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Still, Greeks are bracing for the coming pain. With the economy already in recession, firms are trying to figure out how to survive until the crunch is over. Projects have been put on hold and credit is tight. Many are likely to lose their jobs, while budget cuts and tax hikes will further dampen the economy. "Everything is frozen," says financier Paul Papadopoulos. "It's a wait-and-see scenario." (See pictures of retailers which have gone out of business...
...work day that runs from 7:30 a.m. to 2:30 p.m. "The state must change the mentality of the public employee," says one investor and economist, Timos Mellisaris, who calls Greece's public sector "the last communist frontier." Greeks like to point out that the state started to put on serious weight in the early 1980s when the current Prime Minister's father Andreas, who would dominate Greek politics for the next 15 years, first swept into office. "The state has an irrational control of the economy," says Yannis Stournaras, director of research for the Foundation for Economic...
...warehouse went off; within an hour we were mobilizing for Haiti. Our warehouse is like a Walmart for disasters. We tailor the box contents to each crisis. A summer flood in Sudan requires more mosquito nets than a winter earthquake in Nepal. Haiti is tropical, so we put in fewer blankets and added extra water-purification tablets...
Giving gifts on Facebook is nothing new: since 2007, analysts estimate that users have spent more than $50 million to send virtual presents that are basically online stickers to put on profile pages. Facebook has developed its own currency, worth 10¢ per unit, and plans to take a cut as people on the site start buying everything from online games to off-line gifts for every possible occasion. (See five Facebook no-nos for divorcing couples...
...with the Lancet's formal retraction of Wakefield's paper, the question is whether the vaccine theory of autism may finally be put to rest. But that seems unlikely. Since 1998, numerous studies have found no link between vaccines and autism, yet parents' fears have endured. Indeed, vaccination rates in the U.K., which dropped after the publication of Wakefield's paper, never fully rebounded, and measles cases later took off. The number of cases has also risen...