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...bonds might also begin to ease, if its own economy continues to recover, making domestic investments more attractive than buying American debt. If China and Japan lose their hunger for American assets, the dollar will slide. The question is: how far and how fast? A gradual drop would boost U.S. exports, cut its trade deficit, and help silence protectionist American politicians who demand that trade barriers be raised against Asian countries. But a free fall in the dollar would trigger panic throughout the world's financial system?and remind America's protectionists of the startling new truth of international economics...

Author: /time Magazine | Title: Asia's Burden | 6/21/2004 | See Source »

...said the bill would give the CIA director authority over 70 percent of the intelligence budget. According to a fact sheet, Goss' bill would implement many of the recommendations issued in December 2002 by a joint inquiry into 9/11 by the House and Senate intelligence committees, and it would boost the director's authority to wield more management power than some critics believe outgoing Director George Tenet has mustered. The chairman of the September 11 Commission told TIME he expects that his panel will review Goss' bill while writing its reform recommendations in the coming weeks. "I would...

Author: /time Magazine | Title: CIA Wants Cheney Out of Senate Intel Report | 6/21/2004 | See Source »

...officers recently fled in terror from the Shiite militia of the Mehdi Army. With only 287 American police advisors in Iraq, the training for the country's critical new force is still patchy. That will finally catch up, says Petraeus. Meanwhile, gleaming new weapons and ceramic-plated vests will boost the officers' morale. This time around, Petraeus is also using a cherished principle from his other alma mater, West Point: Stand by your fellow soldiers, no matter what. "They have to feel they are not going to be hung out to dry," he says of the new Iraqi forces. "Early...

Author: /time Magazine | Title: Can Petraeus Salvage Iraq? | 6/19/2004 | See Source »

...increase is "very encouraging news," says Li Ning, a communications officer at WWF China?especially since attempts to boost the panda population in captivity have been getting increasingly desperate. Efforts by Chinese researchers?from attempting to mass-produce the animals by cloning to encouraging intercourse using sex dolls and pornographic videos?have had little success; there are still only 161 pandas in captivity worldwide, according...

Author: /time Magazine | Title: Panda Reprieve | 6/14/2004 | See Source »

Although next year might be the key chance for Harvard to make a run at the Ivy League championship, the return of junior Alasdair McLean-Foreman certainly provided a major boost this season...

Author: By Gabriel M. Velez, CRIMSON STAFF WRITER | Title: Select Few Lead Cross Country All Year | 6/10/2004 | See Source »

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