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...help workers, but have instead in the long term led to unemployment rates in most of Europe that are twice as high as those in the U.S. Engaging in protectionism in response to the rising fortunes of India and China would leave most of the world's people from rich countries and poor countries alike worse off in the long run. Not only does protectionism tend to backfire-to eventually cost jobs rather than to save them-but the global economy has already grown so interconnected that bashing China and making a scapegoat out of India could wind up hurting...

Author: /time Magazine | Title: Coping Strategies | 7/19/2007 | See Source »

...really quite remarkable. While strolling through a park on my first afternoon in Paris, I saw five couples making out in the span of five minutes. That has to set some sort of record. It seems that everyone in Paris gets some action. Young and old, rich and poor, gay and straight all flaunt their sexual satisfaction...

Author: By Rachel L. Pollack | Title: City of (Public) Love | 7/13/2007 | See Source »

...President Bush in recent months has said "some very positive things" about acknowledging climate change. "I sense and see some modification" in Bush's outlook, says Crist, which he hopes will be furthered by events like his global warming summit, which could help bolster Republican chances in electoral vote-rich Florida. "Like a good offensive line pushing down the field," says Crist, a former college football player, "eventually you knock down the door and you build consensus...

Author: /time Magazine | Title: The Sunshine State vs. Global Warming | 7/12/2007 | See Source »

...Besides risking the defacing of the pristine beauty of the North Polar cap by oil rigs and pipelines, some believe Russia's planned expansion will threaten their own interests. In May, U.S. Senator Richard Lugar told the Senate Foreign Relations Committee that Russia claiming the hydrocarbon-rich area would be to the detriment of U.S. interests. Unless Washington ratifies the U.N. Maritime Convention, pending since 1982, the Senator explained, the U.S. will have no say whatsoever in the dispute - it won't even have a seat on the International Seabed Authority that monitors nations' compliance with the U.N. Maritime convention...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

...ceded to the U.S. in 1990 under the U.S.-Soviet Maritime Boundary Agreement signed by Secretary of State James Baker and Soviet Foreign Minister Eduard Shevardnadze. While the deal may have helped ease Cold War tensions, anti-reform Soviet hard-liners always opposed giving up a piece of territory rich in sea life and hydrocarbon deposits, and they and their nationalist successors prevented the agreement's ratification. Today, the Agreement still operates on a provisional basis, pending its ratification by the Russian parliament...

Author: /time Magazine | Title: Russia Claims the North Pole | 7/12/2007 | See Source »

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