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...most realms, in fact, the return to normality is under way. Banks are paying back TARP funds. Cash for Clunkers has faded into the sunset. The chairman of the Federal Reserve Board has declared the recession over, and home prices are inching upward...

Author: /time Magazine | Title: Should the Home-Buyer Tax Credit Be Allowed to Expire? | 9/28/2009 | See Source »

Indian newspapers were ecstatic: "One Big Step For India, A Giant Leap for Mankind," read the headline in the Times of India. ISRO chairman G. Madhavan Nair was beaming when he told reporters on Friday that "India should be proud that Chandrayaan discovered water on the moon It is acknowledged the world over that this is a real discovery and a path-breaking event for the Indian space agency." (See pictures of Earth from space...

Author: /time Magazine | Title: Water on the Moon Buoys India's Space Program | 9/26/2009 | See Source »

...program's worth and the need for future missions. But ISRO scientists say they simply underestimated the radiation levels the probe and its communication system would face, problems they will now fix. The water discovery was vindication that they had got a lot right and the hiccup, said chairman Nair last week, was all part of a normal learning curve. The ISRO, Nair told reporters, is "100% satisfied with the mission's objectives." (See the top 50 space moments since Sputnik...

Author: /time Magazine | Title: Water on the Moon Buoys India's Space Program | 9/26/2009 | See Source »

...garner a larger share of the increasingly competitive commercial satellite launch market. On Thursday, it launched six European and Turkish satellites from its Polar Satellite Launch Vehicle. "[The] returns, in terms of the science, the technology, inspiration, stature, prospects for international cooperation... are immense," K. Kasturirangan, former ISRO chairman who conceived Chandrayaan-I, told TIME before the launch. It doesn't hurt that the country's celebrating...

Author: /time Magazine | Title: Water on the Moon Buoys India's Space Program | 9/26/2009 | See Source »

...chairman of the African Union at the moment. You referred to President Obama in your speech yesterday as the "son of Africa." Do you feel a kinship with President Obama? And what would you like the United States to do in Africa? Indeed this kinship is there, is existing...

Author: /time Magazine | Title: Exclusive Interview: Gaddafi on Obama, Israel and Iran | 9/25/2009 | See Source »

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