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...everyone agrees with this upbeat assessment, of course, and the debate about the extent to which the world has decoupled from the U.S. rages on. Critically, many forecasts for the U.S. predict weaker growth in 2007 but not the ultimate test of full-blown recession. Indeed, judging by some of the latest data that shows rising U.S. wages and exports, the worst may already be over. The International Monetary Fund recently increased its prediction for global GDP growth in 2007 to 4.9% from 4.7%. If that turns out to be correct, this year will be the fourth...

Author: /time Magazine | Title: A Precarious Balance | 1/18/2007 | See Source »

...just how much a forest can absorb in its lifetime. Scientists estimate that, depending on the soil and climate, a hectare of 1,000 trees can process between five and 10 tons of CO2 each year. But the longer the time span, the harder the absorption is to predict. Some companies, such as London's Carbon Clear, say they invest not just in planting trees, but also in ensuring they thrive. But others may not be so diligent and disease, fire and logging can all shorten a tree's life. "You can never be sure the atmosphere sees the benefit...

Author: /time Magazine | Title: Lost in the Forest | 1/9/2007 | See Source »

...Publicis buy Digitas? There is a massive shift taking place from traditional media to online media. We predict that the interactive world will account for 10% of worldwide ad spending in 2010. Combining with Digitas will make us the top buyer on Google, Yahoo...

Author: /time Magazine | Title: 10 Questions For Maurice Lévy | 1/4/2007 | See Source »

...gradually becoming safer, if only a little. To be sure, Ramadi is still a dangerous place. Insurgents, working with other tribes loyal to them, control much of the territory. U.S. and Iraqi forces come under attack frequently and often suffer casualties. MacFarland is seeing enough progress nonetheless to predict that the city will be under control within a year...

Author: /time Magazine | Title: Turning Iraq's Tribes Against Al-Qaeda | 12/26/2006 | See Source »

...India wants to build nuclear reactors around the country to power its booming economy, while U.S. nuclear industry giants are rubbing their hands in anticipation of getting a slice of the $100 billion some predict India will spend on nuclear technology in the next decade. So what's not to love about this win-win proposition...

Author: /time Magazine | Title: In India, Complaints About a U.S. Nuclear Deal | 12/12/2006 | See Source »

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