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...drove commodity prices sky high until last year's bust - the timing is now right. "These [Chinese] companies know this slump, while deep, will not last forever," says Xu Minle, a Shanghai-based analyst at logistics company BOC International. "China is now making strategic investments overseas at a comparatively lower cost...

Author: /time Magazine | Title: China Buys Australia On the Cheap | 2/17/2009 | See Source »

...Some analysts believe Chinalco paid a premium for the Rio assets, given how much prices have slumped. But BOC International's Xu notes, "that the price is much, much lower for the assets - particularly iron ore and copper - than it would have been just six months ago. This seems like a pretty good deal for Chinalco...

Author: /time Magazine | Title: China Buys Australia On the Cheap | 2/17/2009 | See Source »

...Housing and Urban Development, low-income families spend some 17% of their income on utilities - a far bigger proportion than spent by the better off. "In this economy there are few levers you can pull for people," says Biberman. "You can't do jobs, and you can't lower rents much more. But utility savings are something - it's a chunk of change that...

Author: /time Magazine | Title: Building Green Houses for the Poor | 2/17/2009 | See Source »

...That's one of the reasons why the Obama Administration has been pushing hard to include funds for green building and for weatherizing existing homes as part of its economic stimulus package. Wherever the funding comes from ultimately, there's little doubt that lower-income developments will continue to go greener, which will do more good for residents, and for the planet. "This is going to make a real tangible difference," says Jennifer Henry, the real estate sector manager for the Natural Resource Defense Council's Center for Market Innovation...

Author: /time Magazine | Title: Building Green Houses for the Poor | 2/17/2009 | See Source »

Soldiers already on the ground should also not be ignored. The repercussions of doing so resound beyond the individual—not only are suicides a tragic and often preventable phenomenon in themselves, but they also lower the morale of troops and the nation as a whole. As we fight two wars, in Iraq and Afghanistan, the need for high morale is clear. President Obama as commander-in-chief should work to implement higher-quality mental services into hospitals on the ground. The first place these services toward which these services should be directed is Afghanistan, since President Obama...

Author: By Anthony J. Bonilla | Title: A Sickness in the System | 2/16/2009 | See Source »

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