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...great buy-off may prove to be a temporary fix, given that the government's beneficence is tied to surplus funds engendered by high oil prices. Polls show that 50% of Iranians plan to vote in next week's presidential election, compared with 66% in 2001. Lower turnout matters in a system that cares about public opinion, but that has long stopped being a concern of the Islamic republic. The regime is cunning enough to dispense new social liberties carefully, with periodic perfunctory raids reminding young people that they are being given freedom and shouldn't confuse it with...

Author: /time Magazine | Title: Fast Times in Tehran | 6/6/2005 | See Source »

...hype around the hydrogen economy, there appeared to be very little to show for it in practice," says Sandy Macaulay, project manager for PURE (Promoting Unst Renewable Energy) and Bonxies lead guitarist. Two 15-kW wind turbines provide cheap and clean electricity to the island's industrial estate. Surplus power goes through hydrogen production and storage equipment, and the zero-carbon gas is bottled for future use. PURE hopes to expand hydrogen's applications beyond powering and heating the small industrial estate and running Scotland's only road-licensed hydrogen car. Up to five days' worth of power...

Author: /time Magazine | Title: Everyone Knows It's Windy | 5/29/2005 | See Source »

...large U.S. oil company would further complicate an already tense trade relationship between the U.S. and China. U.S. Treasury Secretary John Snow kept up public pressure on Beijing last week to revalue its currency, the renminbi, a move that Washington believes would brake China's surging trade surplus. China has also announced tariffs on its own exports of textiles to pre-empt possible moves by Europe and the U.S. to protect home markets. In this environment, the purchase by a state-owned Chinese oil producer of a U.S. rival no doubt would stir controversy. But in the global oil patch...

Author: /time Magazine | Title: China: The Great Grab | 5/29/2005 | See Source »

While the tax cuts came under fire when the budget surplus turned into a deficit, Hubbard has publicly defended Bush’s tax cuts and his stance on the economy...

Author: By Daniel J. T. Schuker, CRIMSON STAFF WRITER | Title: Columbia Dean May Be Tapped | 5/11/2005 | See Source »

Naturally, the logistics involved in setting up this kind of process makes its implementation by the end of this year highly improbable. For that reason, the College should today grant the Darfur Action Group its request to let students donate their surplus Crimson Cash to GIF, with the understanding that a more permanent, more inclusive system of humanitarian swiping will be developed for the 2005-2006 school year...

Author: By Adam Goldenberg, CRIMSON STAFF WRITER | Title: Getting Carried Away | 5/9/2005 | See Source »

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