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...developed countries have generally reduced their dependence on oil as services have replaced manufacturing, while central banks have become smarter about nipping inflation in the bud. And critically, China's status as the low-cost workshop of the world helps lower prices?and keeps them down?for everything from underwear to DVD players. "If you had asked two years ago where the economy would be if oil hit $65 a barrel, we would have been far less upbeat than we are today," says Mark Wall, a London-based European economist for Deutsche Bank...

Author: /time Magazine | Title: Roll Out the Barrel | 8/29/2005 | See Source »

When not tossing and turning through dark stormy nights in pretty lacy underwear and barely-there white tees, Hudson decently delivers the stale dialogue handed her. About to enter a suspicious shop with her best friend, “Jill the Thrill” (Joy Bryant), she taunts, “You’re scared? ‘Jill the Thrill’ is scared...

Author: By Margaret M. Rossman, CRIMSON STAFF WRITER | Title: ‘Key’ Fails to Lock Audience | 8/12/2005 | See Source »

...high-profile London groupie paid a backstage call last week on ROB LOWE, who was rehearsing for a West End production of A Few Good Men. "I've got my underwear on, and someone says, 'You have a visitor,'" says the ex-West Wing star. "Striding toward me, I see Tony Blair." The day before, Lowe told reporters that more Americans should visit London to show solidarity following the bombings. The British PM sought Lowe out to thank him. Lowe now becomes Britain's prettiest spokesperson since Princess...

Author: /time Magazine | Title: How Long Before Rob is Knighted? | 7/31/2005 | See Source »

Some of the pictures he took are almost lighthearted. In one, a guard is caught napping in a patch of sunlight; in another, seven hostages are dining in a kitchen, a kettle on the stove, a yellow shirt and underwear drying in the window. But Hill also aimed his camera in earnest, particularly on one occasion when he was able to reach the roof of the building in which he and his fellow hostages were being held, and photographed the neighborhood. "I hoped to take pictures that investigators could use in the future to pinpoint our location," he said...

Author: /time Magazine | Title: Postscripts: Photo Finish | 6/21/2005 | See Source »

Question: What do 3,614 journalists do in a picturesque Swiss city when a couple of bigwig visitors declare a news blackout? Answer: They pester government spokesmen about whether Ronald Reagan was secretly recording his talks with Mikhail Gorbachev (no) and how Nancy Reagan coped with the cold (long underwear). In this summit of images, the quintessential picture of the press may have been the pack that gathered around the President as he walked into a reception held by the Swiss government. "Have you agreed on anything?" they shouted. "Can't say," Reagan replied puckishly, throwing up his hands...

Author: /time Magazine | Title: Filling Up the Empty Hours | 6/21/2005 | See Source »

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