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...will be able to boost its domestic demand through short-term spending enough to mitigate steep declines in global trade. "The idea that China will be helping the rest of the world is a myth," says Ben Simpfendorfer, a Hong Kong-based China economist for the Royal Bank of Scotland. "Almost half of what it imports is related to export processing. A large share of the remainder is commodities. It imports little for its own consumption. That befits its status as the world's largest manufacturing center...

Author: /time Magazine | Title: China Won't Ride to World's Economic Rescue | 3/6/2009 | See Source »

...cost of Scotland's alcohol problem is not only directed at the public purse - the Scots have the highest rate for cirrhosis of the liver in Europe and one of the worst alcohol-related death rates. Rising murder and crime figures are also linked to drink. A study conducted for the Scottish Prison Service between 1979 and 2007 and published this year discovered that alcohol use had soared, with 79.6% of the young inmates surveyed in the final year claiming alcohol as a contributing factor in their offenses, compared with 47.9% in 1979. Respondents reporting that they had been drunk...

Author: /time Magazine | Title: Nation o' Drinkers: Scotland Takes on Alcohol Abuse | 3/5/2009 | See Source »

...Critics of the changes say that if different areas have different drinking ages, younger drinkers will simply travel to buy drink. They also say that the minimum unit price will push up the price of Scotland's national tipple, whisky, which has an alcohol content of 40% or above, but could potentially even reduce the price of the drinks favored by binge-drinking youngsters, so-called alco-pops and Buckfast, a caffeine-infused "tonic" wine made by Benedictine monks in southwestern England...

Author: /time Magazine | Title: Nation o' Drinkers: Scotland Takes on Alcohol Abuse | 3/5/2009 | See Source »

...Buckfast - also known in Scotland as "Buckie," "Beat the Wife," "Wreck the Hoose Juice" and "A bottle of [expletive] ya lookin' at" (see earlier description of a Glasgow kiss) - has an alcohol content of 15%. The survey of young offenders found that of those who could remember what they'd been drinking before committing the crime that put them behind bars, 43.4% answered Buckfast. Indeed, the beverage is so frequently associated with disorder that there have been calls to ban it. But opponents of such an idea say the only effective way to tackle Scotland's alcohol problem...

Author: /time Magazine | Title: Nation o' Drinkers: Scotland Takes on Alcohol Abuse | 3/5/2009 | See Source »

...pictures of whisky-making in Scotland...

Author: /time Magazine | Title: Nation o' Drinkers: Scotland Takes on Alcohol Abuse | 3/5/2009 | See Source »

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