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...crown and start using XML, which forms the basis of Microsoft's .Net software. Much the same thing is happening with the XP version of Windows Media Player, which Microsoft has just announced will support the MP3 format - as long as you download a plug-in and pay an extra $15 for the privilege, that is. Otherwise, all your WMP digital music will be in Microsoft's proprietary format...

Author: /time Magazine | Title: Microsoft Tries to Decaffeinate the Web | 7/18/2001 | See Source »

...That's where the $300 comes in, or so the plan goes. Consumers bank the dough and immediately head out to stores, buying goods and services that put that $40 billion to work. Third-quarter (that's July to September) GDP growth registers an extra half-point or more, keeping the recession at bay, and George W. Bush comes off looking like his tax cut just saved the world...

Author: /time Magazine | Title: Uncle Sam Wants You to Spend Your Rebate | 7/17/2001 | See Source »

...good news (there's always some) is limited. If you exclude energy prices, inflation is within tolerable limits. American consumers will shortly receive tax rebates, which will pump some extra demand into the system. And interest-rate changes have a "lagged" effect on the real economy, which means that they do not show results until some months after their announcement. Conceivably, the impact of the Fed's cuts is yet to be felt...

Author: /time Magazine | Title: A Bad Drug For Trade Ills | 7/16/2001 | See Source »

...Greenhouse damage" per extra ton of carbon we add to the sky. (The figure, from economist David Pearce, is not the cost to clean the air, nor the benefit of cars, nor the toll of rising seas. It's just how much people say they'd pay for cleaner air when asked in surveys, divided by tons of carbon...

Author: /time Magazine | Title: Numbers: Jul. 16, 2001 | 7/16/2001 | See Source »

...patients a month. But because the tiny clinic has only two beds, he feels it is unfair to admit anyone because it will mean turning away dozens more. So he gives outpatients basic drugs, counsels them and slowly works on the hospice building, laying a few extra rows of bricks every time he gets a donation. "We've been through one war," he says, pausing to point out a hospice window shattered by fighting two years ago. "Now we have to start fighting another...

Author: /time Magazine | Title: Battle Ahead | 7/16/2001 | See Source »

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