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Dates: during 2000-2009
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...easy to chalk that up to simple human carelessness. Certain economists, though, have another way of looking at that and similar findings. They see a systematic psychological breakdown - as a species we're just really bad at understanding costs that come later on. Instead, we assign a disproportionate amount of importance to what's immediate and tangible. We lock eyes with that initial low rate and can't look away. (And, yes, credit-card companies get that...

Author: /time Magazine | Title: The Real Problem with Credit Cards: The Cardholders | 5/12/2009 | See Source »

...required payment each month. (That's another psychological trip-up: having a low minimum payment printed on the statement in a big font ratchets down our perception of how much we should be paying off, meaning we carry higher balances for longer.) That bill never went anywhere, but a similar provision is in the bill currently before the Senate...

Author: /time Magazine | Title: The Real Problem with Credit Cards: The Cardholders | 5/12/2009 | See Source »

...Science study also indicates that young people - those who are generally the most resistant to the seasonal flu - are especially vulnerable to H1N1. It's still not clear why that is. It could be that older people are more likely to have contracted a virus similar to H1N1 in the past, which might give them some immunity. Or it may be that young people simply encountered H1N1 more often in the early days of the outbreak. The only thing that's clear is that young people are contracting it and they are getting sick. In the small Mexican town...

Author: /time Magazine | Title: Judging the WHO's Reaction to the H1N1 Flu Threat | 5/11/2009 | See Source »

...neighboring nations involved. And many E.U. leaders - notably the Russia-friendly Sarkozy, Berlusconi and German Chancellor Angela Merkel - want to avoid provoking an increasingly stroppy Kremlin. Indeed, ever since Russia's August 2008 war with Georgia, E.U. officials have become particularly wary of possibly prodding the Kremlin into similar action by appearing to set up camp with the EaP countries in Russia's backyard. (See pictures of Sarkozy...

Author: /time Magazine | Title: The E.U. Backtracks on its Eastern European Partners | 5/11/2009 | See Source »

...ruling. (He spent two years in prison before being acquitted.) Said he: "These are all just political games." Without the international pressure, as well as appeals by both President Obama and Secretary of State Hillary Clinton, many suspect, Saberi could still be sitting in prison, like others charged with similar crimes, whose cases have not received similar international attention. Among them is Silva Harotonian, an Iranian-Armenian humanitarian aide worker charged with "plotting a soft revolution...

Author: /time Magazine | Title: Roxana Saberi: Out of Iranian Prison, Into a Soap Opera | 5/11/2009 | See Source »

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