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...preemptive strike on Iran's nuclear facilities can be measured by how frequently the Bush Administration trots a senior official out to insist that there are no plans to launch such an attack. On Nov. 12, it was Admiral William Fallon's turn. The head of the Pentagon's Central Command, which would execute a strike should the day ever come, dismissed the idea in an interview with the Financial Times. "It astounds me that so many pundits and others are spending so much time yakking about this topic," Fallon said...

Author: /time Magazine | Title: Pressure Points | 11/15/2007 | See Source »

...party and its very survival." But previous clean-up efforts have had little effect. Of the 133,467 officials who were investigated for corruption between 2003 and 2006, just 427 were referred to the judiciary for criminal proceedings, according to Ouyang Song, deputy head of the Party Central Committee's Organization Department. Despite some signs of improvement, such as a growing reliance on investigators from distant regions in big cases to reduce the chance that corrupt officials can rely on local connections to avoid punishment, fundamental weaknesses remain. Corruption-fighting efforts are subject to political interference, and watchdog powers...

Author: /time Magazine | Title: Postcard: Xiantang | 11/15/2007 | See Source »

...hearty fare - the root beer-braised short ribs are a must, as is the grilled chicken with kabocha puree and jalapeño. Cocktails run the range from classic to creative. Rose and plum liquors are used liberally in drinks like Broadway Rose (rose liqueur and sparkling wine) and Central Park (plum liqueur, vodka, mango juice and chili). But the most popular cocktails are the 57 martini, flavored with Grand Marnier, and the Big Apple martini, made with apple schnapps. Rarely have apples and oranges complemented each other so refreshingly...

Author: /time Magazine | Title: Bearing Fruit | 11/15/2007 | See Source »

Five years later, Argentina's rapid recovery still has analysts doing double takes. Since President Néstor Kirchner was elected in 2003, annual growth has averaged 9%, the best in Latin America. Argentina has parlayed a cheaper but stable peso into record export earnings. "Argentina," crows Central Bank president Martín Redrado, "is enjoying its most solid macroeconomic context of the past 30 years." In Brazil, Lula's election (and 2006 re-election) did not render the region's largest economy a leftist basket case. Instead, inflation has fallen from 12.5% in 2002 to less than 4% today. Brazil...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

This year India's tea industry has finally begun fighting back. The central government has promised $1.16 billion over the next 15 years in loans and subsidies for new, more productive plantings. Copying the clever marketing of tea producers in Sri Lanka and Africa, Indian entrepreneurs have begun to build their own upscale brands. Some producers, meanwhile, are branching out into tea bars for the subcontinent's free-spending young professionals. India's tea producers may never recapture the glory days, but they'll need a new strategy to survive into the future...

Author: /time Magazine | Title: India Brews a Stronger Cup | 11/15/2007 | See Source »

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