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...concern about rising national debt in countries without the American tax base and huge GDP has increased exponentially. It is even becoming an issue for large and more stable countries including the U.K. The British government may put some of its most valuable and well-known assets up for sale in order to prevent further increases in the national deficit. (See pictures of the snow crippling London...

Author: /time Magazine | Title: Will the U.S. Sell Assets As the British Government Did? | 3/16/2009 | See Source »

...opportunity for Republicans from all these different places to get together,” Motley said. Blackwell also said he enjoyed speaking at the event and encouraging young Republicans not to lose hope. “The Republican party leadership has to talk about winning elections and rebuilding the base, which you do with an inspirational message,” he said. —Crimson Staff Writer Evan T.R. Rosenman can be reached at erosenm@fas.harvard.edu...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: HRC Celebrates Lincoln Day | 3/16/2009 | See Source »

...Shanda also expects to tap into China's increasing trend of cell-phone reading and has a social-networking site in the pipeline to try to build a steady user base. Still, Hou realizes that to expand readership further in the long term, it may not be enough to rely solely on amateur writers and their largely similar tomb-raider or martial-arts novels. "We have been in talks with big-name writers like Yu Hua as well," says the CEO. "We will be much more comprehensive than...

Author: /time Magazine | Title: Avoiding Censors, Chinese Authors Go Online | 3/16/2009 | See Source »

...China confrontation took place while the Impeccable was sailing 75 miles south of China's newest sub base, Yulin, at the southern tip of Hainan. The U.S. vessel carries sophisticated surveillance equipment that was in use - Chinese sailors used poles in an effort to snag the Impeccable's towed acoustic array sonars, which dangle beneath the vessel. The gear was most likely being used to try to detect the movements of Chinese subs in and out of Yulin, where Beijing's new Shang-class nuclear-powered attack subs have recently been spotted...

Author: /time Magazine | Title: Behind the Sea Spat Between the U.S. and China | 3/12/2009 | See Source »

...intelligence gathered would be useful in a future showdown. Because U.S. aircraft carriers would play a vital role in any clash with China over Taiwan, being able to bottle up Chinese subs at their base - and measuring the range from their base within which U.S. technology could be used to hunt them before they escape into the open sea, where they would be much more difficult to detect - are key U.S. intelligence goals. The data collected by vessels like the Impeccable, along with detailed maps of the ocean floor near the Chinese base that would guide U.S. sub hunters...

Author: /time Magazine | Title: Behind the Sea Spat Between the U.S. and China | 3/12/2009 | See Source »

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