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...according to geography. "The U.S. economy is on steroids," said a worried Pascal Blanque, chief economist at the French bank Credit Agricole. Blanque fears an America bulking up on dangerous deficits, a lax monetary policy and the falling dollar. "The European economy is on tranquilizers," retorted Laura D'Andrea Tyson, dean of the London Business School and former chair of the Council of Economic Advisers in the Clinton Administration. She argues that Europe is both too complacent about its weak growth and strong common currency, and too slow to boost its international competitiveness in response to surging U.S. and Chinese...

Author: /time Magazine | Title: Board of Economists: Growing, At Last | 11/14/2007 | See Source »

...real goal of the system. Farmers rightfully complain that they don't set food prices; they only receive a few pennies from the sale of every loaf of bread or box of cornflakes. When commodities are cheap, the main beneficiaries are well-heeled grain -and-livestock processors like Cargill, Tyson and Archer Daniels Midland. No, the real goal has always been to protect farmers from the vagaries of the weather and the market. Farming is indeed a risky business--most businesses are risky businesses--and farm policies have tried to reduce that risk by any means available. The result...

Author: /time Magazine | Title: Why Our Farm Policy Is Failing | 11/2/2007 | See Source »

...columns, price-gouge cafes, scores of niche Italian luxury brands - and almost no customers. Holyfield engaged in several rounds of shadow boxing in a ring erected awkwardly between the silks and crystal. Cameras shuttered away as the sparse Russian crowd ogled the man best known internationally for the Mike Tyson-made chunk that's still missing from the rim of his right ear. After Holyfield came Ibragimov, a champion whose humility bleeds into a bashfulness that sees him shy away from the cameras, even though he wears the belt of a champion...

Author: /time Magazine | Title: Russia in the Boxing Ring | 10/16/2007 | See Source »

...Games, U.S.A. Track and Field will pump up the next generation of stars, and tell us how they'll put all this sorry history behind us. Well, I heard that storyline back in 2004; how, with good conscience, can I buy it again? The world's two top sprinters, Tyson Gay of the United States and Asafa Powell, the 100-meter world record holder from Jamaica, have a nice little rivalry, and you'll hear about it ad nauseam in the months before the '08 games. But it's hard for me to get too excited about it. Sure...

Author: /time Magazine | Title: Feeling Betrayed by Marion Jones | 10/5/2007 | See Source »

...heroes of broadcast journalism, Walter Cronkite and Morley Safer. Amr Khaled, the televangelist from Egypt, spoke passionately about young Islamic men and women who want peaceful co-existence with the rest of the world, and asked us to reach out our hands to them. Astrophysicist Neil deGrasse Tyson spoke of how astronomer Carl Sagan had generously offered his time and advice when Tyson was just a 17-year-old from the Bronx. Richard Branson talked about how the tolerance and humor of South African Archbishop Desmond Tutu could help heal the world's divisions...

Author: /time Magazine | Title: An Event to Remember | 5/10/2007 | See Source »

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