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Diplomatic protocol doesn't require the Pope to respond to the death of a U.S. senator, either privately or publicly. Still, prominent and well-regarded Catholics often get particular attention. Earlier in August, the day before she died, the family of Kennedy's sister Eunice, who advocated on behalf of the poor, the mentally handicapped and the unborn, received a letter directly from the nuncio saying the Pope was praying for her, her children and her husband. Though the letter was not signed by the Nuncio and not the Pope, it conveyed Benedict's personal greetings: "I wish to convey...

Author: /time Magazine | Title: The Pope's Response to Ted Kennedy's Letter: Pro Forma | 9/1/2009 | See Source »

...That's where the similarity ends. The index is not likely to return to its previous lofty perch anytime soon. Following a miserable performance in August - Chinese stocks fell nearly 22% last month - Shanghai's 81% Great Leap Forward from January to July has now been pared to 42% as of Aug. 31. That's still a hefty advance, but it's looking like the long march backward will continue for some time. (See pictures of China's infrastructure boom...

Author: /time Magazine | Title: Why China's Stock Market Bubble Is Fizzling | 9/1/2009 | See Source »

...than expected, at 7.1% year on year in the six months to June, part of that expansion was fueled by an astounding 201% increase in bank lending. The central bank started tightening in July, when new loans totaled just $52 billion - down sharply from $224 billion in June. The August number may come in at an even lower $36 billion...

Author: /time Magazine | Title: Why China's Stock Market Bubble Is Fizzling | 9/1/2009 | See Source »

...Dalai Lama was invited by local opposition leaders in southern Taiwan to come and visit the victims. Morakot hit Taiwan on August 8th and left at least 568 dead or missing and over 7000 homeless. The island has been angry at the government's slow relief efforts and is in pain from the loss of their loved ones and homes. For Ma, whose approval ratings have hit an all time low in Morakot's aftermath, rejecting the Tibetan leader's visit - as he did last December - would have been political suicide. A recent poll shows that sixty percent of Taiwan...

Author: /time Magazine | Title: Dalai Lama Meets Protests, Tears in Taiwan | 9/1/2009 | See Source »

...functionally illiterate. That hypothesis, which caused a minor uproar in the world of Indus Valley researchers, was recently rejected by a team of mathematicians and computer scientists assembled from institutions in the U.S. and India. That team's study, published initially in April in Science and more extensively in August in the Proceedings of the National Academy of the Sciences, employed computer modeling to prove that the Harappan script communicated language, and has reinvigorated attempts to crack what is one of the lingering puzzles of ancient history...

Author: /time Magazine | Title: Decoding the Ancient Script of the Indus Valley | 9/1/2009 | See Source »

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