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...June, it hosted two summits in the Ural city of Yekaterinburg: one with members of the Shanghai Cooperation Organization (which includes China and four Central Asian republics, as well as observer states India, Iran, Mongolia and Pakistan) and the other with leaders of the so-called BRIC nations - Brazil, Russia, India and China. Medvedev was the first foreign leader to receive Iran's President, Mahmoud Ahmadinejad, after his controversial re-election. (See pictures of the aftermath of Iran's election...

Author: /time Magazine | Title: The Challenge That Awaits Obama in Moscow | 7/13/2009 | See Source »

...business at hand, the 2009 G-8 is expected to be dominated by discussion over a new form of world governance in light of the global downturn. What's more, there's talk of the need for a better-structured form of dialogue to deal with the likes of Brazil, China, India, Mexico and South Africa. Recession? Emerging economies? It's almost as if the annual summit has come full circle from its beginnings back in 1975. For the members of the world's most exclusive club, it must seem like...

Author: /time Magazine | Title: The G-8 | 7/8/2009 | See Source »

...Buoying hopes is S.B.Y.'s choice for Vice President, principled former Central Bank governor Boediono. Investment bank Morgan Stanley is so impressed that it wondered in a June report whether the country should be added to the so-called BRIC club of economic up-and-comers composed of Brazil, Russia, India and China...

Author: /time Magazine | Title: Indonesia Elections: A Win For Democracy | 7/8/2009 | See Source »

...more-efficient vehicles, won't get rolling until July 24, and its $1 billion in funding expires Sept. 30. Automakers are already lobbying for more cash. Germany sank $6 billion into a similar scrappage program, China put $4 billion into its equivalent of cash for clunkers, and Brazil put up $3 billion, notes Mark LaNeve, GM's vice president of sales, service and marketing...

Author: /time Magazine | Title: How Bad Are Auto Sales? 10 Questions and Answers | 7/6/2009 | See Source »

...June 1 Air France wreck in Brazil inspired the largest marine search for a black box in aviation history (which so far has turned up nothing), and now another sea crash has experts scanning the Indian Ocean for the flight recorders to the Yemenia Airbus A310 jet that went down near the Comoros Islands in the early morning hours of June 30. (See pictures of the latest clues in the Flight 447 crash...

Author: /time Magazine | Title: Black Boxes | 7/2/2009 | See Source »

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