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Moving to Japan's stock market, which has been comatose for years, are conditions taking shape for its bull to reawaken? I think they are. Consumer confidence in July rose, exceeding expectations, and there's been a sharp acceleration in industrial production. Also, there is an election in another week, and it's pretty clear that the LDP [Japan's ruling party] is going to lose. The new party that's coming in intends to put through programs that will increase the amount of money that the average Japanese [person has], thereby stimulating personal spending. For example, it intends...
Even without any significant mutations, H1N1 has so far behaved in confounding ways. The virus spread widely in Britain during the summer, but not in other European countries. No one knows why. Mexico reported a sharp increase in cases in late July after health officials there suspected that the virus had begun petering out with the onset of the hot summer months. And then there is emerging evidence that some patients present without fever, making diagnosing H1N1 harder...
...Brace for impact. The global recession has hit air carriers everywhere, but a sharp decline in passenger numbers is especially bad news for India. With oil prices rising to $73 a barrel, Indian airlines - which carry just 2% of the world's passengers - could sustain more than $2.5 billion in losses this year, accounting for one-fourth of the projected $9 billion in losses for the entire industry, according to the International Air Transport Association. Weighed down by overcapacity, debt and the government's refusal to provide bailouts, Indian carriers are being forced to slash their operations and reduce ticket...
...airboat armed with snake hooks, they find a 10-foot Burmese python slithering through the mud. Graziani swoops down and grabs the angry serpent's tail while Heflick goes for the other end. After a brief struggle, during which Heflick gets his hand bloodied by a sharp snake tooth, they pull the python's head, with its camouflage-like design, into their clutches. "It was trying to cool off deep down there in the slime in this heat," says Heflick, lifting the python like a trophy as it coils around his forearm and flashes its forked tongue. "Makes it harder...
...years, public libraries have offered free, structured, fun summer reading programs proven to keep skills sharp. Before we add to the school year, we should look to support the real pillars of lifelong education--our public libraries. Pamela Fitzgerald, CHARLOTTESVILLE...