Word: backe
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...After weeks of intemperate rhetoric on both sides of the Pacific - on issues ranging from trade to the Dalai Lama to Taiwan - cooler heads in both Beijing and Washington now seem to be back in control. Barack Obama and Hu Jintao had an hour-long phone conversation last week, after which the Chinese President agreed to attend a nuclear summit in Washington. And on the volatile issue of trade, a grand bargain of sorts now appears to be taking shape: In return for delaying a decision on whether to list China as a "currency manipulator" - long a dream of protectionists...
...again add to GDP growth in China this year, and in an era of high unemployment in the U.S. and Europe, the potential for a serious protectionist backlash is very real. (Indeed, a team from Treasury slipped quietly into Beijing recently to make just this point.) For administrations going back to Ronald Reagan in the 1980s, it's been a tried a true strategy: Tell your trading partner to give you something, because you might not be able to hold back the heathen protectionists in Congress. However hoary a tack it may be, that doesn't make it any less...
...stolen. By 9:45 a.m., the final shipping container was ready to load onto the first ship. As it hoisted the container into the air, one of the cranes malfunctioned, sending the container hurtling out of control, yards above the deck. For a few heart-stopping seconds, it swung back and forth. The cranes groaned. "I don't like that sight," Bieniawski said. "Jesus, I don't like that sight...
...regained control of the container, and a few moments later Chile no longer possessed a bomb's worth of HEU. In the bright morning sunshine, the first ship sailed out of the harbor, a Chilean gunboat darting in front of it like a little duckling. Onshore, the group piled back into the embassy van, and soon the remaining bottle of Champagne was uncorked. As Bieniawski slapped backs and offered high fives, his deputy remained quiet. Chuck Messick, a Navy man, has worked on the HEU-retrieval program since its inception in 1996. The HEU, he reminded anyone who would listen...
...Prime Minister Thaksin Shinawatra in a bloodless coup. Over the past several weeks, the protesters on the streets of Bangkok demanding that Abhisit dissolve parliament and call new elections have been, by and large, Thaksin supporters, known as the Red Shirts for the color they wear, who want him back. (Read a TIME Q&A with Thaksin...