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...slash interest rates to support growth and unfreeze financial markets. Now, as an economic recovery emerges, governments are hoping for another coordinated effort to exit from their massive stimulus plans, including near-zero interest rates. That intention was clearly laid out during the September G-20 summit in Pittsburgh, Pa. The leaders of the world's 20 most influential economies pledged to "withdraw our extraordinary policy support in a cooperative and coordinated...

Author: /time Magazine | Title: Can the World Agree on a Stimulus Exit Plan? | 10/22/2009 | See Source »

...person outfit like Bossa Nova, or 100 firms like it, will never replace the jobs at the big steel plants that once defined Pittsburgh. Palmer and Skaff wanted best-in-class manufacturing; for robotic toys, that means China. But Skaff says Bossa Nova is by no means constrained by child's play. He sees a company that can grow with its customers. "As the children age, they will be familiar with our toys," he says. "We will introduce robots that accompany them in their lifestyles." In other words, personal robots, born in Pittsburgh...

Author: /time Magazine | Title: Serious Child's Play | 10/19/2009 | See Source »

...parents' share of responsibility in weight gain isn't always easy to judge. "It's unfair to blame solely the parents, when there's a myriad of other factors influencing a child's weight," says Dr. Dana Rofey of the University of Pittsburgh, whose weight-management clinic is regularly called on during custody battles in which one divorced parent blames the other for making a child obese. She says contributing factors include not just genetic predisposition and socioeconomic status but also environmental factors, like whether children have access to parks and playgrounds. Rofey also sees children of all ages sneaking...

Author: /time Magazine | Title: Should Parents of Obese Kids Lose Custody? | 10/16/2009 | See Source »

...strong arm of the conservatorship is felt in everything from Spears' curtailed spending to the weeding out of people who are considered bad influences. Even her downtime on the tour was carefully choreographed. When Spears' tour bus pulled into Pittsburgh, Pa., in March, the manager of the local Mad Mex restaurant didn't think twice about Spears' advance team's request: no flash photography, and her tables were not to be offered Red Bull or alcohol. Hard to argue with the results: a low-key meal devoid of drama. The most exciting thing the manager had to say was that...

Author: /time Magazine | Title: After the Crash: How Britney Spears Got Back on Track | 10/14/2009 | See Source »

...then on Sunday, he dropped the abbronzato bomb again. Having returned from the G-20 meeting in Pittsburgh, he told supporters in Milan that he carried greetings from "someone tan, what's his name? Barack Obama!" Not satisfied, he continued, "You will not believe it, but the two of them went together to get some sun at the beach, because the wife is also tanned...

Author: /time Magazine | Title: What Berlusconi's Obama 'Jokes' Say About Italy | 10/1/2009 | See Source »

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