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...turning more of their nest eggs over to people like Ye, who pays higher interest rates than banks. Government figures show that depositors in Wenzhou?the financial heart of Zhejiang province?have withdrawn at least $1.2 billion in bank savings since February, according to the city's branch of the China Banking Regulatory Commission (CBRC...

Author: /time Magazine | Title: China's Shadow Banks | 11/15/2004 | See Source »

...Bush governed as though he had won a mandate four years ago and, through his radical assertion of presidential power, showed what a difference it makes who is in the White House. With Congress all but dysfunctionally deadlocked, the spotlight for four years has focused entirely on the Executive Branch...

Author: /time Magazine | Title: Bush's Triumph: 2004 Election: In Victory's Glow | 11/15/2004 | See Source »

...cannot win elections solely by energizing our base. Third, effectively becoming Republicans will not work either. The GOP has become adept at dividing our party, providing litmus-test votes that will “expose” us as progressives no matter what. Without the power of any branch of government, we have ceased to have the power to control the political agenda through Congress or the Presidency. Simply put, the answer is not to move right or left, but forward...

Author: By Andy J. Frank, | Title: The Politics of the New | 11/8/2004 | See Source »

Unlike Neanderthals, moreover, H. floresiensis wasn't a close evolutionary relative. Its discoverers are convinced that it evolved from Homo erectus, a primitive branch of humanity whose line was thought to have been entirely supplanted by modern humans about 250,000 years ago. And while the general trend in human evolution over the past 7 million years or so has been toward larger bodies and larger brains, H. floresiensis went the other way: not only was its body small but, again unlike Pygmy or midget H. sapiens, its brain was only about the size of a grapefruit--smaller than that...

Author: /time Magazine | Title: Hobbits Of The South Pacific | 11/8/2004 | See Source »

...year-old hobbit-size hominids found on an Indonesian island add a new branch to the sprawling human family tree first theorized by RICHARD LEAKEY and other scientists after a flurry of discoveries in Africa in the 1970s...

Author: /time Magazine | Title: Milestones: 27 Years Ago In Time | 11/8/2004 | See Source »

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