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President Obama may have left jaws hanging with his proposed $3.8 trillion budget for the fiscal year 2011 - which forecasts a stunning $1.6 trillion deficit - but he's hardly the only member of the "spend now, pay later" club. Across Europe, governments have gotten so used to embracing debt during economically tight times such as these that some experts are starting to wonder if they will get back to viable deficit levels - much less balanced budgets - anytime soon...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

This year, Faust resumed traveling in her official capacity as University President after the economic turmoil of the past year subsided. Faust became the first Harvard president to visit the continent of Africa and will also spend spring break in Asia, where the Business School has established its first classroom abroad in Shanghai...

Author: By Tara W. Merrigan, CRIMSON STAFF WRITER | Title: Davos Conference Attracts Harvard Faculty | 2/2/2010 | See Source »

...protégé is elected, but the health scare throws a question mark over whether the 64-year-old leader has the stamina to both run the world's ninth biggest economy and stump for Dilma. He was taken into hospital last Wednesday with high blood pressure after spending a grueling day in the harsh sun of Brazil's interior. His doctors said the hypertension was an aberration caused by stress and tiredness, and released him the next morning with a clean bill of health. Still, Lula canceled his trip to the World Economic Forum in Davos...

Author: /time Magazine | Title: Could Lula's Health Affect Brazil's Succession? | 2/2/2010 | See Source »

Eldercare and end-of-life debates often hit families after decades of negotiating nothing more serious than where to spend Thanksgiving. We can be grownups with successful careers and kids of our own, yet all the old stuff ambushes us: sibling rivalry, entrenched roles and resentments, the way our family talked or didn't talk about important things...

Author: /time Magazine | Title: When Elder Care Brings Back Sibling Tensions | 2/1/2010 | See Source »

...living facility in Eugene, Ore., 10 minutes from Jeanne Walker, the daughter who has had the best relationship with their (often difficult) mother. At 59, Walker works part time as a nurse. Her older brother helps out twice a week, and their three siblings, who live in other states, spend their vacations on parent duty. When their mom complains unrelentingly, Walker calls her siblings to vent. "It makes a difference to me to feel I have their support," she says. (See the top 10 medical breakthroughs...

Author: /time Magazine | Title: When Elder Care Brings Back Sibling Tensions | 2/1/2010 | See Source »

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