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Under the German program, which started in February, anyone who scraps a car that is at least nine years old can apply for a government subsidy of $3,600 toward the purchase of a new car. The German federal government has earmarked about $7 billion for the plan, which has...

Author: /time Magazine | Title: Germany's Cash-for-Clunkers Black-Market Scandal | 8/7/2009 | See Source »

Click here to purchase a copy of Reset: How This Crisis Can Restore Our Values and Renew America.

Author: /time Magazine | Title: Immigration: Let's Get Over It Already | 8/6/2009 | See Source »

While there's no such trouble at HSBC or Barclays, Monday's interim results presented challenges of a different kind. Both lenders leaned heavily on lucrative investment-banking units to soften the blow from bad debts in the commercial or retail arms of the groups. Owing in part to its...

Author: /time Magazine | Title: For Britain's Banks, Latest Earnings Show an Uneven Recovery | 8/5/2009 | See Source »

Click here to purchase a copy of Reset: How This Crisis Can Restore Our Values and Renew America.

Author: /time Magazine | Title: Boomers: Older and Maybe, Finally Wiser | 8/5/2009 | See Source »

Click here to purchase a copy of "Reset: How This Crisis Can Restore Our Values and Renew America."

Author: /time Magazine | Title: The Coming New New Economy | 8/4/2009 | See Source »

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