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Hospitals have also managed to save money by greening their cleaning supplies. The Hackensack University Medical Center's pediatric oncology center in New Jersey swapped its toxic-chemical-laden cleaners for its own custom-made natural products, dropping cleaning costs by 15% - and, more important, minimizing employees' and young patients' exposure to irritants and harsh substances, such as ammonia. The hospital has also developed a "Greening the Cleaning" program for other hospitals, schools and organizations and, more recently, even began selling a consumer product line that includes laundry detergent and glass cleaner...

Author: /time Magazine | Title: Making Hospitals Greener — and Patients Healthier | 12/20/2008 | See Source »

...industry accounts for almost 16% of the Texas gross domestic product, double what it was five years ago, and that means any slowing in that sector will have a ripple effect on the state's overall economy. "There are signs of a slowdown," says Amarillo energy economist Karr Ingham. "The jury is still out on whether it will become a bust...

Author: /time Magazine | Title: Texas Braces for an Oil Bust | 12/19/2008 | See Source »

...accelerated growth began in the early 1960s. Arguably, a Daewoo collapse was more threatening to Korea than, say, a GM bankruptcy would be to the U.S., simply because the Korean economy is so much smaller. Daewoo had about $50 billion in revenues. The entire South Korean gross domestic product in 1999 was only $450 billion. (GM, by comparison, had $181 billion in revenues in 2007, while U.S. GDP reached $13.8 trillion.) Daewoo seemed too big to fail...

Author: /time Magazine | Title: Why Detroit Is Not Too Big to Fail | 12/19/2008 | See Source »

Mexico's criminal police are a product of the financial neglect and social scorn heaped on public law enforcement by the country's élite - the same ostentatiously upper-crust families who are now rampant kidnapping targets. Either way, cops are the main reason only 2% of Mexico's criminal cases are ever solved, according to the National Commission for Human Rights. Officially, Mexico is second only to war-torn Colombia in the number of kidnappings, but many security experts believe Mexico may have overtaken the South American nation in recent years. Thousands of abductions take place each year, they...

Author: /time Magazine | Title: In Mexico, a Kidnapping Negotiator Is Kidnapped | 12/18/2008 | See Source »

...volatility of the past year is a product not simply of supply and demand factors, but are caused by the ways in which oil is traded, say some experts, who recommend the introduction of mechanisms designed to prevent speculators from plunging into markets and withdrawing billions of dollars just as suddenly. "The prices are being largely made in the paper markets," says Paul Stevens, energy analyst at the London think tank Chatham House. "People are moving in and out of the market on a daily basis." The market is especially open to speculation since oil is traded in futures...

Author: /time Magazine | Title: OPEC Cuts Production in Effort to Reverse Price Slide | 12/17/2008 | See Source »

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