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...world should have learned anything from the worst economic downturn since 1945, it is to heed those who warn that danger is ahead - and to listen to those who argue that it is precisely the least expected catastrophe (a "black swan," as they are now known after Nassim Nicholas Taleb's 2007 book of that name) that can do the most damage. That does not mean we should all live, risk averse, cowering in a cave of our own making. It does mean that it behooves us to listen to those who, based on knowledge and insight, warn...

Author: /time Magazine | Title: The Moment: L'Aquila | 4/20/2009 | See Source »

...analysts in Moscow warn that the insurgency problem in the region is far from finished, and express concern that the decision gives even more control to the heavy-handed Kadyrov. "It's not a victory for Moscow, it's a compromise," says Alexei Malashenko, an analyst at the Carnegie Moscow Center. "For Russia, it's necessary to save the money spent on assistance to Chechnya because of the [economic] crisis. For Kadyrov, he now has the chance to become a dictator." (See pictures of Putin's patriotic youth camp...

Author: /time Magazine | Title: Russia's Chechnya Pullout: Compromise Over Victory | 4/20/2009 | See Source »

...taps. The drought was caused by the biggest stoppage in the city's main reservoir system in recent years to ration its depleting supplies. Government officials hope this and four other stoppages will keep water flowing until the summer rainy season fills the basins back up. But they warn that the Mexican capital needs to seriously overhaul its water system to stop an unfathomable disaster in the future. (See pictures of the world water crisis...

Author: /time Magazine | Title: Dry Taps in Mexico City: A Water Crisis Gets Worse | 4/11/2009 | See Source »

...question the human experience. Zombie movies, he says, confront the natural propensity to empathize with human-like figures. “They address the big existential questions: what makes one human? Not human?” he explains. Schlozman also notes the moral lessons implicit in these movies. They warn of radiation risk and the dangers of conducting experimental tests on diseases; they offer a satirical commentary on governments that stand idly by in the midst of an apocalypse; they blatantly attack the emergence of materialistic tendencies even under dire circumstances.While Scholzman seeks to interpret the psychology of why viewers...

Author: By Will L. Fletcher, CRIMSON STAFF WRITER | Title: 'Science on Screen' Reanimates the 'Living Dead' | 4/10/2009 | See Source »

...Economists generally see the stimulus package as a positive. But some warn that it might not go far enough in generating domestic demand. Shinichi Ichikawa, chief strategist at Credit Suisse Tokyo, says that the government has failed to articulate "a philosophy to change the Japanese economic structure." The program doesn't do enough to reform the economy so that consumers will save less and spend more on a permanent basis, he says, which means growth will remain overly reliant on the performance of a handful of top companies such as Toyota Motor, the world's largest automaker. "I think...

Author: /time Magazine | Title: Japan Plans Another Boost to Stimulus Spending | 4/10/2009 | See Source »

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