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...billion trade surplus in the first 11 months of last year, the largest since the fall of the Berlin Wall. The good news is that buoyant exports have boosted business confidence in Europe's biggest economy and led to an unexpectedly strong increase in domestic demand. German companies appear to be hiring again: in December, the number of jobless fell by 100,000, the best monthly improvement in years, although the overall unemployment number remains a very high 9.6% of the workforce...

Author: /time Magazine | Title: A Precarious Balance | 1/18/2007 | See Source »

...Thai public doesn't appear too rattled. Although a local poll showed the junta Cabinet's popularity plunging from 90% to 48% since October, that's largely blamed on a mysterious New Year's Eve bombing campaign that killed three people in Bangkok-not on economic nationalism. "I think there is a growing group in Thailand that believes business here should belong to Thais, not foreigners," says Sukhbir Khanijoh, senior analyst at Kasikorn Securities in Bangkok. That sentiment was stoked by Thaksin's controversial $1.9 billion sale last year of his family stake in telecom firm Shin Corp. to Singapore...

Author: /time Magazine | Title: Land of Fading Smiles | 1/18/2007 | See Source »

This is an oversimplification, of course. Other neurotransmitters, and even plain glucose--the sugar the brain uses for energy--may also play a part. And then there's the peculiar case of a woman who contacted McGaugh because she remembers absolutely everything. The stress-hormone model does not appear to apply in her case. Says McGaugh: "At one point I asked if she knew who Bing Crosby was. She's 40, so Bing Crosby doesn't loom large in her life, but she knew he died on a golf course in Spain, and she gave me the date, just like...

Author: /time Magazine | Title: The Brain: The Flavor Of Memories | 1/18/2007 | See Source »

...call for more troops is coming at a time when NATO appears unable or unwilling to take the fight to the enemy. It has failed to send some 3,000 troops it has pledged, and even some of those soldiers operate under rules that preclude the toughest combat. NATO commanders also appear to be minimizing the worsening situation in Afghanistan. A briefing by a British general in the NATO chain told reporters that a recent "spike" in violence had come and gone. Other military sources attribute the slackening to the cold of Afghan winter...

Author: /time Magazine | Title: A Surge in Afghanistan Too? | 1/17/2007 | See Source »

...surface these appear like classic democratic efforts to respect the rights and deeply held principles of minorities. But people feel just as deeply about gun control and abortion and global warming and, of course, war and peace. We can customize our tax returns to reflect the policies we're willing to support and our oaths of office to reflect the laws we're willing to enforce. But at that point democracy as a miraculous system of respectful accommodation shatters...

Author: /time Magazine | Title: Should Politicians Customize the Constitution? | 1/15/2007 | See Source »

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