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...Some stock traders also blamed Black Monday - Oct. 19, 1987 - on the fact that three Fridays fell on the 13th that year. The Stress Management Center and Phobia Institute estimates that $700-$800 million dollars are lost every Friday the 13th because of people's refusal to travel, purchase major items or conduct business...

Author: /time Magazine | Title: Friday the 13th | 2/13/2009 | See Source »

...hadn't been happy that the White House had moved to take away some of the Commerce Department's traditional control of the Census after Democratic activists voiced concerns about a Republican overseeing the politically charged process. "The Census was only a slight catalyzing issue. It was not a major issue," he said...

Author: /time Magazine | Title: After Gregg Jilts Obama, Washington Counts Score | 2/13/2009 | See Source »

Moving at lightning speed and, even more unexpectedly, ahead of their President's Day deadline, House and Senate negotiators agreed on the details of a $789 billion stimulus package barely 30 hours after the Senate passed its version. In the process, they handed President Barack Obama his first major legislative victory, though the deliberations that led up to its passage highlighted the enormous challenges Obama will face in more complicated endeavors like health-care, entitlement and energy reform...

Author: /time Magazine | Title: Stimulus Deal Shows Reach — and Limits — of Obama's Power | 2/12/2009 | See Source »

...find this an incredibly encouraging place to be right now," says Nigel Haywood, Britain's consul general in Basra. The transformation from battleground to bustling municipality has been so rapid that it's natural to question whether a return to violence might not be as swift. Major General Andy Salmon, the commander of the multinational forces in the region, believes that widespread optimism - among Basrawis as well as their soon-to-depart overlords - is justified and itself a force for change. His mission, he says, has been "to protect that optimism, shape it and build it. I am confident Basra...

Author: /time Magazine | Title: As Britain Leaves, Basra Dares to Dream of Peace | 2/12/2009 | See Source »

Tackling these problems is essential if the economy is to continue to grow and provide jobs. Unemployment currently stands at 17% and reaches 30% among younger Basrawis. Major General Salmon says the provision of jobs and services is key to stability. "The only people who listened were [the militias]," he says. "That's why Hizballah did well elsewhere. They promise to tend to the needs of the people...

Author: /time Magazine | Title: As Britain Leaves, Basra Dares to Dream of Peace | 2/12/2009 | See Source »

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