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...Jean-Philippe Cotis, chief economist at the Paris-based Organisation for Economic Co-operation and Development, says the critical question is whether America's housing woes are a signal that the entire U.S. economy is overextended. "For the moment it looks like there is only marginal overheating," he says. That's very different from the situation in 2000, when massive overinvestment in technology around the world created the Internet bubble. When that popped, it sent global financial markets and economies into a tailspin. Today, though, Cotis sees the issue as "an idiosyncratic problem in the U.S. spilling over only moderately...

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

...Presidents, who filled the job for almost a half-century, confirmed Hamilton's prediction. George Washington, John Adams and Thomas Jefferson were heroes of the American Revolution. James Madison was the prime mover in the push to write and ratify the Constitution. James Monroe and John Quincy Adams had signal diplomatic triumphs: Monroe bought the Louisiana Territory from Napoléon Bonaparte, doubling the country's size, and Adams, as Monroe's Secretary of State, conceived the Monroe Doctrine, which waved Europe off the western hemisphere. Andrew Jackson, the frontier warrior, beat the Creek Indians in the old Southwest...

Author: /time Magazine | Title: What's a Resume Got to Do with It? | 1/18/2007 | See Source »

...Kurds add a pragmatic rationale for seeking good relations with the Islamic republic. As Foreign Minister Zebari explained to CNN on Sunday, Iraq's leaders know they will have to "live with" Iran next door - whereas Washington's presence in Iraq is temporary. President Talabani appeared to signal his independence from U.S. foreign policy on Sunday when he became the first Iraqi head of state in 30 years to meet his Syrian counterpart in Damascus, only days after President Bush had denounced Syria for enabling terrorism in Iraq...

Author: /time Magazine | Title: The Problem with Confronting Iran | 1/16/2007 | See Source »

...serious drinking habit, and the urge to share embarrassing details from his more-than-ordinary life via a weblog that has become a national sensation. A coffee mug nearby, he types his entries late at night in a hilariously funny Ostrava dialect that in Czech entertainment culture would typically signal provincialism in the way an Appalachian accent might be in the U.S. or a Yorkshire accent in Britain. Just another loser in the blogosphere? No, Ostravak Ostravski might as well be the Czech Republic's newest pop star...

Author: /time Magazine | Title: A Czech Mystery: Who's That Blogger? | 1/16/2007 | See Source »

Harvard is cracking down on computer users who are hogging bandwidth and blocking their neighbors from logging online. But the effort hasn’t helped some River House residents who still complain that they can’t get a consistent wireless signal from their dorms...

Author: By Nina L. Vizcarrondo, CRIMSON STAFF WRITER | Title: Wireless Access Remains Spotty | 1/8/2007 | See Source »

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