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...problems, new ones are appearing as well. Fears continue to mount that the loose monetary policies put in place by central banks worldwide are creating potentially destabilizing increases in property and stock prices. "Asset bubbles could be the next fragility as the world recovers, threatening again to destroy livelihoods and trap millions more in poverty," World Bank President Robert Zoellick recently wrote in the Financial Times. Property-market analyst Nicole Wong at brokerage CLSA argues that Hong Kong may inevitably be heading for "another boom and bust" in its real estate sector, due to a combination of tight supply...
Davidowitz speculates that the frugal tone will pressure retailers to discount earlier and possibly deeper than originally planned over the next few weeks. "I think many of them will reassess their numbers and determine that more promotions are in order," says Davidowitz. "That will be particularly true in department stores," where women's apparel has been weak, he says...
...still a long way from understanding exactly how sleep affects memory, they are certain that getting too little sleep is a detriment. A 2007 paper in Nature Neuroscience reported that in addition to consolidating recently learned memories, "sleep before learning is equally important in preparing the brain for next-day memory formation." The study found that people who had skipped a night's sleep fared worse at making new memories the next day, compared with those who had gotten a good night's sleep. Turns out, Mom's advice may have been right all along...
...other children in the study will be followed by researchers for several years. In addition, Rogers and Dawson have begun an expanded version of the study involving 120 toddlers at the three sites. It's one of a number of trials involving very young children that should over the next few years bring greater clarity to autism treatment...
...major tourist attractions in question, the Guatemalan government has announced an ambitious multi-part plan to cut sources of phosphorous. It calls for the construction of 15 sewage-treatment plants, a government-led conversion to organic farming for 80% of farmers in the lake's watershed during the next three years, and for educating residents and tourists about the environment. The cost: about $350 million, a huge expenditure for an impoverished country. "The problem has been accumulating for years but Guatemala has other expensive problems and, apparently, this was not a priority," says Margaret Dix, a Universidad Del Valle scientist...