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...Rudd wants you to know that he feels your pain - to a point. A bedroom community of Perth, Western Australia, Cockburn until recently shared in the buoyant growth rates that turned this part of the southern continent into a giant construction zone. No more. As Australia's great mining boom deflated due to slackening demand from China and the global recession, the region around Cockburn saw unemployment go from 2.1% last October to 7.2% in April. Roughly a year and a half after his victory over longtime conservative Prime Minister John Howard, Rudd dutifully rattles through what his Labor Party...

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

...Tensions have also been exacerbated by the economy's increasing dependence on Asian markets. The long economic boom came courtesy of Asian - read Chinese - demand for Australian commodities such as iron ore, coal and bauxite. In large measure, Australians understand the benefit of this regional trade. "The Australian people are enormously practical about the reality of China," says Rudd. "That hundreds of thousands of Australian jobs, directly or indirectly, depend on Chinese trade is something Australians...

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

McLaughlin and Allaire's new study will follow 270 seniors as they play the Wii game Boom Blox. Game play involves demolishing targets like a medieval castle or a spaceship using an arsenal of weapons such as slingshots and cannonballs. While those particular skills may not seem transferable to offscreen life, McLaughlin says she and her colleagues chose Boom Blox specifically because it requires a wide range of real-world skills, including memory, special ability, reasoning and problem-solving...

Author: /time Magazine | Title: Can Gaming Slow Mental Decline in the Elderly? | 7/11/2009 | See Source »

Ultimately, the researchers hope to determine which aspects of Boom Blox produce the largest gains in real-world cognitive functioning, like the ability to multitask, then incorporate those elements into a new game of their own design. They will then study the effects of the new game in the same group of elderly players. "One of our main goals is to produce guidelines for producing games for older adults. Part of it is making it fun so it does not feel like work," adds McLaughlin...

Author: /time Magazine | Title: Can Gaming Slow Mental Decline in the Elderly? | 7/11/2009 | See Source »

...small part because of demand from China, which is in the midst of a huge, government-led investment spree to combat the recession. Rio spurned Chinalco, did a joint venture with international competitor BHP Billiton, and announced a rights issue to raise capital. (See pictures of China's infrastructure boom...

Author: /time Magazine | Title: Aussie Mining Exec Arrested for Spying in China | 7/9/2009 | See Source »

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