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...into the great Asian growth story, then there is a chance that spending by wealthier consumers in countries like China and India can offset at least some of the decreased demand in the West. HSBC economist Frederic Neumann said in a September report that some Asian manufacturers have gained back the power to raise prices, implying that the impact of excess capacity in the region might not be as severe as some fear. "What was so scary about the recession were the unprecedented output gaps that conjured up images of endless industrial slack and competition so fierce that...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

...Others are not so sanguine. HSBC's China economist, Qu Hongbin, worries that his country is full of manufacturers trying to hang on while waiting for overseas demand to recover. "There still is hope that we'll go back to the old days," Qu says. But "demand in the future will be lower than in the past," he says. "That means the factory owners have to face reality" - the reality of them no longer cranking out ever more widgets in a widget-weary world...

Author: /time Magazine | Title: A Threat to Global Recovery: Too Many Factories | 10/6/2009 | See Source »

...what he voluntarily disclosed. At one point they even dismissed Birkenfeld as a mere tipster, not a whistle-blower. "Those who seek to be treated as true whistle-blowers need to know they must come in early and give complete and truthful disclosures, with no dissembling or holding back or spinning," said John A. DiCicco, Justice's top tax lawyer, in an e-mail to TIME...

Author: /time Magazine | Title: Why Is the UBS Whistle-Blower Headed to Prison? | 10/6/2009 | See Source »

Some names benefit from a temporary faddishness. Selena was languishing at 780th place in 1990, but rose to 300th by 1994 as the fame of Tejano singer Selena Quintanilla grew. The name vaulted to No. 91 after Quintanilla's murder in 1995 but has since settled back to 352. Diego has enjoyed a similar bump, going from 186th place to 68th in the last decade, perhaps due to the popular boy sidekick in the ubiquitous Dora the Explorer cartoons. Designer Paloma Picasso may be giving a similar - if subtler - bump to my own daughter's name, which has gone from...

Author: /time Magazine | Title: Adios, Juan and Juanita: Latin Names Trend Down | 10/6/2009 | See Source »

...particularly surprising findings? I was surprised by the importance of revenge. A few had sex in order to give someone else a sexually transmitted disease. More commonly, women's revenge sex involved getting back at a cheating partner, or having sex with the partner of a friend who had poached her partner. Actually, the frequency of mate-poaching also surprised me - the frequency with which women try to lure men who are already "taken," either for a short-term sexual liaison or a longer-term relationship. Most women have experienced mate-poaching in one form or another, either...

Author: /time Magazine | Title: Why Women Have Sex | 10/6/2009 | See Source »

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