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...Alaska researcher Natalia Shakhova and her colleagues report that methane, a greenhouse gas that is 30 times more effective in trapping heat in the atmosphere than carbon dioxide, is bubbling up from the continental shelf and leaking into the atmosphere. The estimated total: 8 teragrams - that's 8 trillion grams - per year. (See pictures of the effects of global warming...
...responded. "Look, we Democrats don't see malpractice the same way you do. Our traditional supporters among the trial lawyers hate it, of course. And the Congressional Budget Office says it would save only about $5 billion per year. That's peanuts when you're talking about a $2 trillion health care system. But providing health security to all Americans - making sure they have coverage, making sure the insurance companies can't take it away - is just too important. So we'll include your malpractice provision in our bill. Can I assume you'll now vote...
Last year British Prime Minister Gordon Brown raised his country's top marginal rate for income tax to 50% from 40%. This came on the heels of a decision to borrow more than $1 trillion over the next five years, bringing his country's public debt to 79% of GDP by 2013. There has been the expected backlash from the superrich, but the majority of Brits don't seem to mind so much...
...else. Snack and soda machines are banned from school buildings in France - a battle that is now raging across the U.S. And France's lunch programs are well funded. While the country is cutting public programs and civil-servant jobs to try to slash a debt of about $2.1 trillion, no one has dared to mention touching the money spent on school lunches. (Watch an interview with Michael Pollan...
...Over the next four years, a wave of commercial real estate loan failures will add to the pressures on the struggling American economy,” said panel spokesman Peter Jackson. “$1.4 trillion in loans will come up for refinancing between...