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...especially for large countries "with a significant degree of federalism" (think U.S., Canada and Australia). Still, the report does offer some tidbits that tickle the brain: did you know that despite having one of the longest life expectancy rates in the world, most Japanese people think their health is poor? Well...

Author: /time Magazine | Title: OECD Report: How to Measure Life Satisfaction | 5/6/2009 | See Source »

...rescue package for Chrysler and General Motors if it wants a voice in how the North American auto industry is restructured. But it's already a silent partner, receiving just 2% of Chrysler and one director on the new board in exchange for $3.2 billion in support. That's poor payback, says Jack Layton, head of the New Democratic Party, Canada's fourth largest federal party, which enjoys strong union ties. "The government did not fight hard enough for job and production-share guarantees," he says...

Author: /time Magazine | Title: Whose Auto Bailout Is Most Expensive? Go Canada! | 5/6/2009 | See Source »

...tend to generally move in same direction for a while, before swiftly shifting course. But technical analysis can lead to overly optimistic views of the stocks at a time when they have been rising rapidly. And that could be the case now. The recent rally has left the Standard & Poor's 500 with a price-to-earnings ratio, based on an estimate of 2009 profits, of 15, up from 11 at beginning of March. That means stocks are relatively cheap compared to an average of the past two decades of about 20, but nearly as much of a bargain...

Author: /time Magazine | Title: Stock Technicians' Verdict: Market Rally Will Continue | 5/5/2009 | See Source »

...around the world, veterinary health care is the poor cousin to human health, chronically underfunded. But if we are serious about heading off new infections, we need to increase available resources and make sure that veterinarians are looking out for new diseases in livestock and wildlife in the same way that the WHO's global flu network is constantly monitoring the world's human population for new influenza strains. As we've seen with H1N1, once a new flu has emerged and begun spreading among people, it's likely too late to contain. "What we need to do is upstream...

Author: /time Magazine | Title: Swine Flu Shows Need for Better Animal Testing | 5/5/2009 | See Source »

...center politicians like [President Alvaro] Uribe in Colombia or [President Felipe] Calderón in Mexico can, of course, compete in Latin America," says Susan Kaufman Purcell, director of the Center for Hemispheric Policy at the University of Miami. "If they display a social component, especially a concern for poor people, then a responsible and competent businessman like Martinelli is a strong alternative...

Author: /time Magazine | Title: Panama's New President: A Boost for Business | 5/5/2009 | See Source »

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