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...facing a decision on one or two Chapter 11 filings or how the fall-out from these events would be managed. A year ago, no one expected the GDP to fall as fast as it is falling or that the economy would be losing 600,000 jobs a month...

Author: /time Magazine | Title: Fixing GM May Just Be Practice for the Next Bailout | 4/14/2009 | See Source »

...studies that paint a grim fate for the world's forests if warming isn't slowed. A major Science study published in January found widespread increase in tree mortality rates in the western U.S., thanks in part to regional warming trends and growing water scarcity. Another study published last month, also in Science, found that even the seemingly limitless Amazon rainforest could be highly vulnerable to drought. And since living trees suck up CO2 from the atmosphere, massive tree mortality due to warming could produce a feedback effect, further intensifying climate change. In the end, we might need a bigger...

Author: /time Magazine | Title: The Dire Fate of Forests in a Warmer World | 4/14/2009 | See Source »

...April. Departments that may need to initiate job cuts after the program’s end have been instructed to devise provisional lists of workers who might be laid off, and top FAS deans would make any final decisions on layoffs no earlier than the end of this month. “I’m sure once [FAS administrators] know how many people take the early retirement offer, they’ll know how much it’s costing them and how much they’re saving,” said professor and former Dean...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERSS | Title: Smith To Host Town Hall on FAS Finances | 4/14/2009 | See Source »

...Responsibility for changing that equation belongs to the new U.S. African Command (Africom), set up 18 months ago to help provide security to permit the rebuilding of shattered nations like Somalia. But don't look for quick action. "We do not have a military presence in Somalia," the command's chief, Army General William Ward, told Congress last month. In fact, the military is in no rush to head back to that lawless nation in the Horn of Africa. President Clinton's Pentagon was first bloodied there when 18 soldiers died in a 1993 firefight memorialized in Black Hawk Down...

Author: /time Magazine | Title: Washington Wrestles with the Pirate Problem — on Land | 4/14/2009 | See Source »

...also can't comfort Republicans that Obama's approval ratings remain high. The President was so popular during the first month of his Administration that the GOP didn't directly criticize him, saving their fire for the softer targets of Nancy Pelosi and Harry Reid. (See who's who in Obama's White House...

Author: /time Magazine | Title: The Floundering GOP Looks for a Turnaround | 4/14/2009 | See Source »

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