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...Governments have been quick to take credit. "We've finally cut the knot," enthused Michael Glos, the German Economics Minister. "Solid growth has returned," crowed Thierry Breton, his French counterpart, predicting that 2007 will be "a good to very good year." Many economists are more skeptical, pointing out a slew of significant risks that could nip the Euro-recovery in the bud, including the prospect of interest-rate hikes and the introduction of a higher vat rate - up to 19% - in Germany next year. One of the biggest risks is what happens in the U.S., whose economy is just starting...

Author: /time Magazine | Title: The Summer Just Got Hotter | 8/20/2006 | See Source »

Raise your hand if sensitive personal information about you--or someone you know--has been reported stolen or lost by a government agency. As a slew of laptops has slipped away from Uncle Sam and some of his subcontractors, the Department of Veterans Affairs last week raised eyebrows with news that a bulky desktop computer--with thousands of Social Security numbers in it--had disappeared from a supposedly secure office. Here are some other peculiar vanishing acts...

Author: /time Magazine | Title: Please Return to Uncle Sam | 8/13/2006 | See Source »

...sorts of content - blogs, photos, videos, MP3s - to your profile page; get a few hundred thousand other "friends" to link to it and Bam! you're on the pop-culture map. Marketers may even come calling, hoping to piggyback on the exposure. MySpace's wild popularity has inspired a slew of startups to create features and applications specifically for MySpacers - like Rojo Networks' "Nooz" ticker, which links to the day's top stories, based on how many other members are reading them. In July Web humorist Ze Frank hosted an ugliest MySpace page contest; David Lehre's parody, "MySpace...

Author: /time Magazine | Title: Staying Connected | 8/3/2006 | See Source »

...FLIGHT PLANS Kayak A slew of new features makes this a compelling meta-search site useful for planning your next trip. You can search airfares to different cities simultaneously (click "multi-city search"); Fare Watch lets you track any number of trip itineraries and receive email alerts when a fare meets or beats your specified price. Kayak Buzz lists the best fares to 25 popular destinations from a specific airport, and now you can also view the "best fare history" - the 100 best prices found by other users searching the same route during the last 36 hours. The new Flexible...

Author: /time Magazine | Title: Travel and Real Estate | 8/3/2006 | See Source »

...months prior to the 2004 presidential election witnessed a barrage of those ridiculous color-coded terror alerts, quashed-plot headlines and breathless press conferences from Administration officials. Warnings of terror attacks over the Christmas 2003 holidays, warnings over summer terror attacks at the 2004 political conventions, then a whole slew of warnings of terror attacks to disrupt the election itself. Even the timing of the alerts seemed to fall with odd regularity right on the heels of major political events. One of Department of Homeland Security chief Tom Ridge's terror warnings came two days after John Kerry picked John...

Author: /time Magazine | Title: Toying With Terror Alerts? | 7/7/2006 | See Source »

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