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...library community recalls with horror the pricing fiasco that occurred when industry consolidation left academic journals largely in the hands of five publishing companies. The firms hiked subscription prices 227% over a 14-year period, between 1986 and 2002, forcing cash-strapped libraries to drop many subscriptions, according to Van Orsdel. "The chance of the price being driven up in a similar way (in the Google deal) is really very real," she says...

Author: /time Magazine | Title: Librarians Fighting Google's Book Deal | 6/17/2009 | See Source »

...sign that Google has been listening to critics' complaints, it recently signed an amended individual agreement with the University of Michigan, adding a mechanism that would give the university the right to dispute a price increase through arbitration. Any price discrepancy in the arbitrated settlement would come from Google's 37% revenue stake, not from the authors' and publishers' share. "That's a step in the right direction, but it only benefits the University of Michigan at this point," says Williams...

Author: /time Magazine | Title: Librarians Fighting Google's Book Deal | 6/17/2009 | See Source »

...loan to Belarus as punishment for not recognizing the breakaway republics, Lukashenko claimed. "It's no coincidence that Lukashenko released key political prisoners within days of the August conflict," says Wilson. "He realized he had to pay his dues to the E.U. because Russian friendship came with a price...

Author: /time Magazine | Title: Russia-Belarus Relations Sour over Milk Ban | 6/16/2009 | See Source »

...Lukashenko's refusal to attend a key security summit in Moscow on Monday because of the dairy ban has infuriated the Kremlin, and despite Belarus' achievements with the E.U., the price for angering Russian President Dmitri Medvedev may just be too high. "Exporting food to Russia has been one of [Belarus'] most important and reliable trade sectors," Andrew Wilson, a senior policy fellow at the think tank European Council on Foreign Relations, tells TIME. "The ban will definitely sting." In 2008, Russia bought 93% of Belarus' meat and dairy products, earning Belarus $1 billion...

Author: /time Magazine | Title: Russia-Belarus Relations Sour over Milk Ban | 6/16/2009 | See Source »

...slowly emerging consequences of Ahmadinejad's victory, I scolded myself daily. Ambivalence and laziness had gotten the better of me, and I deserved to suffer the consequences. I also scolded all my friends and relatives who hadn't voted. When they complained about double-digit inflation, a real estate price hike of 150%, five-hour lines for gas (the government had botched a plan to drop gas subsidies), Internet censorship, government plans to facilitate polygamy and gender segregation in classrooms, I told them they were to blame, not Islamic theocracy. They had chosen not to elect a better leader. (Check...

Author: /time Magazine | Title: Even in a Tainted Election, Voting Still Matters | 6/16/2009 | See Source »

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