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...That's bound to get worse. French Economy Minster Christine Lagarde on Monday said she expected France to suffer 300,000 job cuts in 2009 - a figure independent analysts says massively underestimates the figure they predict, which is closer to 900,000. Speculation is also rising that several central European countries - Hungary foremost among them - may soon need bailing out by fellow European Union members to avoid economic collapse...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

...writes, these days "the economics of climate policy - not the science of climate change - is at the heart of [the] story.") In the months leading up to the debate, both sides - those in favor of strong action on climate change, and those against - released economic studies that attempted to predict the cost of Warner-Lieberman, with the skeptics emphasizing far higher costs than the greens. (See the top 10 scientific discoveries...

Author: /time Magazine | Title: Is the Press Misreporting the Environment Story? | 3/1/2009 | See Source »

Aren't we through with the rich by now? Not even close. When big news happens, pop culture tends to react in an opposite way to what media executives and pundits predict. After 9/11, people predicted the end of irony, trash TV and screen violence; we got Stephen Colbert, The Bachelor and 24. The opulent soap Dynasty became a hit amid the massive early-'80s recession; in the Great Depression, movies like Gold Diggers of 1933 packed theaters...

Author: /time Magazine | Title: Gold Diggers of 2009 | 2/26/2009 | See Source »

Many parts of the country are now sneezing, sniffling and coughing their way through yet another achy flu season. If there is any solace in the suffering, it's that so far, the Big One - the pandemic that experts predict could emerge from birds or cats or some other animal reservoir at any time - has yet to strike. (See the top 10 animal stories...

Author: /time Magazine | Title: Getting Closer to a Flu Supervaccine | 2/23/2009 | See Source »

...predict: If public subsidies are shifted from the school to the student, regardless of where or how that student chooses to be educated, the best teachers, with the experience to know what works and what does not, will use technology to reach a wider audience. The amazing proliferation of software, video, and the Internet in every part of business and private life is the surest fact of our times. But slow has been their trickle into classrooms. Is it because these tools have no place in the teaching trade? No. Rather, public schools and their tenured employees, unused...

Author: By Kiran R. Pendri | Title: Futurology 1 | 2/22/2009 | See Source »

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