is a brutal but honest assessment of the industry, and a clear and public sign that China believe that "money talks...

Author: /time Magazine | Title: China Takes On the Global Car Business | 4/20/2009 | See Source »

...extra money is just part of the story. Along with the new resources come, at least in theory, important changes in the way the IMF functions. In the future, European countries will no longer have an automatic right to pick its managing director, as they do at present. And through a reform of its arcane shareholding or "quota" system, the domination of policy by the U.S. and other developed economies will give way to a more balanced system of governance, under which developing countries such as Brazil, China and Russia will have a greater say. The IMF's focus...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...recent changes in the Faculty of Arts and Sciences Information Technology Department’s scheduling policies, students looking for help with computer troubleshooting on Saturdays and Sundays are no longer able to take advantage of the Science Center’s computer clinic. Yet according to Noah S. Selsby ’94, a spokesperson for FAS IT, the cuts in weekend hours resulted not from FAS’s economic woes, but rather from the results of a statistical evaluation of the Clinic’s weekend traffic, which indicated an average of only three client-calls...

Author: By Edward-michael Dussom, CRIMSON STAFF WRITER | Title: FAS IT Cuts Hours, But Not For Budgets | 4/20/2009 | See Source »

...prisoner is waterboarded repeatedly, as Zubaydah and Mohammed were, it's tempting to believe that the effect would lessen over time; that the victim would no longer fear drowning, knowing that his interrogator would stop the process in time. But waterboarding can be so intense-and the fear of drowning so primal-that each time would be a fresh trauma. Worse, being waterboarded repeatedly raises the possibility that something could go wrong and the detainee could, in fact, drown. (Read "Torture Memos Released...

Author: /time Magazine | Title: Waterboarding: A Mental and Physical Trauma | 4/20/2009 | See Source »

...which the detainee was strapped to an inclined bench, a cloth placed over his nose and mouth, and water poured over the cloth - to induce a sense of drowning. In each "session," there could be no more than six applications of water to the cloth lasting 10 seconds or longer. No session was to exceed 40 seconds. (See pictures of the aftermath of Abu Ghraib revelations...

Author: /time Magazine | Title: How Waterboarding Got Out of Control | 4/20/2009 | See Source »

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