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...amount such a levy would raise is unclear. If the Germans use the U.S. plan - which calls for a tax of 0.15% on liabilities at about 50 banks and other financial institutions - Germany could raise as much as $12 billion a year. Would that be enough to protect banks in the case of another meltdown? Of course, proper government and regulatory scrutiny can guard against a repeat of the recent crisis. But in the event of a disaster on a similar scale, "you're never going to get a fund big enough to cover all that," says Simon Maughan...

Author: /time Magazine | Title: In Europe, a Tax on Banks Gains Momentum | 3/26/2010 | See Source »

...researchers said that scientists hope to use cyanobacteria as a model organism to create genetically-modified designer bacteria capable of producing biofuels. Greater carbon fixation efficiency in cyanobacteria would increase the efficiency of biofuel production in these bacteria, according to the research team...

Author: By George T. Fournier, CONTRIBUTING WRITER | Title: Bacteria Patterns Aid Carbon Fixation | 3/26/2010 | See Source »

...bigger vision is one of sustainability,” said Pamela A. Silver, co-author of the study and professor of systems biology at HMS. “Ideally you could have an organism that you could program to make anything you wanted using only sunlight—you could use it, for example, to provide energy for the third world...

Author: By George T. Fournier, CONTRIBUTING WRITER | Title: Bacteria Patterns Aid Carbon Fixation | 3/26/2010 | See Source »

...Rodriguez, a 29-year old Buenos Aires-based activist. "Today, the internet is a place for social participation, right alongside rallies. But the virtual world is real, and many of us spend hours of our daily life here. Therefore, you can protest here too." (See how criminals in U.K. use Facebook to harass victims...

Author: /time Magazine | Title: Argentines Remember the Disappeared on Facebook | 3/25/2010 | See Source »

...Netanyahu's claims may have been a crowd-pleaser at AIPAC, and they went unchallenged on Capitol Hill. Still, as far as the U.S. government and the rest of the international community is concerned, Israeli construction in East Jerusalem is settlement activity. Whereas U.S. Presidents typically use words like unhelpful to describe it, on Wednesday the mild-mannered U.N. Secretary-General Ban Ki-Moon was more forthright, denouncing the new housing units planned by Israel in East Jerusalem as "illegal." Israel's claims on the parts of the city it captured in 1967 are not internationally recognized, and Netanyahu...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

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