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But is this kind of big-money speculation by hedge funds and private-equity funds generally beneficial, or can it exacerbate an already bad situation in the real economy, just as derivatives did in the case of the subprime-mortgage meltdown?

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

But one of the biggest gaps in climate science is our understanding of how the major ice sheets of Greenland and Antarctica will respond to warming temperatures. The science is so foggy that the Intergovernmental Panel on Climate Change - which recently came under attack for hyping the impacts of global...

Author: /time Magazine | Title: Glaciers: Changing at More Than a Glacial Pace | 2/11/2010 | See Source »

It remains to be seen whether the strong message of support will have the intended effect. The euro rallied early in the day but then fell 0.9%, to below $1.36, as traders criticized the lack of details in the rescue package. E.U. officials insist that although the specifics still need...

Author: /time Magazine | Title: E.U. Comes to Greece's Rescue, with Strings | 2/11/2010 | See Source »

Despite the looming confrontation, behind the scenes, Iran's opposition appears to be exploring the possibility of a compromise. Much of the speculation has centered on the possibility that former President Akbar Hashemei Rafsanjani - a wily power broker who's managed to hold the ever narrowing middle ground between the...

Author: /time Magazine | Title: Iran's Opposition: Confrontation or Compromise? | 2/1/2010 | See Source »

Following three weeks of speculation, Cambridge City Councillor Marjorie C. Decker officially announced yesterday her candidacy in the May 11 special election for former State Senator Anthony D. Galluccio’s currently vacant seat.

Author: By Tara W. Merrigan, CRIMSON STAFF WRITER | Title: Decker Seeks State Senate Seat | 1/27/2010 | See Source »

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