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...Congress demurred. So, instead, in 1913, Rockefeller set up the Rockefeller Foundation with two initial gifts totaling $100 million. No institution did more in the 20th century to further the cause of international development. It led the way in the eradication of hookworm in the U.S. South, helping pave the way for the region's economic development. It supported the Nobel-prizewinning work that created the yellow-fever vaccine. It helped Brazil eliminate a malaria-transmitting strain of mosquito. And perhaps most stunningly, it funded the Asian Green Revolution, the transformative agricultural success that enabled India and other countries...

Author: /time Magazine | Title: Why We Should Share the Wealth | 5/10/2007 | See Source »

...ahead of December's parliamentary elections, and the Presidential poll scheduled for next March. Just as in Soviet times, there's nothing like the specter of an external enemy, either to make the people accept that they don't change horses in midstream and let Putin stay - or to pave the way for someone way harsher than Putin. A strong hand to keep the country together. Just what the people need to have Victory, when confronted with an "external enemy...

Author: /time Magazine | Title: Why Putin Loves World War II | 5/8/2007 | See Source »

...game, at 7-7, Harvard regained the lead again with goals from Schoen and Martin. But the Lions surged ahead to grab an 11-10 lead, its last of the game. Freshman attack Alexandra Comstock scored off a free-position shot to tie the game at 11 and pave the way for Bancroft’s heroics. “It was a gorgeous day and we won,” Simmons said. “It was also special because it was it was the last Ivy League home game in the in the stadium, so it was Senior...

Author: By Tyler D. Sipprelle, CRIMSON STAFF WRITER | Title: Women's Lacrosse Snaps Seven-Game Losing Streak | 4/23/2007 | See Source »

...Once mobile banking catches on, it's likely to pave the way for even more electronic-wallet services like making purchases at department stores, supermarkets and even vending machines. "This is just the first step of making Americans comfortable with using their cell phones as financial instruments," says analyst Entner. To take that next step, phone makers must embed a chip capable of near-field communication (NFC) that will work with special readers in stores, exactly like the contact-less credit and debit cards that are now available. Both Visa and MasterCard have trials under way, but have...

Author: /time Magazine | Title: Banking Goes Mobile | 4/2/2007 | See Source »

...that helped lead to the abolition of slavery in Britain and the United States; the black church's leadership during the American civil rights movement; the deeply Catholic roots of the Solidarity movement in Poland that led the overthrow of communism; the way liberation theology in Latin America helped pave the way for new democracies; how Desmond Tutu and the South African churches served to inspire victory over apartheid; how "People Power" joined with the priests and bishops to bring down down Philippine strongman Ferdinand Marcos; how the Dalai Lama keeps hope alive for millions of Tibetans; and, today...

Author: /time Magazine | Title: The Religious Right's Era Is Over | 2/16/2007 | See Source »

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