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...must move first - and by an American electorate that still remains underwhelmed by the threat of climate change. But there's some hope that progress can be made even if the U.S. and China stay in their corners. Indonesia - the world's third-biggest carbon emitter, thanks to its rapid rates of deforestation - has just announced that it will host a meeting in New York City on Sept. 24 of eight countries with tropical rainforests, to discuss using the international carbon market to fund tree preservation. "Having the world's third-largest emitter leading a group of nations on climate...

Author: /time Magazine | Title: Can the World Improve on Kyoto? | 9/5/2007 | See Source »

...what theory? REM (rapid eye movement) sleep is the relatively active brain state in which most dreaming is thought to occur. REM intrusion is a disorder in which the sleeping person's mind wakes up before his body does. He feels awake, yet the muscle paralysis of REM can remain; he may also hallucinate until mind and body get back in sync. "Lay people think you're either awake or asleep," says Nelson, "but you needn't go directly from one to the other...

Author: /time Magazine | Title: At the Hour Of Our Death | 8/31/2007 | See Source »

...rate mortgages was one way of moving risk out of the banking system. The growth in the 1980s and 1990s of Fannie and Freddie--which can buy loans of up to $417,000--and of private markets for bigger, or jumbo, loans made this possible. It also enabled the rapid rise of independent lenders, Countrywide most prominent among them, that sold all their loans on the secondary market...

Author: /time Magazine | Title: Reward the Good Guys | 8/30/2007 | See Source »

...Recruit a Rapid-Response Reserve Corps The disarray and lack of a coordinated response to 9/11 and Katrina tell us there is a role volunteers can play in responding quickly to disasters and emergencies. The new Rapid-Response Reserve Corps would consist of retired military and National Guard personnel as well as national- and community-service program alumni to focus on disaster preparedness and immediate response to local and national disasters. The program would initially train 50,000 members, who could be deployed for two-week periods in response to emergencies and serve under the guidance of the Federal Emergency...

Author: /time Magazine | Title: A Time To Serve | 8/30/2007 | See Source »

...once hailed as the third most popular Prime Minister in postwar Japan, but his recent missteps - and those of his advisers - have precipitated a rapid fall from grace. He stood behind a health minister who called women "baby making machines," a defense minister who remarked that the dropping of the Nagasaki bomb "couldn't be helped" and an agricultural minister whose suspected involvement in financial scandals led him to commit suicide. In making his goal of amending Japan's pacifist constitution to allow a more robust foreign policy the cornerstone of the LDP's July election campaign, Abe ignored voter...

Author: /time Magazine | Title: Japan's Abe Names New Cabinet | 8/28/2007 | See Source »

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