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...foreign markets." Policy changes are needed on both sides of the Mediterranean. In North Africa, governments have kept prices low, fearing the political consequences of expensive food. And in Europe, the E.U.'s entrenched system of farm subsidies lets farmers sell their products on the domestic market at lower prices than foreign competitors. Despite his free-trade rhetoric, Sarkozy is not expected to curtail these handouts, which benefit French farmers most...

Author: /time Magazine | Title: Mediterranean Crossing | 7/2/2008 | See Source »

...challenge is a familiar one to universities throughout Europe. Low investment means institutions across the European Union pocket an average of $16,000 a year less per student than their U.S. rivals, according to a 2006 report by the European Commission. Lower revenues mean lower spending, and the result is bleakly evident in rankings of the world's best universities. In the highly regarded table published annually by China's Shanghai Jiao Tong University, European institutions fill just four of the top 25 places; wealthy North American institutions account for almost all the rest...

Author: /time Magazine | Title: Britain's Universities: Funding Excellence | 7/2/2008 | See Source »

...website for the Lower Manhattan Development Corp., the government agency created after 9/11 to help redevelop Ground Zero and environs, and the first thing you'll see is a slogan that probably sounds a lot more defensive than intended: There Is a Plan for Lower Manhattan...

Author: /time Magazine | Title: The Mess at Ground Zero | 7/1/2008 | See Source »

...Lower Manhattan risks becoming a metaphor for America's sluggish response to our economic challenges. The nation's levees are failing. So are its sewage systems, which the environmental group American Rivers estimates will need about $390 billion worth of upgrades in the next 20 years. A recent U.S. Chamber of Commerce report reveals a litany of other problems: an overloaded rail infrastructure that needs new tracks, signals systems, tunnels and bridges. Ports that need dredging, canal locks that need replacing. While China is spending nearly 9% of its GDP - a massive investment - on infrastructure, Americans lose $9 billion...

Author: /time Magazine | Title: The Mess at Ground Zero | 7/1/2008 | See Source »

American and Iraqi efforts over the past two months have already removed sewage from Jamila market and improved electricity in the lower fifth of the city through the opening of a power sub-station, Cheadle says. The U.S. military has also provided compensation for home damage to 112 Sadr City families who filed claims - totalling...

Author: /time Magazine | Title: Rehabilitating Sadr City | 6/30/2008 | See Source »

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