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...Western Europe shares many characteristics with the United States, so its upcoming path will be a challenging one. But when it comes to poor countries, they are more likely to lose sleep over the rising food and other commodity prices than to suffer directly because of the evaporation of some companies in America. In fact, when America’s consumption slows down, the upward pressure on prices of scarce commodities will dwindle. Foreign countries will surely welcome appropriate restructuring of the U.S. economy (American shoppers make growth much easier in a number of countries), but they are not standing...

Author: By Jan Zilinsky | Title: Lessons from the Financial Crisis | 10/7/2008 | See Source »

...Recent events in wealthy and relatively healthy Hong Kong show just how nervous Asians have become. On Oct. 2, shares of Hong Kong's Hang Seng Bank plunged 8.9% after word began circulating it could suffer losses related to the failure of Washington Mutual in the U.S. Hang Seng officials announced the bank holds senior debt securities issued by WaMu, but called its exposure "immaterial." In September, hundreds of depositors lined up at branches of Hong Kong's Bank of East Asia after false rumors spread that the bank was in financial trouble. The run was stemmed after the bank...

Author: /time Magazine | Title: US Financial Quake Rocks Asia | 10/7/2008 | See Source »

Indeed, the study's authors say that caretakers who followed established safety guidelines were less likely overall to suffer the sudden death of a child, compared with those who tended not to take the same precautions. The study also found that when fans were used in the absence of other environmental risk factors - that is, when parents already had other safeguards in place - it had no significant additional impact on the risk of SIDS...

Author: /time Magazine | Title: Fans Reduce Infants' Sudden Death Risk | 10/6/2008 | See Source »

...accounts he has been paid to read. On the job, he drowns in the accounts he reads. He is so moved by them that he records fragments of the genocide survivors’ testimonies in his notebook, jotting down lines such as, “So much suffering we have suffered so much with them,” and, “Because I don’t want for them to kill the people in front of me,” and “For always the dreams they are there still.” The narrator cannot...

Author: By Denise J. Xu, CRIMSON STAFF WRITER | Title: ‘Senselessness’ Is Full of Sense (and Power) | 10/3/2008 | See Source »

...really think George Bush is a communist? When you make everybody suffer for the benefit of a few, that's my vision of communism...

Author: /time Magazine | Title: Anti-Bailout Ad Man | 10/3/2008 | See Source »

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