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Many factors weigh on the bond market, such as the falling price of oil - it closed at $43.52 per bbl. in Wednesday's trading - and the progress of the auto-industry bailout, not to mention every gasp from the housing market. And then there's the elephant in the room: the downward spiral of economic activity, including last week's chilling November employment report, which showed 533,000 more people out of work - "one of the worst ever," according to Morgan Stanley economist Ted Wieseman. As the various industry bailouts - banks, auto companies, credit unions and, next, states - seek...

Author: /time Magazine | Title: Stocks Say Recession, but Bonds Say Depression | 12/11/2008 | See Source »

...rollout a "beta," meaning Home is still being crash-tested, so buyer beware. That said, this is a pretty stable environment, and I think referring to it as a beta test is a little disingenuous, or a heavy-handed way of saying that Home is a work in progress. Trust me - Home will always be a work in progress. It's a software platform, and will forever be updated. Sony has said that it intends to add and remove features based on whether users use them. (See TIME's list of the top 10 video games...

Author: /time Magazine | Title: A First Look at PlayStation Home | 12/11/2008 | See Source »

...School of Public Health professor. “Genocide was appropriately called by Winston Churchill the crime of crimes,” Goldstone said. He said that, partly because of the 1948 convention, there is a new ability to anticipate genocide in advance, as a result of technological progress, increased awareness, and historical perspective. Goldstone has served on many war crime commissions such as the International Independent Inquiry on Kosovo. He also served for nine years as a justice on the Constitutional Court of South Africa. After Goldstone’s keynote address, panelists, including various professors who are members...

Author: By Carola A. Cintron-arroyo, CONTRIBUTING WRITER | Title: Panel Discusses Genocide Convention | 12/10/2008 | See Source »

...course, very much the same argument can be made about most corporations. Private firms do the incontrovertibly important work of mining resources, manufacturing goods, inventing new technologies, and procuring services—social products that are just as crucial to human progress as academic research. A great deal of biochemical research is done today in private firms; Google has done more than perhaps any other organization in the past decade to promote the kingdom of knowledge. What’s more, corporations nowadays often have charitable outreach arms that provide services directly to the community...

Author: By Garrett G.D. Nelson | Title: Taxes and Duties of the Private University | 12/10/2008 | See Source »

...Xinhua news service, Wang Chen, director of the State Council Information Office, said that over the past 30 years, Chinese citizens have enjoyed improvements not just in their material welfare, but also in civil and political rights. "It is not exaggerating to say that China has made historic progress in human rights and that China's human-rights conditions are in the best historical period," Wang said...

Author: /time Magazine | Title: A New Call for Chinese Democracy | 12/10/2008 | See Source »

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