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...appear to spread easily among people. It has been transmitted between humans only in rare cases, usually among family members in close conditions. But the fear has long been that if bird flu genetically mixed with human flu - in a process called reassortment, in which two flu viruses swap genes in an infected cell - it could create a new strain that is both deadly and transmissible, as illustrated by the new PNAS study. That's how many past pandemic viruses, including 2009 H1N1, were created, leading to new strains to which humans have no natural immunity...

Author: /time Magazine | Title: After H1N1, Researchers Warn of a Potential New Superbug | 2/22/2010 | See Source »

...Wednesday, a congressional hearing again probed the moves and possible mistakes the government made when it rescued the insurer. At the center of the hearing, which was held by the House Committee on Oversight and Government Reform, were the payments that AIG made to banks that bought credit-default-swap (CDS) bond insurance from the firm. Members of the panel grilled Treasury Secretary Timothy Geithner, head of the Federal Reserve Bank of New York in late 2008, as to why he allowed AIG to pay the banks the starting value of the CDS contracts when the bonds had fallen significantly...

Author: /time Magazine | Title: Could the U.S. Have Saved Billions on AIG Rescue? | 1/27/2010 | See Source »

...week later, the Boston Redevelopment Authority approved after much debate a plan to relocate the Charlesview Apartment complex—a concrete cluster of 213 low-income housing units located near the Business School—into the heart of North Allston as part of a land swap agreement between Harvard and the Charlesview Board of Directors. The plan, which received approval from Boston’s Zoning Commission last week, has long been the subject of impassioned community discussions and has endured heated criticism from some neighborhood residents...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Allston Residents Forge Ahead | 1/17/2010 | See Source »

...institutional investors from the U.S., Europe and Australia who represent more than $13 trillion in assets called for Congress and other policymakers to take swift action, principally through a cap-and-trade bill, which would limit the amount of carbon industry can produce and allow manufacturers to buy and swap credits, so that those who come in under the limit can sell polluting permits to those who exceed it. It's speculative capitalism with a bright green tint. For the idea to work, the private-investment community needs TLC from government policy: transparency, longevity and certainty. "That's what investors...

Author: /time Magazine | Title: After Copenhagen, Getting Business into Green Tech | 1/15/2010 | See Source »

...Egypt, with Washington's help, shuts down all the tunnels into Gaza, then it is not only Hamas that will suffer - the tunnels are the only lifeline for vital, everyday goods for all Gazans. So unless Netanyahu sees fit to ease the squeeze on Gaza after the prisoner swap for Shalit, the privations faced by Gaza's Palestinians are bound to get a lot worse...

Author: /time Magazine | Title: One Year Since Israel's Offensive, Gaza Still Suffers | 12/28/2009 | See Source »

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