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...Unless it ends suddenly tomorrow, all signs are that this will stack up as the worst economic downturn in the U.S. since the Great Depression. But if government spending is able to begin stabilizing the economy sometime in the second half of this year, the scale of the decline in indicators ranging from GDP to employment to consumer spending will be much closer to that of the harsh recessions of 1981-82 and 1974-75 than the nearly complete economic collapse of the 1930s. Will the stimulus work? That's the $770 billion question the new GDP numbers really...

Author: /time Magazine | Title: A 6.2% Drop in GDP: Is the Worst Yet to Come? | 2/27/2009 | See Source »

...free coffee and an ice skating rink—which administrators have pledged to spare from of budget cuts—Kagan has achieved a series of major successes including the completion of the largest capital campaign in the history of legal education and the start of a large-scale construction project known as the Northwest Corner.Kagan’s colleagues and former classmates echo one another in saying that her own experience as a Law School student shaped not only her character, but her vision for the future of the school and her approach to her next would...

Author: By Elias J. Groll and Athena Y. Jiang, CRIMSON STAFF WRITERS | Title: Kagan's Legal Legacy | 2/27/2009 | See Source »

...more than two decades at war, the country's historical sites have been ignored. Its ancient heritage has fallen victim to an epidemic of pillaging on par with the depredations of Genghis Khan's army that in 1220 left the city of Balkh in ruins. Unauthorized excavation on the scale of organized crime is carried out by professional gangs supported by local warlords and even government officials, with ties to the international black market in antiquities. While estimates of this illicit trade vary widely, government authorities put it at as high as $4 billion, roughly on par with the country...

Author: /time Magazine | Title: Afghanistan: A Treasure Trove for Archaeologists | 2/26/2009 | See Source »

...thrusting us into the familiar cosmos of a U2 hit. There's the martial beat, the fickle female object of desire, the soaring inarticulateness - "Ohhhhhh/ Oh, oh, oh, oh, oh, oh, oh, oh, oh" - followed by the Edge chugga-chugga-chugging away on his guitar, chasing Bono up the scale note for note and yawp for yawp. It makes you giggle in amazement that the same old tricks keep generating new thrills...

Author: /time Magazine | Title: U2's Unsatisfied — and Unsatisfying — New Album | 2/26/2009 | See Source »

...standard that would give consumers a better sense of how much cross-contamination may have actually occurred. After holding hearings on these advisory labels last fall, the agency is now studying systems like Australia's VITAL program, in which companies voluntarily rank the risk of cross-contamination on a scale of low to moderate to high. Meanwhile, Massachusetts last year became the first state to pass legislation requiring training for restaurant staff in safe food-allergy practices to avoid cross-contamination in the kitchen. (Read "Fighting over Peanuts...

Author: /time Magazine | Title: Why We're Going Nuts Over Nut Allergies | 2/26/2009 | See Source »

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