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...appropriate measures to see off the pirates, or the current ludicrous situation will become a complete farce. As it stands, the pirates stand to gain huge amounts of money in ransom payments, but there is very little downside to their operations, so the piracy is only going to spread. Vincent Bristow, KNYSNA, SOUTH AFRICA...

Author: /time Magazine | Title: Foreign Workers | 5/18/2009 | See Source »

...first sign that Mexico City had been recalled to life wasn't a public religious ceremony or a political rally but a traffic jam. After a weeklong shutdown in response to the H1N1 flu outbreak, on May 5--Cinco de Mayo--Mexico City began to stir again. The spread of the swine flu had slowed, leading Mexican officials to hope that the worst had passed. "Our strategy is working," said Mexican President Felipe Calderón. "We are now in a position to gradually resume our everyday activities...

Author: /time Magazine | Title: How to Prepare for a Pandemic | 5/18/2009 | See Source »

...since reports of a new influenza virus first surfaced in late April had also begun to relax--just a bit. Scientists at the World Health Organization (WHO) and the Centers for Disease Control and Prevention (CDC) found few serious or deadly cases outside Mexico and little evidence of sustained spread of the disease in most countries. Though by May 6 the virus had infected 1,516 people in 22 countries--including 642 in the U.S., where two people have died from it--and the world was still officially on the brink of a pandemic, the mood had cooled considerably...

Author: /time Magazine | Title: How to Prepare for a Pandemic | 5/18/2009 | See Source »

...there are new viruses brewing all the time in the animal world. That includes H5N1 bird flu, which is simmering in Asia and Africa and could still mutate and trigger a pandemic. Globalization has made us especially vulnerable to new diseases--the right pathogen in the right place could spread around the world in 24 hours--but it also gives us the tools to form an effective defense. "The fact that the world is one continuous village now means viruses that would have gone extinct before have the potential to take hold much more rapidly," says Nathan Wolfe, director...

Author: /time Magazine | Title: How to Prepare for a Pandemic | 5/18/2009 | See Source »

...financial system. Problems tied to bad loans persist. The latest victim came forward on Tuesday: small-business credit-card issuer Advanta said it would shut down all of its cardholders' accounts after billowing losses threatened its viability. And yet elsewhere the credit markets seemed downright rosy. The TED spread - a gauge of how willing banks are to lend to each other - hit its lowest point since the beginning of the credit crisis in the summer of 2007, and companies, including Microsoft and Wal-Mart sold a relatively sizeable $32.6 billion of debt to investors...

Author: /time Magazine | Title: The Outlook for Stocks Is Decidedly...Mixed | 5/17/2009 | See Source »

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