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...military leader, but I don't know as far as running the economy," Hecimovich says as he balances his little boy Sam on the lunch table. "It's hard to say at this point who'd handle the economy better." Then his wife Debbie leans over, steadying Sam, and almost under her breath adds, "We need change, so whoever's going to make the biggest change...

Author: /time Magazine | Title: Obama's Economic Challenge | 8/11/2008 | See Source »

...that relay in the last 20 years," said Reese. "This was a tough one to win, but those are always the best ones to win." For Phelps, who swam the opening leg, it means his gold medal count now stands at two, a fact that helps explain his almost primal roar when Lezak finally came to the wall. And things may get even easier: in his remaining events, Phelps is either the world record holder or owns the fastest time this year. His closest challenges may come in the 200m freestyle, from U.S. teammate Peter Vanderkaay and South Korean Taehwan...

Author: /time Magazine | Title: Phelps' Bids for Gold — By a Finger | 8/11/2008 | See Source »

...Chinese led from the start. In the second of six dives, Lin and Huo racked up five perfect 10s in the synchronicity category. Impressive, but not quite as dominating as in the 2007 World Championships when the Chinese pair won gold by 22 points, an almost unheard of margin. The Chinese men's win came a day after their female compatriots, Guo Jingjing and Wu Minxia, nabbed gold in the synchronized 3m springboard event...

Author: /time Magazine | Title: Another Golden Day for China's Divers | 8/11/2008 | See Source »

...called "checkbook diplomacy" was prompted primarily by the vicious circle created by the almost unlimited contest between mainland China and Taiwan in the international arena. We shouldn't give [allies] cash only for political purposes. The most important thing is that we attack the problem at its root: cross-Strait relations. That's why we want to use the current improvement of relations with the mainland to extend that to the international arena. If we are able to have a truce in the diplomatic area, both of us will not try to court and solicit and then win over...

Author: /time Magazine | Title: Talking to Taiwan's New President | 8/11/2008 | See Source »

...passed its first test, and with an easy game against Angola on Tuesday, will almost certainly cruise to the quarterfinals on August 20. For weeks, the U.S. focused on just getting past China, and the effort paid off. "We sent a real message," says U.S. forward Carmelo Anthony. "We're coming to regain our top spot...

Author: /time Magazine | Title: US-China Hoops: Everyone Scores | 8/10/2008 | See Source »

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