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...that's the optimistic view. The reality is that even though governments at Copenhagen agreed to keep global temperatures from rising more than 2°C this century, the carbon-emissions cuts they've promised are not nearly steep enough to achieve that goal. And while tens of billions of dollars have been pledged to help developing nations cut carbon and adapt to climate change, the mechanism for delivering that money isn't clear...

Author: /time Magazine | Title: Climate Accord Suggests a Global Will, if Not a Way | 2/2/2010 | See Source »

...central component of the bill is the individual mandate on everyone to buy healthcare insurance. This poses an immediate and steep cost for young people who do not have access to steady income or employer benefits. Harvard’s Student Health Plan, which is required for all students, even those with family health plans, was a product of the current Massachusetts healthcare bill that includes a personal mandate,. Students now incur a minimum of an additional $1000 per year cost added on the term bill, and roughly triple that for those who subscribe to Harvard’s Blue...

Author: By James L. Wu | Title: Obamacare Good for Us? | 1/29/2010 | See Source »

...last weekend's new offerings, the dystopian vampire drama Daybreakers and the Michael Cera comedy Youth in Revolt lost way more than half their original grosses to pratfall out of the top 10. The drop for Amy Adams' rom-com Leap Year was not so steep; it stayed on the heels of the similar, more star-laden It's Complicated. The two big Christmas hits, Alvin and Sherlock, remained in the top five, while The Blind Side, the Sandra Bullock sports weepie that has been in the top 10 for nine consecutive weeks, is still the season's sleeper smash...

Author: /time Magazine | Title: Avatar Weekend Five: Cameron Burns Eli | 1/17/2010 | See Source »

Pawnshop companies make money by giving short-term loans to customers who offer jewelry, electronics, tools, musical instruments and other merchandise as collateral or by purchasing merchandise outright from customers at a steep discount. Loan terms are typically one to three months in length, with customers expected to cough up monthly storage and loan-servicing fees of 10% to 20% a month. If a customer fails to make a monthly payment, the pawnshop, following a grace period, can sell the item. (See the five big questions about retirement...

Author: /time Magazine | Title: Pawnshops Flourish in Hard Times, Drawing Scrutiny | 1/14/2010 | See Source »

...care spread from Capitol Hill to town halls nationwide, as President Obama made reforming the $2.5 trillion industry his top domestic priority. At public meetings with lawmakers, angry voters denounced the supposed creeping influence of government in their lives. Democrats, meanwhile, struggled to sell a pricey overhaul amid a steep economic slump. Despite the poisonous debate, the pro-reform camp notched victories. On Nov. 7, the House passed a sweeping bill by a slim, five-vote margin. With Senators still haggling over their $848 billion measure, a final vote may be pushed...

Author: /time Magazine | Title: The World | 12/28/2009 | See Source »

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