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...Economists were alarmed that unemployment was increasing by 500,000 to 550,000 people a month in the last four months of 2008. The rate at which that pace is quickening since the beginning of the year is nearly beyond imagining. Will one million people lose jobs in January? The anecdotal evidence would support a number much nearer to that than the 500,000 or so that most analysts have forecast. (See pictures of a city battered by unemployment...
...According to the AP, "Already this year, seven companies in the Standard & Poor's 500 index have decreased their dividends, removing some $12 billion from shareholders' pockets in the coming months." The rate of the reductions is the greatest in 50 years. ( See pictures of TIME's Wall Street covers...
...extra $2,750 or so - but paying a premium price once is easily cheaper than paying the lower price over and over. What's more, while couples who choose the in vitro route dearly want a child, they don't always want more than one. But the high failure rate of the procedure requires that multiple embryos be implanted at once. The result: either no children or a small litter of two, three, four or more...
...terrorists: Saudi Arabian officials boast that the Care Rehabilitation Center, outside Riyadh, has successfully deprogrammed scores of former jihadis, including more than 100 ex-inmates of the U.S.'s Guantánamo Bay military prison. As recently as last fall, Saudi officials claimed the program had a 100% success rate...
...Today marks a new chapter in U.S. climate diplomacy. ... Todd Stern is first-rate - brilliant, with long experience and deep expertise on climate change. - David Sandalow, a senior fellow at the Brookings Institution and author of Freedom From Oil, following Stern's appointment (Washington Post, January...