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...investigate the causes of last year's credit crunch. But more than a year after poor lending standards, unregulated products and bonus bonanzas helped spark the worst recession since the Great Depression, many say that reining in Wall Street is the only way to prevent another financial crisis. (Read "Hearings to Begin on Causes of Financial Crisis...
...make second- and third-generation drugs at an affordable price for developing countries. The UNITAID board, backed by Britain, France, Brazil, Norway and Chile, has just agreed to set up a patent pool for AIDS drugs, but the success of the venture depends on the cooperation of pharmaceutical companies. (Read "Is Obama Scaling Back Bush's AIDS Initiative...
...reiterating its opposition to Turkey's E.U. membership, saying it was ready to offer a "privileged partnership" to Ankara instead. In the past, Merkel has backed a privileged partnership instead of full membership for Turkey, putting a damper on the country's hopes of ever joining the club. (Read "Angela Merkel's Moment...
...letter prompted a wave of attacks on Merkel's leadership in the German media. The country's biggest-selling tabloid, Bild am Sonntag, ran a headline on its front page reading, "The Men's Rebellion Against Merkel," while the Süddeutsche paper published a commentary saying that the Chancellor had been "apathetic and too lazy to think" during last fall's negotiations to form a new government. Experts say the criticism is not entirely surprising. "Chancellor Merkel has to take this letter seriously as it's struck a chord with thousands of conservative supporters," Langguth says. (Read "Anger Mounts...
...have led us to conclude that we should review the feasibility of our business operations in China," he wrote. Secretary of State Hillary Clinton quickly issued a statement that Google's allegations raised serious concerns. "We look to the Chinese government for an explanation," the Jan. 12 statement read. "The ability to operate with confidence in cyberspace is critical in a modern society and economy." (See pictures of life in the Googleplex...