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...France - generating about 12,000 badly needed new jobs in the process. As part of that expansion plan, McDonald's says it will add about 400 new McCafés to the 800 outlets it already operates in Europe. Viewed from any angle, this kind of spending indicates that Ronald McDonald is feeling bullish about his future in Europe - the dismal global economic slowdown be damned. (See pictures of what the world eats...

Author: /time Magazine | Title: Supersizing Europe: The McDonald's Stimulus Plan | 1/26/2009 | See Source »

...Ronald Crystal, chairman of the department of genetic medicine at New York-Presbyterian Hospital/Weill Cornell Medical College, knows those stakes all too well. He is a veteran of the last revolution in medical technology, gene therapy, which, after some hyped expectations in the 1990s, fell into disfavor after some unsuccessful trials. Crystal is cautiously optimistic about the potential for this trial to open the door to future stem-cell therapies. "I think this is a very positive start, but the expectations and hype I see around stem-cell therapies are the same that I saw around gene therapy. We just...

Author: /time Magazine | Title: Cautious Optimism for the First Stem-Cell Human Trial | 1/24/2009 | See Source »

...After law school, clerked for a U.S. Court of Appeals judge who had been appointed by Ronald Reagan, according to the New York Daily News. She was later employed by a private law firm, where she spent time working on behalf of client Philip Morris. Altria, as Philip Morris is now called, donated $17,000 to Gillibrand's 2008 campaign. During the Clinton Administration, Gillibrand worked as a lawyer for the Department of Housing and Urban Development under Andrew Cuomo. She later returned to private practice, working for the law firm Boies, Schiller & Flexner...

Author: /time Magazine | Title: N.Y. Senator Kirsten Gillibrand | 1/23/2009 | See Source »

Nixon, Jimmy Carter and Ronald Reagan--each in a different way--responded by downsizing containment. Nixon opened up to China, which essentially meant the U.S. was no longer trying to contain the Soviets alone. Carter told Americans not to panic every time leftists overran some banana republic. Even Reagan, although he funded anticommunist guerrillas, refused to send U.S. troops to battle communist rebels and regimes in Central America...

Author: /time Magazine | Title: The Solvency Doctrine | 1/21/2009 | See Source »

...President's functions will be to correct the mistakes of George W. Bush's benighted tenure. Obama made that very clear in his sharply worded address, which contained few catchphrases for the history books but did lay out a coherent and unflinching philosophy of government. Nearly 30 years after Ronald Reagan heralded the onset of his conservative age by saying "Government is the problem," Obama announced the arrival of a prudent new liberalism: "The question we ask today is not whether our government is too big or too small but whether it works - whether it helps families find jobs...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

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