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...latest data that shows rising U.S. wages and exports, the worst may already be over. The International Monetary Fund recently increased its prediction for global GDP growth in 2007 to 4.9% from 4.7%. If that turns out to be correct, this year will be the fourth in a row with an economic expansion rate above or close to 5%, the best performance since the early 1970s. China continues to race ahead at the astonishing pace of 10% growth or more, pulling much of Asia with it. Japan's economy, the world's second largest, is again expanding and the deflation...

Author: /time Magazine | Title: A Precarious Balance | 1/18/2007 | See Source »

...begins straight up the middle, with The Brothers Karamazov, but turns a sharp corner at #9 with The Man Who Loved Children by Christina Stead, and another at #10 with Independent People by Halldor Laxness. The quintessentially American Tom Wolfe starts by reeling off four French classics in a row. Norman Mailer revives John Dos Passos's out-of-fashion U.S.A. trilogy for his #6 (and shows uncharacteristic forebearance by leaving his own works off the list). And so on. (At times one reads in the knowledge that one is being messed with. There's an outside, screwball chance that...

Author: /time Magazine | Title: The 10 Greatest Books of All Time | 1/15/2007 | See Source »

...keep me awake. When I sleep I give C’s. How? By FACTS. Any kind, but do get them in. They are what we look for—a name, a place, an allusion, an object, a brand of deodorant, the titles of six poems in a row, even an occasional date. This, son, makes for interesting (if effortless) reading, and this is what gets A’s. Underline them, capitalize them, insert them in the top, “Illustrate;” “Be specific;’ etc.? They mean...

Author: By A Grader | Title: A Grader’s Reply | 1/12/2007 | See Source »

...half is a must win.”After Dartmouth’s 80-73 home win over the Crimson last Saturday, the teams face each other again this Friday at Cambridge in a key game for each team.Harvard (7-8, 0-1) has lost four games in a row and only has its star center Brian Cusworth for three more games. The senior will graduate after home games on January 26 against Yale and January 27 versus Brown.If the Crimson has trouble against a Dartmouth team (6-7, 1-0 Ivy) that hasn’t won in Cambridge...

Author: By Ted Kirby, CRIMSON STAFF WRITER | Title: Crimson Seeking Revenge in Ivy Home Opener | 1/11/2007 | See Source »

...coach Ray Frederick, Jr., of the Bouncing Bulldogs in Chapel Hill, North Carolina. In a typical session, team members climb 2000 to 3000 football stadium steps and do 500 one-footed jumping jacks. That hard work has paid off. "We've won the national championship three years in a row now, and that's never happened before," says Frederick, whose team currently consists of 95 boys and girls, ranging from ages...

Author: /time Magazine | Title: Jump Rope's Big Leap | 1/10/2007 | See Source »

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