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...will buy goods produced in Japan and other hard-hit manufacturing/exporting countries. This is why it is so important not to delay projects like DESERTEC and the Sahara Forest Project. Such projects have the capacity to provide the power, fresh water and food essential to allow developing economies to move from subsistence living. That they help Europe with green power, absorb CO2 by "greening" deserts and mitigate rising sea levels, is a bonus not to be ignored. They also generate jobs both in the recipient countries and in the developed countries who will build most of the heavy and sophisticated...

Author: /time Magazine | Title: The Self-Purifying Trend | 2/25/2009 | See Source »

...Which is why Florida's plundering of its affordable-housing reserves looks so ill-advised to many observers. The move could nix some 50 low-income projects slated to be built on the peninsula this year. And it seems particularly unwise when you consider that construction is one of the state's most crucial industries but is suffering the highest unemployment of any sector...

Author: /time Magazine | Title: Despite the Crash in Prices, Affordable Housing Still Lacking | 2/25/2009 | See Source »

...revive the economy and salve the planet. There seems to be some confusion about how to proceed on health care. In his speech, the President promised a national health plan within the year. But in a prespeech briefing, a senior Administration official was less sanguine: "Health care will move forward based on our ability to get consensus. It's not as easy as getting 61 votes on the stimulus bill. It's too big and too complicated to move quickly...

Author: /time Magazine | Title: Obama's Speech: A Tonal Masterpiece | 2/25/2009 | See Source »

...fall of the Berlin Wall, has undergone rapid changes in the past few years. Right after the wall came down, there was an abundance of cheap living space, especially in the East, where dozens of abandoned apartments - and even entire apartment buildings - were just waiting for squatters to move in. Today most of the squats have been renovated and transformed into legal, more upscale housing. (See pictures of the Berlin Wall...

Author: /time Magazine | Title: In Berlin, a Gentrifying Neighborhood Under Siege | 2/25/2009 | See Source »

...political allies of the President, including lawmakers, army officers, the government's spy chief and even Uribe's cousin, who was forced to resign from the Senate. (The spy chief and Uribe's cousin were both charged with conspiring with the paramilitaries.) In what was widely interpreted as a move to halt the embarrassing revelations, Uribe in one fell swoop dispatched 14 top paramilitary chieftains to the U.S. last year on drug charges...

Author: /time Magazine | Title: Colombia's Drug Extraditions: Are They Worth It? | 2/24/2009 | See Source »

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