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hate • summer...

Author: /time Magazine | Title: This Preposterous Week! Paul Slansky's News Index | 8/14/2009 | See Source »

...Earlier this summer, many mining-industry analysts were skeptical that China would actually act against the proposed Rio-BHP tie-up. They assumed the Ministry of Commerce was just venting after the Chinalco deal failed. But a banking source with close ties to the Australian mining industry says that perception is wrong. "The antitrust review is real, and right now if I had to bet, I'd bet that [the Rio-BHP Billiton iron-ore tie-up] doesn't happen. The Chinese are going to block...

Author: /time Magazine | Title: China vs. Rio Tinto: The Confrontation Isn't Over | 8/14/2009 | See Source »

...negotiations are being conducted on Beijing's side by the Chinese Iron and Steel Association, they are, in fact, being run straight out of Premier Wen Jiabao's office. And Wen, says the banking source, has "not been a happy man" since the Chinalco deal fell apart earlier this summer. Don't misread, in other words, the absence of the state-secrets charge against the Rio Four as evidence that the extraordinary face-off between China and one of the world's most powerful global companies is now tapering off. Wen has other cards to play, and the confrontation...

Author: /time Magazine | Title: China vs. Rio Tinto: The Confrontation Isn't Over | 8/14/2009 | See Source »

When the sharp abdominal pain hit me earlier this summer, I thought it might be appendicitis. By the time I arrived at the emergency room of a nearby private hospital here in Miami, the pain was excruciating. I wanted to die - no matter what it cost...

Author: /time Magazine | Title: The Case of the $12,000 Kidney Stone | 8/13/2009 | See Source »

...ordinary as a kidney stone just doesn't make sense and points up what they call the rampant U.S. practice of "defensive medicine": ordering excessive treatment out of fear of being sued for malpractice, which in turn points up how important malpractice reform is, as President Obama acknowledged this summer. "It underscores the problem of healthcare over-utiization," says Linda Quick, president of the South Florida Hospital & Healthcare Association. "We have to change the way we pay for care and set more appropriate ceilings...

Author: /time Magazine | Title: The Case of the $12,000 Kidney Stone | 8/13/2009 | See Source »

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