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...into the company's results. After all, the recession put the company's main competitor, Linens 'n Things, out of business. Linens 'n Things sold similar merchandise in similar markets as Bed Bath & Beyond. So it may just be a lack of competition, rather than a surge in purchasing power, driving Bed Bath & Beyond's positive results. "Consumer spending is wrecked indefinitely," says Howard Davidowitz, chairman of Davidowitz & Associates, a retail investment banking and consulting firm based in New York City. "There is no more Linens 'n Things. How can that not have a tremendous impact on Bed Bath & Beyond...

Author: /time Magazine | Title: Bed Bath & Beyond: An Economic Indicator? | 7/1/2009 | See Source »

...rejected by Tufts University’s Fletcher Forum on World Affairs as “all reviewers found the piece one-sided.” Ms. Roy ignores the major source of Gaza’s tragic situation: Hamas, internationally recognized as a terrorist group whose military power is growing thanks to abundant support from the Iranian regime. Since 2006, when Hamas won Gaza’s elections, it has failed to fulfill any of the promises it made to Gaza’s people and dashed all their hopes for a better life...

Author: By Nina Weiner | Title: Gaza's Past and Present | 7/1/2009 | See Source »

Instead of working to improve living conditions in Gaza, Hamas has used its governing power to launch innumerable terrorist attacks on Israeli civilians and to start a civil war in the West Bank and Gaza to try to vanquish its arch-rival, Fatah. Gaza’s ruling party has been responsible for horrifying atrocities in Israel, including exploding buses and attacks on shopping malls and peaceful religious gatherings. Hamas has been steadfast in its refusal to consider recognizing Israel’s right to exist and has no plans to pursue peace talks with Israel for the good...

Author: By Nina Weiner | Title: Gaza's Past and Present | 7/1/2009 | See Source »

...Firstly, Italy is having a bit of an identity crisis. The country isn’t quite certain if it is the globe’s museum or a world power. Walking through the streets of Rome, you see a mélange of ancient ruins, renaissance churches, and fascistic structures. Even the people are old. “Look,” it all seems to say, “once we were powerful; once it was great to be Italian.” Now, residents of the eternal city hardly seem to know what it means...

Author: By Sofia E. Groopman | Title: Racism is a Boomerang | 7/1/2009 | See Source »

...matter the medium or subject matter, journalists need to provide a sustained check on power now more than ever before. Climate change is worsening, the financial crisis could leave the United States permanently weaker, and even just neglecting to repair an airplane or subway train can render consequences. So, even though the castle of print journalism is falling, a stronger city—with buildings old and new—needs to rise from this siege soon...

Author: By Bonnie J. Kavoussi | Title: The Manila Folder | 7/1/2009 | See Source »

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