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...That realization is dawning around the world. Frankfurt's DAX opened 5.3% down Friday, while Paris's CAC 40 was 4.8% lower at the opening bell. In London, where officials are expected today to confirm that the UK economy has entered recession for the first time in 16 years, the FSTE 100 opened 5% lower...
...complicated, as well. The Organization of Petroleum Exporting Countries (OPEC) announced Friday that it is cutting output by 1.5 million barrels a day in an attempt to halt the slide in oil prices. The price of oil has dropped from $147 a barrel in July, to just $64 Friday. Lower oil prices have been one of the few positive changes in the financial and economic tempest...
...over the past 2 1/2 decades, recessions have had only minor effects on divorce rates, which have been slowly waning since the early '80s after 20 years of steadily rising. Those trajectories have been influenced more by the rise of the women's movement and women's earning power, lower fertility and changes in divorce laws than by dour Dows. The only recorded spike in divorces in the past 75 years came right after World...
...risks of sharing one’s genome sequence are significantly lower than they were last spring, when the PGP-10 agreed to embark on this project. In May, Congress passed the first piece of legislation to protect against discrimination based on an individual’s genetic information for health insurance and employment opportunities...
...year, many Americans aspire to do so. Thus, most are not excited to be burdened with extra taxes when they get there. Furthermore, McCain argued, if small businesses have their taxes increased, then those who work for small businesses or consume small businesses products are affected by lower wages and higher prices. This line of reasoning was conveyed effectively by McCain’s Joe the Plumber reference, as well as Joe Wurzelbacher’s YouTube clip and subsequent televisions appearances. Beyond these two debate points, Obama handled McCain’s barbs decently. He deftly brushed aside...