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...Such actions are blows to even the most optimistic. So is the growing realization in Shanghai trading rooms that China is part of a global economy that could be in for a rough patch, due to the subprime-credit crisis and the possibility of a recession in the U.S. A month ago, a relatively sophisticated investor such as Tian brushed aside any suggestion that U.S. markets, in turmoil since August, could effect equity values in China. "We're a separate market, a separate economy," Tian said on Nov. 5. Today, he concedes that the connection might be tighter than...

Author: /time Magazine | Title: A Market Mood Swing | 11/22/2007 | See Source »

...rule they implemented when they took control of Congress known as Pay-Go, which means they actually have to pay for things as they're approved, with either tax hikes or budget cuts. With that in mind, House Ways & Means Chairman Charles Rangel has proposed paying for the patch by raising taxes on the bonuses and fees received by hedge fund and private equity managers - which is to say the bulk of their exorbitant incomes. Right now these moneymen pay a capital-gains rate on those fees and bonuses of just 15%. If they were subject to normal income...

Author: /time Magazine | Title: The Dems' Tax (and Spend) Dilemma | 11/15/2007 | See Source »

Happonen is also targeting musical greeting cards and LED-adorned marketing brochures. Another market: makers of cosmetic and medical patches. Happonen notes that battery-powered antiwrinkle and stop-smoking patches are more effective than those without a power boost. With a nicotine patch, "in the morning when you need a bigger dose of nicotine, you push a button," he says...

Author: /time Magazine | Title: JAAKO HAPPONEN: Flat Battery: It Works On Paper | 11/14/2007 | See Source »

Montreal, Europe's pied-a-terre in North America, went through a grim economic patch in the '80s and early '90s, when it had clearly lost its panache. The threat of Quebec separatism and a prolonged Canadian recession sapped its economic life. So many shops were shut that the city began to look more like struggling Buffalo, N.Y., than Paris. Today, though, this charming city is experiencing the kind of renaissance that old cities like Dublin and Prague have seen in recent decades. Chic new businesses, such as fashionista Fidel or juice purveyor Moozoo, are popping up seemingly everywhere...

Author: /time Magazine | Title: The Global Life: A New Panache | 11/13/2007 | See Source »

...bales of straw, and cornstalks provide a well-rounded supply of room decorations. Cons: The hassle/embarrassment/gawking that ensues from carrying straw, cornstalks, and pumpkins on a bus. Allandale Farm 259 Allandale Rd., Chestnut Hill Pros: Allandale’s is accessible by bus, yet still offers the typical pumpkin patch fare: hayrides, hot apple cider, excellent pumpkin and squash variety. Students can make a pit stop at Boston College since they’re already in Chestnut Hill. Cons: After the 45-minute bus ride, students must embark on a 15-minute trek to the farm. Imagine how enjoyable...

Author: By D. PATRICK Knoth, CONTRIBUTING WRITER | Title: Pumpkins: The New Drunk & Slutty | 10/24/2007 | See Source »

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