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That was seven years ago, but conditions have probably not improved even though Pyongyang continues to funnel scarce resources into weapons programs. Food shortages returned last year, while aid and investment from neighbors such as South Korea and Japan have dwindled. How bad the situation may be is hard to assess since North Korea doesn't reveal significant economic data. Estimates from South Korea's central bank, released on Monday, suggest that North Korea's gross domestic product recovered in 2008 after two years of contraction, with 3.7% growth. The bank attributed the increase to "one-off factors," such...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

...revolution that led to the creation of the Islamic Republic--were willing to overlook other shortcomings. Now that trust is gone. "This time they went too far," says Mohsen, a 32-year-old government employee. "We already deposed one of the strongest dictatorships in the world 30 years ago. They should know that we won't tolerate another...

Author: /time Magazine | Title: Power Of the People | 6/29/2009 | See Source »

...First Family won't have that problem at Camp David, where the 150-seat Evergreen Chapel attracts a congregation of between 50 and 70 people most Sundays. The rustic stone-and-glass octagonal structure was built nearly two decades ago through private funds; President George H.W. Bush dedicated it in 1991. At the ceremony, Christian singer Sandi Patti sang and the late Cardinal James Hickey of Washington delivered a sermon calling the chapel a "witness to our common belief that we need to seek divine guidance in the conduct of our national affairs...

Author: /time Magazine | Title: The Obamas Find a Church Home — Away from Home | 6/29/2009 | See Source »

Those forces have now turned Zelaya, an otherwise middling President, into the same sort of political martyr Chávez became seven years ago. Their dispute with Zelaya, in fact, arose from their fear that he was making a bid to become another Chávez. Earlier this year, Chávez, a democratically elected President who has enfranchised Venezuela's poor but has been widely criticized for undermining the nation's other branches of government, won a referendum that lets him seek re-election indefinitely. (Other Latin Presidents, like Bolivia's Evo Morales, have also pushed through constitutional changes...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

...Administration doesn't have that luxury. Zelaya is a member of the club of left-wing Latin American leaders - and its honcho, Venezuelan President Hugo Chávez, has already deemed this a hemispheric crisis that will challenge the new north-south bonhomie President Barack Obama established two months ago at the Summit of the Americas in Trinidad. Less than an hour after Honduran military aircraft had whisked Zelaya into apparent forced exile in Costa Rica, Chávez was accusing the CIA of having a hand in his ouster. "The Yanqui empire," he said, "has much to do" with...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

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