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Frightening financial headlines quickly overwhelmed what little good economic news there was, such as an unexpected rise in U.S. personal income. A quick look revealed that it was largely driven by transfer payments, such as Social Security inflation adjustments and an extension of unemployment benefits, not the kind of capitalist fuel needed to power a real economic recovery...

Author: /time Magazine | Title: No Signs of a Bottom As Stocks Hit 12-Year Low | 3/2/2009 | See Source »

...over the floor and getting to the free throw line. If the ball wasn’t being fed to sophomore forward Emma Markley inside on the post, freshman Brogan Berry and co-captain Emily Tay were waiting on the perimeter, feet squared to the basket, ready for the quick catch-and-shoot. If a defender rotated up, forwards like sophomore Claire Wheeler and senior Katie Rollins were waiting for the feed back inside...

Author: By Justin W. White, CONTRIBUTING WRITER | Title: Crimson Drops Lions in Physical Contest | 3/2/2009 | See Source »

After examining the two, Flores discovered both had been bitten on their toes; the clean incisions and the profuse bleeding were telltale signs of a vampire bat attack. The vampire's bite is quick and razor sharp, so the sleeping victim doesn't feel the incision; and the animal's saliva contains a strong anticoagulating agent that leaves the victim bleeding for hours after the bite...

Author: /time Magazine | Title: Nicaragua's Vampire Problem | 2/27/2009 | See Source »

...more negative convinced that the better data coming out of China are as meaningful as they appear. Take, for example, the record level of loans, which some argue won't stimulate growth as much as expected. There are signs that some borrowers, for example, are trying to turn a quick profit by capitalizing on differentials in interest rates. The loan growth may also not be sustainable, as government concerns about rising nonperforming loans could lead to reduced lending in coming months. "Given the sharpness and severity of the recent slowdown, the recovery path is likely to be volatile as well...

Author: /time Magazine | Title: China's Economy: Rare Signs of Optimism | 2/27/2009 | See Source »

...should come as no surprise that Iraqi Prime Minister Nouri al-Maliki has been quick to endorse emerging plans to hasten the departure of U.S. forces from his country. Maliki, after all, had opposed the Bush Administration's decision to increase U.S. troop levels in the surge of 2007, and he had forced a reluctant Washington to accept a hard deadline for withdrawal in the Status of Forces Agreement adopted late last year. The growing abilities of the Iraqi security forces and the strengthening of his political position after last month's provincial elections have added to Maliki's confidence...

Author: /time Magazine | Title: Most Iraqis Welcome Obama's Pullout Plan | 2/27/2009 | See Source »

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