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...China and the U.S. the end of that support means very different things, but the are inextricable connected. China's stimulus package is aimed at driving business activity and consumer spending within the nation's borders. But, if demand for its exports does not return soon, the most critical aspect of its GDP growth will still be in an anemic state. Alternatively, in the U.S., the core of the stimulus effort is to drop taxes to improve consumer spending and give financial aid to projects that should help move up employment. Until the American consumer begins to move back into...

Author: /time Magazine | Title: The Argument Over China's Economic Prospects Intensifies | 5/12/2009 | See Source »

...customers don't respond, however, Thompson promises they'll be reminded of the value. "We are not going to sweep under the rug the affordability aspect," Thompson says. "This is a long-term awareness campaign. You will see everything from taste, indulgence, convenience and price point across the body of work that will be presented over the next couple of years." Yet the company has so far resisted franchisees that have been too explicit about price. Last year in Seattle, a group of McDonald's franchisees ran a billboard that read, "Four Bucks Is Dumb," a clear shot at Starbucks...

Author: /time Magazine | Title: Latte with Fries? McDonald's Takes Aim at Starbucks | 5/7/2009 | See Source »

...keep it running perpetually,” he says. “But I might find somebody else to run it and still continue to own it so I can start new projects, continue expanding.”Shah says his interests lie primarily in the social aspect of entrepreneurship. He has taken Professor David L. Ager’s course Sociology 159: “Social Entrepreneurship,” and INeedAPencil.com won the social entrepreneurship category of the I3 Harvard College Innovation Challenge this year. His I3 presentation was impressive enough to attract the attention of Sunil...

Author: By H. Zane B. Wruble, CRIMSON STAFF WRITER | Title: Prepping for the Big Leagues | 5/7/2009 | See Source »

...Inuit may feel most aggrieved by another aspect of the ban: It will remain legal for Europe's fishermen to cull seals for fish stock management. (And they can continue to sell the resulting seal products within the E.U.). Adult seals get through huge amounts of fish on a daily basis, and buried within the Parliament ban is a recognition that seals often have to be hunted to ensure the sustainability of fisheries in some areas. Indeed, the population of seals on Canada's east coast is now 6 million, three times what it was in the 1970s, making them...

Author: /time Magazine | Title: Canada Battles the E.U. Over Baby Seals | 5/6/2009 | See Source »

...self-styled "Gang of Barbarians" charged with kidnapping, torturing and then killing the young Jewish man. And although acknowledging Halimi's death as a hate crime may seem like stating the obvious, it's a far from insignificant detail in a country that has tended to minimize the bias aspect of past violence against Jews...

Author: /time Magazine | Title: Murder Trial Puts Focus on French Anti-Semitism | 5/3/2009 | See Source »

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