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...should not waver. French President Nicolas Sarkozy declared that the targets and timetable would be upheld, but offered "solutions" for those having trouble meeting them. "The climate package is so important that we cannot simply drop it, under the pretext of a financial crisis," he said. "If we scale back our ambitions then we count for nothing...

Author: /time Magazine | Title: Is Europe Backsliding on Climate-Change Targets? | 10/16/2008 | See Source »

...recent weeks, as the scale of the world's crisis has shifted from worry about buying holiday toys to worry about standing in bread lines, one government after another has stepped into the markets. Attempting to right the financial ship, London, Berlin and now even Washington are buying up stakes in financial institutions. And as governments wade into private business, they have sparked media coverage, particularly among conservatives, warning of a return of Big Brother. WE'RE ALL SOCIALISTS NOW, COMRADE, Britain's Daily Telegraph declared in one headline...

Author: /time Magazine | Title: Central Command | 10/16/2008 | See Source »

...mass of nuclei located deep within the brain's temporal lobes. The amygdala is designed to be wildly sensitive to certain things - for instance, anything uncontrollable and unfair (like a terrorist attack involving an airplane) - and remarkably forgiving toward other, far deadlier menaces that seem to be small in scale (car crashes) or involve less suffering (heart attacks...

Author: /time Magazine | Title: Fear Factor: This Is Your Brain in an Economic Crisis | 10/15/2008 | See Source »

...quit the country in search of work right up to the end of the 1980s, Ireland's best and brightest have a long history of leaving in search of opportunity and sunnier climates. But a decade and a half of 
 red-hot growth all but wiped out large-scale emigration, and Ireland has instead found itself a destination for immigrants from Africa, Asia and Eastern Europe...

Author: /time Magazine | Title: Postcards from Europe's Financial Bust | 10/15/2008 | See Source »

...speech had holes in it. For example, Obama talked about the need to "break" the "cycle of debt." Said Obama: "Our long-term future requires that we do what's necessary to scale down our deficits." Yet he didn't give any sense of how this new austerity might force him to scale back some of his most sweeping, costly proposals...

Author: /time Magazine | Title: McCain and Obama: A Fresh Start, a Fresh Economic Plan | 10/13/2008 | See Source »

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