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Does Kyoto Matter? After 11 days of give and take, the world comes up with a treaty that would slash greenhouse gases. Even if it passes the Senate, will it be enough to slow global warming? Full Story Take TIME Online's Global Warming Poll...
Things are a lot tougher for the U.S. Thanks largely to the current economic boom, America's emissions have been growing while Europe's have declined. The only way to reverse that trend is to slash oil and coal use by upgrading the efficiency of cars, factories and power plants. But such conversions could be extremely expensive and would throw thousands of energy workers out of their jobs...
Back in the chilly days of the Cold War, news of a Soviet leader promising to slash one third of his nuclear arsenal would have made banner headlines worldwide. But when Boris Yeltsin made that pledge in Sweden on Tuesday, it barely rated a mention. Which could have something to do with the fact that his spokesman, Sergei Yastrzhembsky, told reporters that his boss had been "tired" when he spoke ? and no, this was not a promise, merely a suggestion...
...capital from the U.S. and possibly slay the bull market. At the same time, a sharp drop in demand for U.S. exports could slow or stall the soundest peacetime expansion in recent American history. Perhaps more worrisome is the danger Rubin warned against--that Japan and Korea might slash prices of exports to the U.S. to restart their economic engines, and thereby ignite a trade...
Enter AMD and Cyrix with their successful Pentium-killers. Thanks to shrewd microcode licensing and intensive R&D work, these companies have developed fifth- and sixth-generation CPUs to compete with the best that Intel's got to offer. Low prices on their competitors' products have led Intel to slash prices on Pentiums by almost 50 percent this year...