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...unprecedented, classified database of plants and animals that have commercial potential as medicines and foods. Companies that see a scientifically verified, patented discovery advertised on the database would pay--through the central government, to the appropriate tribe--a fee for the classified information. Afterward, should a new menstrual-pain remedy or strain of soybean be commercialized as a result, the company would then be required to pay the community royalties...

Author: /time Magazine | Title: Jungle Medicine | 11/14/2007 | See Source »

...growing dispute may sour the drug industry's appetite for rain-forest research and development. Abbott, for example, irked by tribal claims, denies that a poison-dart frog had anything to do with its new pain-killer (which is in clinical trials) other than inspiring the company to take a closer look at a similar group of synthetic compounds. Says a spokeswoman for another major U.S. firm: "We've started scaling back. We just don't think you can define 'traditional knowledge' in that kind of legalistic way." Others fear that, given the notorious corruption of many Third World governments...

Author: /time Magazine | Title: Jungle Medicine | 11/14/2007 | See Source »

...faith in U.S. assets. Nowhere is this more pronounced than in the dollar's stunning decline. Since the start of 2006, it has plunged 24% against the euro and 18% against the British pound. But how big a problem is a weak dollar, and for whom? It might pain U.S. tourists shopping in cities like London or Paris. And it's a mounting worry for European and Asian manufacturers doing battle with U.S. exporters, whose products are made cheaper on the global market by a dwindling dollar. But for these U.S. manufacturers, the weak dollar is a spark of good...

Author: /time Magazine | Title: Bottom Dollar | 11/14/2007 | See Source »

...think there’s a lot of heart, and a lot of grit...and a lot of pain and exhilaration and joy that comes out of being on the underground,” says Ring. “But the main goal is to make music that a lot of people want to hear...

Author: By Daniel J. Mandel, CRIMSON STAFF WRITER | Title: The All-Spin Zone | 11/14/2007 | See Source »

...still fresh and expected in peoples' minds. But is that support enough? The same Libération poll showed large majorities qualifying Sarkozy's economic action thus far "a failure" - notably on daily concerns like shrinking purchasing power and high unemployment. That may weaken public support on smaller reform pain if there's no sign of wider economic gain - especially if social divisions created by protests are considered too costly by voters. But even if that happens, the political price of backing down might well be too high for Sarkozy...

Author: /time Magazine | Title: Transport Strikes to Derail Sarkozy? | 11/13/2007 | See Source »

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