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...Aviation Minister Praful Patel said he told Goyal that "the ministry would certainly not be very happy with the approach of Jet Airways." Something similar happened in France last month when the French oil company Total announced the closure of two refineries, with the loss of 550 jobs. The move provoked a furious public outcry including denunciations from two government ministers, and the firm quickly backtracked, saying it had been a "communication error." For companies receiving government bailout money, the pressure is even more intense: French President Nicolas Sarkozy has told Renault and Peugeot that the price for receiving subsidies...

Author: /time Magazine | Title: Can These Jobs Be Saved? | 4/2/2009 | See Source »

Michelle Obama warned us during the campaign, "[Barack] is going to demand that you shed your cynicism, that you put down your divisions, that you come out of your isolation, that you move out of your comfort zones, that you push yourselves to be better." The President reinforced this in his Inaugural Address when he urged Americans to set aside childish things and choose hope over fear. (See pictures of how Obama prepared his Inauguration speech...

Author: /time Magazine | Title: How Obama Is Using the Science of Change | 4/2/2009 | See Source »

Antismoking advocates tout this month's record increase in the federal cigarette-tax rate, which on April 1 spiked from 39˘ to $1.01 per pack, as a move that will bolster the federal budget while saving an estimated 900,000 lives. Supporters say the measure will stop 2 million kids from lighting up and spur about 1 million adults to quit, but the sharp hike has some smokers fuming. Cigarette taxes, detractors argue, are a way for governments to line their coffers by legislating personal choice--and a prime example of a regressive "sin tax," the term often used...

Author: /time Magazine | Title: A Brief History Of: Sin Taxes | 4/2/2009 | See Source »

...Western Europe, since federal and state gas taxes in the U.S. are inefficiently low. Now that oil prices around the world have fallen, it would be the best time to gradually start raising gasoline taxes, which would limit gas consumption, pollution, and congestion as well as motivate people to move closer to work or to demand more public transportation. Unlike regulations or rations, higher taxes would not take away personal freedoms, but they would bring in revenues that could be used to pay down debt and alleviate far-reaching concerns over the U.S. economy...

Author: By Jan Zilinsky | Title: Change We Are Not Asked For | 4/2/2009 | See Source »

...decencies. But then Ezekiel said, “I won’t take somebody’s seat.”Doubt bloomed in my chest. Like a big swallow of cordial.“I ain’t goin’ to make somebody move. Am I?”“No,” I could barely say. “Of course not.” He couldn’t really be considering it. Could he?“I would only do it this one time...

Author: By Nathan D. Johnson, CONTRIBUTING WRITER | Title: FEATURED FICTION | 4/2/2009 | See Source »

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