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Even casual surfers will be familiar with some of the site's entries. Snakes on a Plane long ago crashed and burned, and the Dancing Baby probably has dancing kids of his own. But there's new stuff too. For instance, the existential musings of Philosoraptor, and the broader appeal of Star Trek's Jean-Luc Picard...

Author: /time Magazine | Title: Your Guide to the Weird, Wild Web | 7/16/2009 | See Source »

...predicting that a CIT failure would cause as much havoc in the financial market as the bankruptcy of Lehman Brothers did last fall. CIT, which was founded 101 years ago, lends to hundreds of thousands of small businesses and also provides money to other firms, called factors, that help small businesses finance their day-to-day operations. In late 2008, the Treasury Department gave CIT $2.3 billion in federal assistance from TARP funds. But apparently, the Treasury Department's bar for bailouts has risen, and CIT isn't tall enough anymore. And while some bank stocks traded down on Thursday...

Author: /time Magazine | Title: In CIT Woes, Some See Restart of Financial Crisis | 7/16/2009 | See Source »

...interview in no small part because the network has been on the receiving end of what it complains are the autocratic tactics of Chávez, who critics say has undermined Venezuela's democratic institutions even though he's been democratically elected three times since taking power a decade ago. This month his government is set to revoke the licenses of a massive swath of private radio and TV stations and is promoting a bill to criminalize material deemed "offensive" or "destabilizing" - code, say opponents, for anything critical of Chávez and his "21st century socialism." (Chavistas insist...

Author: /time Magazine | Title: The Honduran Crisis: Making Chums of Chávez and Obama? | 7/16/2009 | See Source »

...voicing those concerns. Globovisión's gratuitous anti-Chávez crusade is hardly a paragon of media professionalism. At a time when Clinton is condemning the Honduran coup, it rankles Chavistas that she'd promote a network that unabashedly backed a similar overthrow attempt seven years ago. Obama reached out to an often hostile Arab world by granting his first foreign media interview as President to al-Jazeera. Clinton's comments may have resonated in Venezuela and Latin America more effectively had she shared them with Telesur or other state-run Venezuelan...

Author: /time Magazine | Title: The Honduran Crisis: Making Chums of Chávez and Obama? | 7/16/2009 | See Source »

...Andrew Barber, Asia strategist for Research Edge, an equity-research firm based in New Haven, Conn., believes Beijing's National Bureau of Statistics "well understands that there are doubts in the markets about the reliability of China's data. But unlike a year ago, they are actively trying to take baby steps toward more transparency." Government statisticians recently announced that they would work with the Organization for Economic Cooperation and Development to improve data quality...

Author: /time Magazine | Title: China's Economic Recovery Gathers Steam | 7/16/2009 | See Source »

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