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...including Australian ones--have profited greatly by feeding China's ravenous appetite for raw materials. But recently, wild fluctuations in commodity prices and friction over trade deals have increased tension between overseas iron-ore suppliers and China's steel producers. The arrests came weeks after the collapse of a bid by state-owned aluminum company Chinalco to invest $19.5 billion in Rio Tinto; the timing has prompted some observers to suggest that the charges are retaliatory...

Author: /time Magazine | Title: Spotlight: The Rio Tinto Scandal | 8/3/2009 | See Source »

...possible influx in recent months of Tajik and Uzbek militants, returning to their homeland after fighting alongside Pakistani and Afghan Taliban. Since May, the Tajik government has locked down the country's Rasht Valley, ostensibly as part of an anti-drugs operation, but also, say experts, in a bid to crack down on local Islamist-leaning warlords. In some parts of Central Asia, the ruling autocratic regimes exercise only a frail reach beyond their capitals. "You get outside Dushanbe," says Eric McGlinchey, a Central Asia specialist at George Mason University in Virginia, "and anything goes...

Author: /time Magazine | Title: Russia Moves to Boost its Role in Central Asia | 8/1/2009 | See Source »

...While it may seem counterintuitive, the governor is doing his best to keep voters' focus on the economy; with New Jersey's unemployment rate nearing 10% and more people unemployed since the state started recording it in 1976, he is pegging his re-election bid to the success of stimulus programs passed by President Barack Obama and by Corzine himself in New Jersey. On July 28 in Philadelphia, about seven miles west of Pennsauken, Corzine stood with Vice President Joe Biden, proudly announcing $1 billion in stimulus funds being allocated to state law-enforcement agencies. "I think that...

Author: /time Magazine | Title: Corzine's Re-Election Woes in New Jersey | 7/31/2009 | See Source »

...Perry, it's always ladies first. In June he suggested that instead of him giving up his hopes for another term, Hutchison might abandon her bid for the governorship. A battle between Perry and Hutchison would be epic - both have deep support in the state, have raised big bucks and have served for years. Recent polls, however, have given an edge to Perry, whose Washington-bashing appears to be resonating with Texas primary voters. For her part, Hutchison is scooping up some of Perry's longtime major contributors...

Author: /time Magazine | Title: Kay Bailey Hutchison Is Running for Governor! (Or Is She?) | 7/30/2009 | See Source »

...themselves to trust the Iranians, even though they had been pretty straight in their dealings over al-Qaeda and the Taliban," says the official. Instead, the U.S. decided to protect the MEK, even over the objections of Iraq's elected government. (Read "Bin Laden's Son Loses Political-Asylum Bid in Spain...

Author: /time Magazine | Title: U.S. Spurned Iran Offers to Turn Over bin Laden's Son | 7/30/2009 | See Source »

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