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...rates soon.) The big question is whether the dollar will continue its decline over the next several months, or whether the recent fall is a temporary blip. A sustained, larger drop would make U.S. exports more competitive and help reduce America's yawning trade deficit - but it would also stir up inflation, as well as crimp the profits of European firms and hurt economic growth there. It also risks bringing heightened volatility to world financial markets. U.S. Treasury Secretary Henry Paulson, for one, thinks that's a bad idea. "A strong dollar is clearly in our nation's best interest...

Author: /time Magazine | Title: Dollar Doldrums | 12/3/2006 | See Source »

...helps that he makes biotechnology fun. Next promises to stir the debate over treating humans like animals and making animals more human and over what it means that corporations are gaining control over our cells. Embedded in real ads for the book are fake ads for NEXTgencode, the "industry leader in personal genetic life enhancement." A faux-corporate website www.nextgencode.com, complete with a picture of a sinister company headquarters, lets you browse the product line and see the "specials" on a gene for glossier hair or sharper vision or "BLSHt, for better verbal facility." You can meet the "staff," including...

Author: /time Magazine | Title: Have You Heard the News? It's in a Novel | 11/28/2006 | See Source »

...both toning up, with the muscular new Casino Royale, and looking back, with this multi-DVD pack of all 20 of the "official" films, with the first five of the superspies. The Bond tropes may be as codified--and believable--as Kabuki, but the films can still shake and stir...

Author: /time Magazine | Title: 6 DVD Sets To Get | 11/19/2006 | See Source »

...aides that he loved what he was seeing and regretted he would never be able to come to a place like this as a normal tourist. Instead he pursued a fairly restricted itinerary, visiting the U.S. military's Joint POW/MIA Accounting Command and skipping the Turtle Temple and the stir-fried camel. Asked at a briefing why the President wasn't out more among the people, National Security Adviser Steve Hadley said the motorcade routes through the heart of the city meant that the President was "in the midst of the Vietnamese people all the time" and added that Bush...

Author: /time Magazine | Title: Escaping Washington, But Not Escaping Iraq | 11/19/2006 | See Source »

While reporters like to stir the pot and focus on the catfights, they don't seem to grasp that these are two seasoned professionals working at the highest level of American government with skin so much thicker than the rest of us. As Bush noted in his press conference on the day after the election, "This isn't my first rodeo." Or as my mother has always told me, "This business comes with a free head clipping. Every time you stick your neck out, they come around...

Author: /time Magazine | Title: My Mother, My President | 11/12/2006 | See Source »

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