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...declines started dropping (that is, the housing situation looked to be moving from really bad to less bad). That momentum didn't stick, though, owing to the broader economic downturn. This time around, a first-time homebuyer tax credit is giving a huge boost to the market - nearly a third of buyers now fall into that camp. If the feds don't extend that tax credit when it sunsets at the end of November, will the current housing-recovery momentum peter? It's a great question with an unknowable answer...
...early 1880s, the first oil tankers were allowed to pass through the Suez Canal, and the modern shipping system was born. Today crude oil travels in tankers that can carry up to 4 million bbl. With daily world demand at about 85 million bbl., petroleum represents about a third of all international cargo. And even though the commodity is also measured in kiloliters (in Japan) and metric tons (in Russia), thanks to whiskey, the units are always converted to the 42-gal. barrel for trading and selling. (Watch the video "In Ecuador: Oil-Eating Mushrooms...
There are also those who say the entire tabulation process is inherently flawed. Ramazan Bashardost, the parliamentarian and anti-corruption maverick who ran third in exit polls, says the Electoral Complaints Commission is breaking the law by releasing figures before completing its investigation into alleged vote-rigging. (The head of the commission, Aziz Ludin, said the decision to release preliminary figures is within the letter of the law, adding that it was agreed upon at an internal commission meeting - in part to steer clear of the kind of controversy that marred the 2000 U.S. presidential election.) Bashardost tells TIME that...
...student was found dead from a propofol overdose, the syringe still stuck in his arm. Since then he's followed cases of professionals, and a handful of non-professionals, who have abused the drug. Even the professionals he has studied have high mortality rates with the drug, with a third of the abusers dying from it. The small pool of non-professionals fare worse. "I've never found a non-medical person abusing this drug that has ever lived," says Wischmeyer. Propofol's potency leaves very little margin for mistakes. "The terrifying thing about this drug is that it might...
...points to the Four Seasons hotel chain, which still charges premium prices for its rooms but started offering deals that let you buy a two-night stay and get a third one free. The hotel, in effect, is lowering its prices. But when things improve, it will be easier for consumers to accept the end of the free-room deal than a sudden spike in prices. We know you can't give away rooms, but how can you jack prices up another $30? Although Abercrombie holds seasonal clearance sales, it shuns such regular promotions...