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The scuppered deal enabled Rudd, whose administration would have had to rule on whether a Chinalco - Rio Tinto tie-up would hurt national security, to sidestep a political grenade. Rudd's political opponents have called him a "Manchurian Candidate" who has allowed China to gobble up Australia's national treasures...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

It makes you wonder: can a nation really welcome being economically yoked to China if it also sees Beijing's ambitions as a threat? In a recent speech on Australian foreign policy, Turnbull questioned whether it was possible to satisfy both of the Pacific's superpowers. "The risk of representing...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

Long term, the USOC would benefit much more from a Chicago win than a new network. And if all goes well, it could end up with both. The IOC still has a financial incentive to select Chicago: U.S. media outlets would offer the organization millions of dollars in fees to...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

Timing aside, it's questionable whether a 24-hour Olympic-themed network is viable at all. The state of the economy presents any new, expensive venture with challenges. And though the ratings for the Beijing Games were strong - driven by interest in China and in the epic quest of swimmer...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

So the IOC publicly chided U.S. Olympic officials. "We were aware that the USOC had been considering a new 'Olympic broadcast network,' but we have never been presented with a plan, and we had assumed that we would have an opportunity to discuss unresolved questions together before the project moved...

Author: /time Magazine | Title: How Olympic TV May Kill Chicago's 2016 Bid | 7/13/2009 | See Source »

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