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...China Daily, the official government newspaper, reported that Beijing may contest India's measure by taking the matter to the Dispute Settlement Body of the World Trade Organization (WTO). The newspaper cited WTO rules against "illegal trade barriers and punitive measures at a time when protectionism is growing amid the global economic recession...

Author: /time Magazine | Title: India Launches a Toy Trade War With China | 2/6/2009 | See Source »

...trade policymakers, a resonant message from the recent World Economic Forum conference in Davos, Switzerland, was the need to guard against protectionism amid the global financial crisis. Indian Trade Minister Kamal Nath led a chorus of Davos voices warning that governments, desperate for measures to preserve their slumping domestic industries, might move to restrict imports to ease competitive pressures - a formula that in the past has only exacerbated economic downturns by sparking commerce-killing trade wars...

Author: /time Magazine | Title: India Launches a Toy Trade War With China | 2/6/2009 | See Source »

Like Palin, Dati is a special case; but the harder the times, the heavier the symbolism. And since Dati raced back to her desk amid a global economic meltdown, her decision took on a public as well as a personal dimension. A French feminist compared her to women in the 1920s who gave birth on the factory floor and kept working for fear of losing their job. Another called her choice "scandalous" since employers could use it to "put intolerable pressure on women" to take less time off. What a pernicious example at a moment when workers are already anxious...

Author: /time Magazine | Title: Married to the Job, or Each Other? | 2/5/2009 | See Source »

...amid all the memorials there are surprisingly few details about some of the most pivotal periods of Mao's life. The museum focuses on the early days of the Communist Party, the Long March, resistance against the Japanese and the defeat of the Nationalists. As might be expected in a country whose founding father's image is rigorously managed, there is little mention of the disastrous Great Leap Forward, a period of forced collectivization that led to famine and the deaths of millions, or the Cultural Revolution and the persecution of millions more labeled as counterrevolutionaries...

Author: /time Magazine | Title: Mao's Hometown | 2/5/2009 | See Source »

...been slated to hold - that of head of a new White House Office of Health Reform. Thus far, Administration officials have not been willing to say if that White House job will even exist in the wake of Daschle's decision to end his bid for Health Secretary amid reports that he had failed to pay $128,000 of income taxes on time. But that White House office was where Daschle's expertise and clout would have mattered the most. While his former deputy Jeanne Lambrew is widely respected for her policy knowledge, no one still there has Daschle...

Author: /time Magazine | Title: Who Will Push Health-Care Reform in Place of Daschle? | 2/4/2009 | See Source »

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