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China holds more U.S. debt than any other entity either private or sovereign. Whether the communist government is really worried about the value of the U.S. paper it holds or is just making a public insult about the flaws in American capitalism may never be known. What is known is...

Author: /time Magazine | Title: Will the U.S. Sell Assets As the British Government Did? | 3/16/2009 | See Source »

Vice-Chairman of the Republican National Committee’s Platform Committee J. Kenneth Blackwell called young Republicans to action at the Harvard Republican Club’s seventh annual Lincoln Day Dinner on Saturday. The formal celebration of Lincoln’s legacy and Republican ideals was held in...

Author: By Evan T. R. Rosenman, CRIMSON STAFF WRITER | Title: HRC Celebrates Lincoln Day | 3/16/2009 | See Source »

In an interview last fall at the Planalto presidential palace in Brasilia, Lula, 63, told TIME that he wants to "change the world's political and economic geography" before he leaves office in December 2010. It may be futile to stump for a permanent Brazilian seat on the United Nations...

Author: /time Magazine | Title: The One Country That Might Avoid Recession Is... | 3/5/2009 | See Source »

One of the qualities that helped eastern Europeans survive more than four decades of communist rule was a keen sense of irony. The sentiment was on show even as the old system of central control began to unravel and democracy and capitalism rushed in. The summer and fall of 1989...

Author: /time Magazine | Title: Solidarity's End | 3/5/2009 | See Source »

In the 20 years since, capitalism has transformed the former Soviet vassals. The transition was not always easy. "Shock therapy," slashed budgets and the privatization of state factories and firms stoked corruption and left millions temporarily worse off. But with political stability and reforms (most of them tied to European...

Author: /time Magazine | Title: Solidarity's End | 3/5/2009 | See Source »

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