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...unavoidable truth: the United States, still the biggest market for the world's exports, appears to be in real economic trouble. Most economists now believe the U.S. is either already - or soon will be - in its first recession since 2001, and that this one could be a doozy. "The asset bubbles underpinning the US economy have started to unwind the other way," says Stephen Roach, Chairman of Morgan Stanley Asia. "This recession was triggered by the bursting of the housing bubble and the bursting of the credit bubble and those developments will run their course [even with the rate cuts...

Author: /time Magazine | Title: World Markets Catch a US Cold | 1/23/2008 | See Source »

...which every Chinese can share in the wealth of economic growth. Hu has successfully built a good image of China's peaceful rise and expanded China's reach around the world during the past five years. His confidence and wisdom in handling internal and external affairs is a marvelous asset that will eventually encourage the Chinese people to accelerate political reform. Song Xiaowen, Zhongli City, Taiwan...

Author: /time Magazine | Title: Inbox | 1/17/2008 | See Source »

...outside the hairdresser's chair, things are not so simple. Flirt the wrong way with the wrong person, and you run the risk of everything from a slap to a sexual-harassment lawsuit. And of course, the American virtue of plainspokenness is not an asset in an activity that is ambiguous by design. Wayne State's Abbey, whose research has focused on the dark side of flirting--when it transmogrifies into harassment, stalking or acquaintance rape--warns that flirting can be treacherous. "Most of the time flirtation desists when one partner doesn't respond positively," she says. "But some people...

Author: /time Magazine | Title: The Science of Romance: Why We Flirt | 1/17/2008 | See Source »

...which every Chinese can share in the wealth of economic growth. Hu has successfully built a good image of China's peaceful rise and expanded China's reach around the world during the past five years. His confidence and wisdom in handling internal and external affairs is a marvelous asset that will eventually encourage the Chinese people to accelerate political reform. Song Xiaowen, ZHONGLI CITY, TAIWAN...

Author: /time Magazine | Title: Leading Russia into the Future | 1/16/2008 | See Source »

...while her colleagues note that her academic training has been an asset in her new job, Faust speculates that the source might be more intrinsic...

Author: By Laurence H. M. holland, CRIMSON STAFF WRITER | Title: With New Book Out, Faust Shows Historical Side | 1/9/2008 | See Source »

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