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...Willem Buiter, economist at the London School of Economics and Political Science, wrote bluntly. Others see the Dubai crisis as the potential flashpoint for a new stage of the global crisis, a sign that heavily indebted sovereign states might begin having trouble financing their deficits, or that investors will reassess their exposure to risky emerging markets in some kind of financial "contagion." BofA Merrill Lynch strategists postulated in a report that "one cannot rule out - as a tail risk - a case where this would escalate into a major sovereign-default problem, which would then resonate across global emerging markets...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

Davidowitz speculates that the frugal tone will pressure retailers to discount earlier and possibly deeper than originally planned over the next few weeks. "I think many of them will reassess their numbers and determine that more promotions are in order," says Davidowitz. "That will be particularly true in department stores," where women's apparel has been weak, he says...

Author: /time Magazine | Title: After Black Friday, Doubts Grow About a Shopping Uptick | 11/30/2009 | See Source »

...cause of civilization’s end remains unknown, there is some implication that it is manmade. Be it nuclear or environmental, “The Road” forces us to contemplate our end, brought about by our own hands. And it demands, ever so subtly, that we reassess our priorities and protect our planet from ourselves...

Author: By Daniel K. Lakhdhir, CONTRIBUTING WRITER | Title: The Road | 11/30/2009 | See Source »

Should we reassess Darwin's legacy? Bicentennial celebrations have portrayed Darwin as a kindly old gentleman pottering around an English house and garden. What that misses is the way his ideas were abused in the 20th century and the way in which Darwin was wrong about certain key issues. He asserted that different races of mankind had traveled different distances along the evolutionary path - white Caucasians were at the top of the racial hierarchy, while black and brown people ranked below. [Racism] was a widespread prejudice in British society at the time, but he presented racial hierarchy as a matter...

Author: /time Magazine | Title: The Dark Side of Darwin's Legacy | 11/24/2009 | See Source »

...better prevention. "Physicians have a hard time letting go of screening tests that make them feel comfortable," says Dr. Karen Soren, director of adolescent medicine at New York Presbyterian Morgan Stanley Children's Hospital. "The larger view is that screening is always good. But it's also good to reassess and take another look every once in a while...

Author: /time Magazine | Title: Pap Tests: Another Revision of Recommendations | 11/21/2009 | See Source »

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