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Diarrhea has been ignored by the rich world for decades. For many people outside Africa, the continent's calamitous health problems are largely defined by two epidemics: AIDS and malaria. There is a World AIDS Day and a World Malaria Day, and countless medical researchers work to combat the two diseases. In 2008 about 60% of the world's funding for research into major epidemics went to AIDS and malaria; diarrhea received a tiny fraction in comparison. Just 4% of all U.S. funding for research into major developing-world epidemics in 2007 went to diarrhea. The European Commission has given...

Author: /time Magazine | Title: The Miracle Mineral | 12/7/2009 | See Source »

...than half the adult dogs and almost all the puppies are still alive nearly five months later. About 200 have been placed in private homes or in rescue programs like McBee's. But that still leaves more than 100 dogs in kennels at the warehouse. (See pictures from the World's Ugliest Dog show...

Author: /time Magazine | Title: Can Attack Dogs Be Rehabilitated? | 12/7/2009 | See Source »

...ounce when last I checked) is setting a new record every few days. Cash4Gold and its competitors have been flooding the airwaves with ads exhorting you to fork over your gold jewelry for dollars. And for the first time since 1971, when U.S. President Richard Nixon unilaterally yanked the world off the gold standard, gold is also attracting interest from a crowd that usually doesn't pay it much heed: the world's central bankers...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...ETFs) - to effectively own gold without the hassle of actually owning it. Gold is now something you can hold in a portfolio, like any financial asset. Lots of investors have chosen to do so. The SPDR Gold Shares ETF has assets of $40 billion, and similar ETFs around the world have another $10 billion. (See pictures of black gold...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...great investment. The price of gold in dollars has more than quadrupled since the end of the long gold bear market in April 2001, but over the long run the return has averaged about 2% a year, says George Milling-Stanley, managing director for government affairs at the World Gold Council in New York. (That compares with about 8% for stocks.) It's less a ticket to riches than what Milling-Stanley calls an "insurance policy." Many of the commodity investors who have recently piled into gold are looking for big gains, not insurance, and their involvement may guarantee that...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

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