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Bernanke's comments to Congress were not particularly useful because they did not increase the country's understanding of America's economic problems. The recovery is about to begin. It will be slow. Unemployment will stay high for a long time. It is still a risky period. One or two missteps and the ground the economy could gain would then be lost...
Unemployment could be nearly 10% by mid-year, and it could stay at that level for several quarters. That is clearly not part of Mr. Bernanke's forecast. It is not in the model because it has not happened since the recession of the 1980s and employment improved fairly quickly after hitting a peak at just over 10%. That recession twenty five years ago was not as bad as this one, at least according to experts. Amateur economists might believe that a worse recession would probably cause worse unemployment...
Some public-health experts say this kind of user-fueled data-tracking may start to help government health officials' efforts to recognize outbreaks. Real-time warnings would allow authorities to stay well ahead of potential pandemics, prepare local populations with appropriate prevention and treatment, and reduce overall illness and deaths. The Google Flu Trends service, which was launched in the U.S. in collaboration with the Centers for Disease Control and Prevention (CDC), is now working with Mexican officials to track search trends in that country. The goal is to help authorities discern whether and where the disease is spreading, getting...
...Tanzania, and more elephants feed outside the protected area than in it. "Wildlife is just as good as any other gold," says Jackson Looseyia, 41, one of the first Masai to work as a guide in the reserve and co-owner of Rekero, the eight-tent camp where we stay the night...
...built. The company has committed to producing cars for the first 100,000 owners, who will be selected through a lottery, by the end of 2010. The rest of the buyers are on indefinite hold. They can cancel their bookings and get their money back. Those who choose to stay in line will be paid interest on their deposits by Tata Motors while they wait...