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...slowdown on the world's assembly lines is a normal part of any recession. As demand shrinks, so must production. But now that the recession is easing, there is considerable debate among economists about whether manufacturers will be rehiring workers and restarting assembly lines anytime soon. Despite aggressive downsizing by industries like auto manufacturing over the past 18 months, there are fears that the world remains stuck with so much excess production capacity that any recovery will be anemic, plagued by deflationary pressures, high unemployment and ailing bank-loan portfolios. "Unless we deal with the excess capacity situation, we will...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

Cruise—who prolifically offered "advice, stories, high fives, handshakes, hugs, and even at one point an impromptu dance"—stayed after class to speak with students, including a hoard of people that had gathered by the room as soon as virtual messaging systems went haywire within the classroom when Cruise first appeared...

Author: By Esther I. Yi | Title: Cruise Becomes a Law Student But Not Really. No, Not At All, Actually. | 10/6/2009 | See Source »

Discussions aimed at strengthening the existing collaboration between HSPH and the Cypriot government began soon after the nation’s new president, Dimitris Christofias, took office in February of last year, according to Monique Bertic, the associate director for international advancement at HSPH who coordinates the partnership...

Author: By Helen X. Yang, CRIMSON STAFF WRITER | Title: Harvard School of Public Health Partners with Cyprus Government | 10/6/2009 | See Source »

...Last month, officials in St. Petersburg approved the construction of a 400-m-tall skyscraper in the historic center of the city. The city's beautiful baroque and neoclassical architecture, much of it built in the 18th and 19th centuries when St. Petersburg was Russia's capital, will soon be dwarfed by the Okhta Center, which will house an arm of the state gas monopoly Gazprom. (See pictures of Moscow...

Author: /time Magazine | Title: The Battle over a New Skyscraper for St. Petersburg | 10/6/2009 | See Source »

...Today, new technologies - and leaders with new policies - have rescued Petrizzo's boyhood dream. The 28-year-old will soon be fighting al-Qaeda and the Taliban from the skies, as one of the Air Force's first ground-based Predator drone pilots not to have started out in an Air Force cockpit. The change reflects a shift in Air Force thinking. Instead of carefully polishing and husbanding the service's costly F-22 fighters and their pilots for future wars, the Air Force increasingly is rolling up its sleeves and helping fight today's conflicts...

Author: /time Magazine | Title: A New Kind of 'Top Gun' for a New Kind of War | 10/5/2009 | See Source »

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