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...Perhaps, then, it's only fitting that Greek government debt is the biggest threat to global financial stability today. Warning that Greece was in "critical condition," Prime Minister George Papandreou recently said that his country "faces the risk of sinking under its debt." Jitters over a potential Greek default have punished the value of Europe's common currency, the euro, and driven down stock markets around the world. Policymakers worry that Greece's woes will spread to other weaker members of the euro zone, such as Portugal, Ireland, Italy and Spain - a collection of countries traders have nicknamed the PIIGS...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...focus has been to pressure them everywhere—we did a much better job of that today,” Stone said. “We changed our forecheck a little bit, and our kids are just, they’re going. There’s no hesitation. Give a team like [Princeton] some time and they’re going to hurt you...so we’re trying to take away as much...

Author: By Kate Leist, CRIMSON STAFF WRITER | Title: Stone Breaks All-Time Wins Mark as Women's Hockey Tops Princeton | 2/27/2010 | See Source »

...produce a tsunami, a powerful wave that travels from the epicenter of the temblor across the ocean basin. That's what happened in 2004, when a 9.3-magnitude quake off the Indonesian island of Sumatra triggered a devastating tsunami, and that's is what's likely to happen following today's 8.8-magnitude quake off the coast of Chile. (See the latest photos of the earthquake in Chile...

Author: /time Magazine | Title: Explainer: Why Chile's Quake Wasn't Unexpected | 2/27/2010 | See Source »

Temblors in the Ring of Fire are so common that a 7.0-magntitude quake hit Japan's Ryuku Islands yesterday. Today's Chilean quake occurred on one of the more powerful fault lines in the region, where the underwater Nazca Plate in the Pacific gradually submerges beneath the westward moving South American plate. The border between these two plates is known as a thrust fault, and the sudden rubbing of the plates against each other resulted in an earthquake that ripped across an estimated 400 miles of the fault. With a Richter scale magnitude of 8.8, the Chilean quake...

Author: /time Magazine | Title: Explainer: Why Chile's Quake Wasn't Unexpected | 2/27/2010 | See Source »

Chile, however, is no stranger to major earthquakes. In 1960, a 9.5-magnitude temblor - the strongest quake ever recorded by scientific instruments - hit the Chilean city of Valdivia, killing nearly 2,000 people. And although today's quake is the strongest in the last half-century to hit Chile, the country has had 13 quakes of 7.0 or higher on the Richter scale since 1973. That geologic history helps explain why building codes are far tougher in Chile than they are in Haiti, which should help limit the number of casualties from today's quake. So far, 147 people have...

Author: /time Magazine | Title: Explainer: Why Chile's Quake Wasn't Unexpected | 2/27/2010 | See Source »

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