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...were buying into international banks, Saudi Arabia was purchasing U.S. government bonds, or paying down its debt. The country can tap into those liquid assets while its neighbors are struggling to sell their investments in banks, equities and companies - Saudi's debt now stands at just 13% of the total size of its economy...

Author: /time Magazine | Title: Saudi Arabia's Lessons Learned | 5/25/2009 | See Source »

...they joined their State Department colleagues in outrage when the Bush Administration at first took a confrontational approach with the DPRK. Bush's hard-line stance, the critics believe, prompted Pyongyang to kick-start nuclear-weapon production. Intelligence analysts in Washington and Seoul believe that North Korea increased its total arsenal from one or two nukes to seven or eight during Bush's time in office...

Author: /time Magazine | Title: North Korean Nuke Test: What Good Is Diplomacy? | 5/25/2009 | See Source »

...nonprofit, Harvard also benefits from tax-deductible donations and a significant amount of federal grant money. Last year, Harvard received $651 million in donations. If donations to Harvard were not tax-deductible, this number would be a small fraction of this total. According to Harvard’s Office of Government, Community, and Public Affairs, Harvard received $535 million in federal grants in fiscal year 2008 that accounted for 82 percent of Harvard’s research revenue. Under the federal stimulus package, federal grants to Harvard are expected to increase considerably. Non-federally funded research is made possible through...

Author: By Laura M. Binger, John F. Bowman, and Benjamin J. Oldfield | Title: Harvard’s Role As a Nonprofit | 5/21/2009 | See Source »

Coburn, a practicing physician, disputes Blendon's analysis of his bill. "In the vast majority of cases, our credit will more than cover an employee's share of a health plan's cost, which is about a third of a plan's total cost, or $4,000," Coburn says. The plan would also aim to move people off of medicaid, giving low-income Americans subisidies to purchase their own coverage. "The people who will benefit the most are the people who need help the most - low-income families and the unemployed. If you don't have...

Author: /time Magazine | Title: The Republicans Weigh In with a Health-Care Plan | 5/21/2009 | See Source »

...plenty of other treasures are not on lockdown. The Archives, created by Franklin Roosevelt in 1934, keep only the 1% to 3% of government documents and material considered important enough to be saved forever. Still, that adds up. The total currently includes 9 billion pages of text records, more than 20 million photographs, 7.2 million maps, charts, and architectural drawings, and more than 365,000 reels of film. Arranged side by side, the library's inventory would circle the Earth more than 57 times...

Author: /time Magazine | Title: The National Archives | 5/21/2009 | See Source »

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