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...been tracking the strain in question since the last flu season, when the CDC reported that 11% of flu cases were resistant to Tamiflu. According to Dr. Joseph Bresee, chief of the epidemiology and prevention branch of the CDC's influenza division, experts believe the resistant strain is the result of a spontaneous mutation in the influenza virus genome and not the result of overuse of antimicrobial agents like Tamiflu to treat the infection. That's based on the fact that during the last flu season, the resistant strain was widespread in countries with low Tamiflu use like Norway...

Author: /time Magazine | Title: What You Need to Know About Drug-Resistant Flu | 1/9/2009 | See Source »

...unlikely that the two flu strains are related other than that both are the result of mutations in the influenza virus genome...

Author: /time Magazine | Title: What You Need to Know About Drug-Resistant Flu | 1/9/2009 | See Source »

...known cement and pharmaceutical companies, threw himself in front of a train on Jan. 5--driven to suicide, his family said, by the global financial crisis. Merckle had lost hundreds of millions of euros in a bad bet on Volkswagen shares, endangering the future of his companies as a result. A handful of other business leaders have taken their own life amid the recent economic downturn, including Kirk Stephenson, the London-based CEO of Olivant, who died in September...

Author: /time Magazine | Title: The World | 1/8/2009 | See Source »

...will be twofold: to capture the potential benefits of a new age of government activism, while still protecting the country's long-term fiscal health. On Jan. 6, Obama warned that the cost of a major stimulus package and the continued effort to bail out the financial system could result in years of "trillion-dollar deficits." Deficit spending is needed to help revive the economy from recession, but trillion-dollar deficits for years to come would sink us in debt and risk a collapse of the currency. We need a sensible strategy that deals with the present crisis while preparing...

Author: /time Magazine | Title: The Case for Bigger Government | 1/8/2009 | See Source »

California has found itself in this financial quagmire as a result of a collision of events. "It really has been a combination of things that have created the monstrosity that we are now in," says Barbara O'Connor, director of the Institute for the Study of Politics and Media at Sacramento State University. She cites inflation, population growth and mandates (like Proposition 13, which placed a limit on state property-rate taxes that resulted in restrictions on tax increases) as having a snowball effect over the course of 30 years. Add these to California's extremely high home-foreclosure rate...

Author: /time Magazine | Title: The Great California Fiscal Earthquake | 1/8/2009 | See Source »

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