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...says sociologist Ignacio Sánchez-Cuenca, ETA expert at the Juan March Institute, a Madrid-based think tank. "But there have been a lot of important arrests recently, which means that whoever replaces Txeroki won't have much experience, and that, in turn, will make them even weaker." (See Pictures of the Week...

Author: /time Magazine | Title: Spain's Most Wanted Terrorist Caught | 11/17/2008 | See Source »

Researchers categorized cities and towns into three groups: those that had strict smoking laws prior to 2004, those with weaker laws at that time, and those with no smoking restrictions at all. They found that cities that had already had stricter laws, such as Boston and Cambridge, experienced changes in cardiovascular fatalities earlier, corresponding to when their regulations were modified...

Author: By Emily J. Hogan, CONTRIBUTING WRITER | Title: Smoking Ban Leads to Fewer Fatalities | 11/16/2008 | See Source »

...some ways, Ireland has been a victim of its own success. Rising incomes and government policy failures pumped up a housing bubble that is now deflating fast, hurting Ireland's outsized construction sector. Factor in soaring unemployment, weaker consumer spending and the gummed-up credit markets, and Ireland is facing "the most challenging fiscal and economic position in a generation," Finance Minister Brian Lenihan told parliament on Oct. 14. "We must all pull together if we are to return to more prosperous times...

Author: /time Magazine | Title: Ireland's Economy: Celtic Crunch Time | 11/12/2008 | See Source »

...front and center: the possibility of the U.S. entering a phase of deflation, or protracted declines in the general price level. In its statement accompanying the most recent interest-rate cut, the Fed said, "In light of the declines in the prices of energy and other commodities and weaker prospects for economic activity, [the Fed] expects inflation to moderate...

Author: /time Magazine | Title: The Rising Threat of Deflation | 11/6/2008 | See Source »

...protracted, Japan-like stagnation); saucer (stagnation with a very weak recovery). A V-shaped recession now seems highly unlikely. The U.S. housing sector continues to deteriorate, eroding consumer confidence and wealth. Private investment is in free fall, and personal consumption (which accounts for 70% of U.S. GDP) is getting weaker and weaker...

Author: /time Magazine | Title: Looking for the Bottom | 11/6/2008 | See Source »

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