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Dates: during 2000-2009
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...America's exports. But it is also spooking holders of U.S. debt, whose continued purchases of U.S. Treasury bills allow Washington to fund its deficit spending. Last week, the International Monetary Fund (IMF) announced that the Reserve Bank of India had bought 200 tons of IMF gold reserves, the biggest single purchase by a central bank in 30 years. That pushed the price of gold past $1,100 an ounce, the latest record breaker in a string of new highs, as the market anticipated gold buying by other central banks to hedge against a falling dollar...

Author: /time Magazine | Title: Why Some Countries Are Stopping Their Stimulus | 11/9/2009 | See Source »

When they are rolling through the streets in strollers, toddlers are usually the ones throwing temper tantrums. Now it's their parents who are having the biggest fits. On Monday the U.S. Consumer Product Safety Commission (CPSC) announced a stunning recall of some 1 million Maclaren strollers that were released nationwide from 1999 through November of this year. Maclaren, the 42-year-old British brand, is wildly popular among the young-urban-professional set. The strollers are light, compatible and upscale but not terribly expensive (the recalled models cost from $100 to $360). (See the top 10 product recalls...

Author: /time Magazine | Title: Maclaren's Stroller Recall: A Stumbling Response Online | 11/9/2009 | See Source »

...cuts have been rendered unrealistic by the current economic climate. Falling real wages and low business investment mean Japan's recovery is fragile. A recent Nikkei newspaper survey showed that 38% of top Japanese executives rated the likelihood of another downturn next year as high or somewhat high. The biggest risk, cited by 69% of respondents, was "the effect of fiscal stimulus measures wearing off." Hatoyama appears to be willing to continue stimulus spending under the circumstances even if that means more red ink. He has learned a lesson from 1997, when Tokyo prolonged and deepened a recession by raising...

Author: /time Magazine | Title: Hatoyama's Challenge in Japan | 11/9/2009 | See Source »

...yellowfin that has come in all week. Heitz jumps into the scrum of insults and jokes flying between the buyers and the sellers. Quality testers sink metal rods into the fish, pulling out samples of pink meat that they rub between their thumb and forefinger and smell. The biggest and best tuna will go for about $700 wholesale, and get whisked away to be washed, beheaded, gutted and packed with dry ice to catch the 10:30 a.m. flight to Manila. By the next day, the fish will be in Tokyo, Seattle or California. By the next night, its meat...

Author: /time Magazine | Title: Hunting for Tuna: The Environmental Peril Grows | 11/9/2009 | See Source »

Confronted by growing evidence that sex between men is a significant driver of new HIV infections, the Kenyan government has shed a longtime refusal to acknowledge the existence of homosexuality and will launch a survey of gay attitudes and behaviors in its three biggest cities next year...

Author: /time Magazine | Title: In Fight Against AIDS, Kenya Confronts Gay Taboo | 11/7/2009 | See Source »

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