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consumption

Scientists find that impacts of population growth on the planet’s biodiversity aren’t generally as bad as has been feared -- but are intensifying rapidly in species-rich areas.Scientists find that impacts of population growth on the planet’s biodiversity aren’t generally as bad as has been feared—but are intensifying rapidly in species-rich areas.

Book Review

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"Instead of warriors or workers, we are more than ever before consumers," a new book declares. "In the rich world -- and in the developing world increasingly, too -- identities, politics, the economy and the environment are crucially shaped by what and how we consume."

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The marginally growing U.S. economy reduced speed in the second quarter of the year after months of lackluster job creation, threatening the financial well-being of ordinary Americans and deepening the challenge for President Obama’s re-election campaign.

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Back in June, the Federal Reserve predicted a sunnier economic future for the U.S. than it did Wednesday, when the Fed released revised figures for both growth (it'll happen more slowly) and unemployment (it'll continue to hover around 9 percent) through 2012. But the news wasn't all gloomy.

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In the face of the stereotypical image of Americans as free-spending consumers, Treasury Secretary Timothy Geithner has told his international finance colleagues that G20 countries should not rely on American buyers for their products as they travel the road to economy recovery.

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While seemingly intuitive, it's bit frightening to see the correlation so clearly illustrated: A graphic, covering a 12-year period, shows the tie between Ohio's unemployment rate and the amount of alcohol purchased. With unemployment and booze consumption at their contemporary highs, many are wondering about the public health effects of unemployment on those out of work.

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A study published in The Lancet medical journal concludes that the effects of alcohol should be viewed in the same light as the effects of smoking. Alcohol consumption is linked to one in every 25 deaths worldwide, the study said.

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