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...that the bank stress tests are completed, is it time to plan another round? The government's bank exams, the results of which were released in early May, seem to have calmed the market and paved the way for the nation's largest financial firms to raise tens of billions of dollars. As a result, a number of academics and policy watchers are warming to the idea of making the stress tests permanent. They like the fact that the stress tests have restored confidence in most of the nation's largest banks. What's more, they argue that even...

Author: /time Magazine | Title: Is It Time to Plan Another Round of Stress Tests? | 5/18/2009 | See Source »

...skinny and stunted, draped with yellow-tinged leaves. The contrast is deliberate, an advertisement for the wares Odiambo sells from his roadside supply shop in western Kenya. While the shopkeeper's robust plots were planted with commercial seed and carefully nurtured with inorganic fertilizer, his sickly specimens are the result of seeds sown in the bare ground. "We wanted to have a control plot, to show the difference," he says...

Author: /time Magazine | Title: Different Shades of Green in Africa | 5/18/2009 | See Source »

H1N1 makes clear how vulnerable our interconnected globe is to emerging diseases. As a result of jet travel and international trade, a new pathogen managed to seed itself in more than 20 countries in less than two weeks. But while globalization has its liabilities, it is also a strength because it gives us the tools to create a truly international disease-surveillance system. And the threat of a pandemic should remind us that we must fill the gaps in the creaky U.S. health-care system; during an infectious-disease outbreak, everyone will be at risk. "We live in one world...

Author: /time Magazine | Title: How to Prepare for a Pandemic | 5/18/2009 | See Source »

...insider's affection and an outsider's perspective, he paints a richer, more subtle portrait of the region through miniprofiles of the people, groups and agencies (big and small) that influence daily Arab life--Hizballah, al-Jazeera, Saudi clerics and an influential Lebanese chef, among others. As a result, stories of the hateful, misogynist policies of the Saudi religious establishment and the dark deeds of the Jordanian secret police are more than balanced out by those of brave, modern reformers. By the book's end, MacFarquhar's hope for the region's future has become contagious...

Author: /time Magazine | Title: The Media Relations Department of Hizbollah Wishes You a Happy Birthday | 5/18/2009 | See Source »

...diminished services that result from the budget cuts greatly substantiate perceptions that Quad Houses are in some way “lesser” than River Houses. All are familiar with the embarrassing Housing Day spectacle of tear-stained cheeks on the devastated faces of those who didn’t gain coveted access to Adams or Eliot. While much of the strange stigma associated with Cabot, Currier, and Pforzheimer Houses is ill-founded, transportation difficulties may now begin to outweigh the beautiful rooms and tight-knit community. Implications of the Quad commute might now actually provide a credible excuse...

Author: By Olivia M. Goldhill and James K. Mcauley | Title: Separate but Unequal | 5/17/2009 | See Source »

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