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...economic problems. Early in 2008, a weakening dollar was a factor in spiking prices of energy, commodities and food, which placed a disproportionate burden on the limited incomes of the poor. The dollar-dominated system has also allowed the U.S. to finance its budget and trade deficits at a low cost, which perpetuated the global imbalances that contributed to the current economic crisis. A system like the one proposed by Beijing, argues Deutsche Bank economist Jun Ma, would make it possible "for China and many other countries to avoid being victims of the systemic risks generated by domestic economic problems...

Author: /time Magazine | Title: Is the Almighty Dollar Doomed? | 4/6/2009 | See Source »

...America vary widely. That may be because some surveys consider people who have no home for a night to fall into the category, while others only consider those who live in a chronic state of being without their own shelter. The disparities of measurement yield numbers that are as low at 800,000 and as high as three million...

Author: /time Magazine | Title: When Joblessness Becomes Homelessness | 4/6/2009 | See Source »

...launched international jazz festival. It's against this homespun backdrop that the album Raw Jazz emerges, with a kind of indomitable energy that's entirely fitting for the place in which it was born. Introducing Singaporean vocalist Hanjin Tan, a producer and composer of Cantonese pop by day, this low-frills, high-moxie album is a collection of 11 jazz standards, each recorded in a single take along with the help of local jazz luminaries Skip Moy on guitar, Paul Candelaria on bass and Jason Cheng on piano...

Author: /time Magazine | Title: Dig It, Daddy-O! | 4/6/2009 | See Source »

...low-pressure surroundings, it seems, inspired many of the Crimson to bring their best. Sophomore Jessica Fronk and seniors Flavia Merrit and Shannon Flahive all took first in their events—winning the javelin, 100 meters, and long jump—while freshman pole vaulter Nico Weiler and sophomore hammer thrower Eric Clayman claimed the top spots for men’s events...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Individual Achievements Mark Weekend | 4/5/2009 | See Source »

...fact, it’s likely that international cooperation to extend humanity’s reach past Low Earth Orbit would help bring about peace here at home, especially given that the major space players would probably be our erstwhile enemies China and Russia. The International Space Station shows that international cooperation is possible, at least on a small scale. Rather than try to leapfrog so far past China that they’ll never catch us, we should instead co-opt them into our plans for planetary exploration and let them help cover costs. It?...

Author: By Adam R. Gold | Title: Making a NASA Themselves | 4/5/2009 | See Source »

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