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...world is in the grips of a perilous market crunch, the boom is over, and tough times loom. The U.K.'s FTSE-100 stock index has nose-dived and is down about 35% in the past year. Two famous British banks have already imploded--Northern Rock and Bradford & Bingley. And after a dramatic plunge in the stock price of other banks, on Oct. 8 the British government announced an emergency $88 billion recapitalization package that includes partially nationalizing three other banks: Royal Bank of Scotland, HBOS and Lloyds TSB. The City has been through enough slumps to know what...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...cell and raped repeatedly. “Five or six soldiers would come every day. Some insisted on not wearing condoms,” Kang said. “Once when I protested, he hit me hard on my head and broke my finger. From that day on my nose bleeds all the time. Whenever someone got sick or died they would just drag the girl out like a dog.” Kang was most emotional when talking about her homeland, which she said she did not see again until 2000. “Maybe it was because...

Author: By Carola A. Cintron-arroyo, CONTRIBUTING WRITER | Title: Former Sex Slave Speaks Out | 10/17/2008 | See Source »

...exterior slips easily against surfaces so the Hibermate stays put if you toss and turn. The snug fit was a little too much for this bear, since my eyelids flit and flutter as I fall asleep, and I had some issues adjusting the mask at the bridge of my nose for total darkness. While the two ear "pillows" - both detachable and adjustable - are intended to block sound, I was glad the package came with real ear plugs. The fleece-covered foam cushions did offer a slight additional buffer to noise, however, and they were definitely pillow-like - perfect for those...

Author: /time Magazine | Title: Eye Masks: Deep Sleep Prescription-Free | 10/15/2008 | See Source »

...long been the envy of the world, with seemingly bottomless purses to bankroll cutting-edge research, top-notch faculty and construction projects galore. And fiscally speaking, these schools have it better than most businesses in the U.S.: multiple sources of revenue, including parents willing to pay tuition through the nose amid all kinds of money trouble, have often kept these institutions insulated from economic downturns. But in a financial crisis of this magnitude, even the ivory towers are getting hit - and in more ways than one. Not only have Bank of America, Citigroup and some two dozen other lenders...

Author: /time Magazine | Title: Colleges Getting Hit by the Credit Crunch | 10/8/2008 | See Source »

Journalism experts debate what place Goodman’s nose-thumbing has in relation to traditional journalism...

Author: By Adeline S. Rolnick, CONTRIBUTING WRITER | Title: Grad Nabs Progressive Prize | 10/6/2008 | See Source »

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