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...staining that comes from a snout on the Taylor Glacier - the result of heavy deposits of iron in its water. In ages past, a fjord ran through the area and brought with it swarms of marine life, but more than 1.5 million years ago the ice began to rise, and a pool of seawater became trapped - and then capped - creating a huge, salty deposit buried hundreds of yards beneath the glaciers...

Author: /time Magazine | Title: An Organism Survives Antarctica, and Maybe Mars | 4/18/2009 | See Source »

...every observer believes the implicit threat of EPA regulation will be enough to force cap-and-trade opponents to fall in line. After all, the main criticism of cap-and-trade is that it may result in a rise in energy prices as carbon becomes more expensive (indeed, making fossil fuels more costly relative to clean renewable fuels is the point). Advocates argue that new green jobs created by acting on climate change will more than offset the price of cap-and-trade and that, in any case, the long-term cost of delaying on global warming will...

Author: /time Magazine | Title: EPA's CO2 Finding: Putting a Gun to Congress's Head | 4/18/2009 | See Source »

...such, for high-speed rail to become a viable form of mass transportation in this country, any new initiative must be a truly competitive alternative to the dominant automotive and airline industries. Amtrak’s poor track record has given rise to the false assumption that American culture is somehow incompatible with mass transit or railroads; this is absolutely false. Poor management practices should be remedied by decisive action—for starters, President Obama ought to encourage private industry to cooperate with Amtrak by offering tax breaks for those firms willing to cooperate on the proposed renovation plan...

Author: By The Crimson Staff | Title: Working on the Railroad | 4/18/2009 | See Source »

...loss of $547 million. When Whitney asked CEO Jamie Dimon if the business would return to profitability this year, his answer was a succinct "No." At Citi, "credit-card losses seem to be breaking their historical correlation with unemployment," CFO Kelly said. That is, credit-card losses normally rise with the unemployment rate. Now they're rising faster...

Author: /time Magazine | Title: Citigroup's Surprising Profit: Is It for Real? | 4/17/2009 | See Source »

...shirts staged a mass rally in Bangkok on April 8, during which Thaksin, addressing the crowd by video phone, urged them to rise up in a "people's revolution." The red shirts subsequently stormed a summit of the Association of Southeast Asian Nations in Pattaya, forcing its cancellation and the evacuation of regional leaders, attempted to physically attack Prime Minister Abhisit on two occasions, and launched a sometimes violent an chaotic protest in the capital, during which they burned buses, set off small bombs, threatened to blow up a gas tanker, blocked traffic on major roads, and shot and killed...

Author: /time Magazine | Title: Thai Hopes for Healing Fade After Protest Leader Shot | 4/17/2009 | See Source »

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