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...participating in the world economy, and now they are trying to live like we do," he notes. That emerging megaforce, says Rogers, will put a supertight squeeze on commodity prices across the board, from beef to bullion. For the unconvinced, he pulls out a chart showing the average daily per capita consumption of oil in the U.S. at 0.677 bbl., vs. India's infinitely smaller consumption (0.021 bbl.) and China's (0.049 bbl.). "Even if the Chinese and Indians just start consuming as much electricity as Koreans now do, the price of oil will take off," he says...

Author: /time Magazine | Title: Silver Lining: Jim Rogers Talks Up Commodities | 10/12/2009 | See Source »

...findings, published in the Journal of Developmental Origins of Health and Disease, are based largely on survey data available on some 100,000 Americans who were born between 1915 and 1923. Overall, these populations had roughly the same rate of heart attack year to year - about 200 heart attacks per 1,000 people - when they were studied some 60 years later. But among the subset of people born between October 1918 and June 1919, when the flu pandemic was at its worst, the number of heart attacks increased more than...

Author: /time Magazine | Title: Side Effects of 1918 Flu Seen Decades Later | 10/12/2009 | See Source »

...most dynamic and rapidly growing region in the world over the past decade, developing Asia has attained a new level of prosperity. From China to India, the region's per capita income has more than doubled since the wrenching Asian financial crisis of 1997-98. Since 1990, over 400 million fewer Asians are living in poverty on incomes of less than $2 per day. On the surface, the region has much to celebrate on the long and arduous road to economic development. Many believe the Asia Century is now at hand. (Read "Fortress Asia: Is a Powerful New Trade Bloc...

Author: /time Magazine | Title: The Evolution of Asia | 10/12/2009 | See Source »

...when last we saw a world without nuclear weapons, human beings were killing one another with such feverish efficiency that they couldn't keep track of the victims to the nearest 15 million. Over three decades of industrialized war, the planet averaged about 3 million dead per year. Why did that stop happening? (See the top 10 Obama-backlash moments...

Author: /time Magazine | Title: Want Peace? Give a Nuke the Nobel | 10/11/2009 | See Source »

...IPCC's predictions are grim for a country that still hasn't figured out an effective strategy for water management. In the northwest alone, the water table is falling by about 1.6 inches per year, according to the GRACE (Gravity Recovery and Climate Experiment) mission. At least half of India's precipitation comes from the annual monsoon rains, and as they become increasingly diminished and unpredictable, the country faces an imminent threat of extreme water shortages. Changing rainfall patterns aren't the only climate- change effect threatening India's water supply: Himalayan glaciers - the source for the many Indian rivers...

Author: /time Magazine | Title: India's Floods Reveal Climate Change Specter | 10/11/2009 | See Source »

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