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...trillion-dollar repair bill, taxpayers got a rotten deal in the financial meltdown. How to make sure they're not forced to pay a second time is unclear. A levy on financial-market transactions, stretched beyond foreign-currency trades to cover stocks, derivatives and other clever instruments, might offer twin benefits. By slapping an additional fee on each transaction, the tax "would naturally drive [investors] toward those that are more sensible, more profitable, more rational," suggests Julian Jessop, chief international economist at the consultancy Capital Economics in London. What's more, even a modest levy on the world's financial...

Author: /time Magazine | Title: Britain's Idea to Tax Financial Transactions | 11/13/2009 | See Source »

...diagnostic tool for identifying who might have a propensity for obesity. If, for instance, your gut environment contains a preponderance of Firmicutes, then your body may be predisposed to digest calories in a way that leads to greater fat storage. In fact, in Gordon's earlier work with identical twins of different weights, he found that the obese twin tended to have more Firmicutes colonies than the leaner...

Author: /time Magazine | Title: Another Cause of Obesity: The Bacteria in Your Gut? | 11/12/2009 | See Source »

...Sunni rebel group claimed responsibility for the meticulously planned twin suicide bombings on Oct. 25 that killed more than 155 people, including 30 children, just outside Baghdad's Green Zone. The attack--Iraq's deadliest since April 2007--circumvented the stringent security measures in the city's heavily protected core and heightened fears that the country's fledgling government may not be ready for January's parliamentary elections and the withdrawal of U.S. troops next year. The bombings came two months after blasts near the Foreign and Finance ministries left 100 people dead...

Author: /time Magazine | Title: The World | 11/9/2009 | See Source »

...legislation proposes billions to repair and protect the largest estuary on the West Coast. The twin goals of the legislation are a massive restoration of the Delta's ecosystem, a project akin to saving the Everglades in Florida, and a new modern conveyance system to move water through the Delta and around the state with conservation and efficiency. It is an intricate one as well because the giant pumps that speed water to state and federal aqueducts have played a part in bringing the Delta to the verge of ecological collapse in the first place...

Author: /time Magazine | Title: California's Plan to Keep the Water Running | 11/7/2009 | See Source »

...music coming out of my hands and feet!” Similarly experimental, the bluesy “4 Chords Of The Apocalypse” opens as a keyboard-fueled shuffle before devolving into a grungy rave-up in the chorus with Casablancas shredding his vocal chords over churning twin-guitar solos. The closer “Tourist” resembles the Led Zeppelin classic “Kashmir,” featuring its galloping drumbeat and Middle Eastern-sounding, snake charming guitar lines that rhythmically shift to accomadate the addition of space age synths. Casablancas’ experimental instincts...

Author: By Zachary N. Bernstein, CONTRIBUTING WRITER | Title: Julian Casblancas | 11/6/2009 | See Source »

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