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Economists and public officials need to be optimistic about the economy. It they are too dour, they just encourage the public to think that they should be replaced. Economists, after all, might be considered a luxury in a down economy. Politicians who predict only hopelessness may be seen as ineffective stewards of their country's finances...

Author: /time Magazine | Title: World Bank: Crisis Hits Developing Nations Harder | 3/9/2009 | See Source »

...global economic meltdown is flattening Russia. In the first week of February alone, some 72,000 jobs vanished, according to Deputy Prime Minister Alexander Zhukov. Some government agencies predict that the number of unemployed may reach 2.8 million by the end of this year, up from 1.5 million at the end of 2008. The ruble has lost a third of its value since last September. Two weeks ago, Deputy Economic Development Minister Andrei Klepach predicted a 2.2% contraction in the economy this year, the first official admission that Russia was facing a recession. (See pictures of Russia's rich aristocracy...

Author: /time Magazine | Title: Is the Worst of the Economic Crisis Over For Russia? | 3/7/2009 | See Source »

...group of researchers at Harvard and Massachusetts General Hospital have published findings on a new, more accurate method to predict stroke risk through a statistical model that screens for thousands of potentially stroke-causing genes. The model—called a Bayesian network—differs from existing methods that examine only the effect of a single factor, instead allowing researchers to study the interaction of multiple genes. The study, released last month, found the formula could predict a person’s risk for the most common stroke in the U.S. with 86 percent accuracy—which...

Author: By Beverly E. Pozuelos, CONTRIBUTING WRITER | Title: Model Predicts Risk of Stroke | 3/6/2009 | See Source »

There is no way to predict what the American or Chinese system will look like in ten years. If the recession in the U.S. lasts another two years, the amount of GDP that is effectively under government control will increase rapidly as the Administration and Congress do whatever they can to keep large industries from collapsing...

Author: /time Magazine | Title: Trading Places: China and the U.S. | 3/5/2009 | See Source »

...what the perfect diet is, and this study suggests people should be focusing... on counting calories,” said Stephen D. Anton, a professor at the University of Florida who trained the dietitians who helped conduct the study. “It’s hard to predict how the weight loss industry will respond,” The study, funded by the National Institutes of Health, assigned over 800 overweight adults to one of four diets, each composed of different ratios of carbohydrates, proteins, and fats. Results from the two-year long clinical trial showed that all four...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Study Justifies Calorie Counting | 3/4/2009 | See Source »

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