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...bacterium responsible for these deaths was nothing the doctors at Church of Scotland had ever seen before. It had found a way to evade not just the first-line antibiotics commonly used to treat the disease but several of the drugs of last resort as well. KwaZulu-Natal, and the world, had seen its first outbreak of extensively drug-resistant...

Author: /time Magazine | Title: Tuberculosis: An Ancient Disease Continues to Thrive | 10/2/2008 | See Source »

...easy way to detect drug-resistant strains of TB; current sputum-based screens can take anywhere from two weeks to two months, during which time doctors protectively place infected patients on first-line drugs too weak to battle the aggressive strain effectively rather than risk the overuse of last-resort medications that would only feed drug resistance. And in Africa in particular, tuberculosis is nurtured alongside AIDS in a deadly double hit: The weakened immune systems of H.I.V. patients make them more vulnerable to TB infection, and because their crippled immune systems can no longer mount proper responses, H.I.V. patients...

Author: /time Magazine | Title: Tuberculosis: An Ancient Disease Continues to Thrive | 10/2/2008 | See Source »

...Wall Street is still a scary mess, but don't resort to putting your cash under the mattress...

Author: /time Magazine | Title: Surviving the Wall Street Storm | 9/30/2008 | See Source »

...Benelux governments took a 49% share in Fortis' banking units in their own countries. The part-nationalization of Belgium's biggest lender, which, with a worldwide staff of 85,000, is Europe's largest to be bailed out so far since the credit crisis began. It was a last resort, coming after all efforts to flog the bank or its parts to rivals amounted to nothing. Fortis agreed to dump the once-prized stake in ABN, which weighed heavily on its balance sheet...

Author: /time Magazine | Title: Lessons from Europe's Big Bailout | 9/29/2008 | See Source »

Secretary Henry Paulson is requesting unprecedented powers to resolve and dispose of billions of dollars of mortgages and mortgage-backed securities that would turn the Feds into the liquidator of last resort for business deals gone bad. Those powers, should Congress grant them, would come on top of authority Paulson was quietly granted earlier this summer to resolve the Fannie Mae and Freddie Mac messes. And the federal fire sale may not be limited to problem portfolios at home; there are reports that some of those entities subject to Treasury's purchase-and-resale powers may be foreign...

Author: /time Magazine | Title: After the Financial Crisis, a Cleanup That Changes Everything | 9/22/2008 | See Source »

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