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...habits are deeply ingrained and driven by the need for "precautionary savings" for medical care, old age or sudden calamity in the absence of robust government safety nets. "It's not that Chinese like to save for the sake of savings," says Tan Khee Giap, chair of the Singapore chapter of the Pacific Economic Cooperation Council. "It's that for thousands of years they had to save to protect themselves." In other words, making it easier for other Asian countries to access China's market isn't the same as convincing Chinese consumers to spend more. "The Chinese remind everyone...

Author: /time Magazine | Title: APEC's Bonding Experience | 11/16/2009 | See Source »

...think; why large-scale, sustainable changes won't occur until financial markets take climate costs into account--are presented as tedious lectures. As with flossing every day or eating healthier foods, Americans should make an effort to understand and solve the climate crisis. But a whole chapter about wind turbines? Maybe we'll just wait for the movie...

Author: /time Magazine | Title: The Skimmer | 11/16/2009 | See Source »

...that's only the second or third chapter in a story whose brutal revelations come at regular intervals. A riveting scene near the end of the movie - with Mary, Precious and a social worker played by a makeup-free Mariah Carey (who should work for Daniels every chance she gets) - is as powerful as anything on film this year. (Look for other stealth casting, including Lenny Kravitz and Sherri Shepherd.) Because Oprah Winfrey and Tyler Perry are executive producers, you might expect the sort of classic inspirational arc they both favor. But Winfrey and Perry aren't the creative forces...

Author: /time Magazine | Title: Precious Review: Too Powerful for Tears | 11/16/2009 | See Source »

...maxillofacial surgeon, Jerome Sobel has brought a smile - literally - to hundreds of patients' faces. But the Lausanne physician has a second job that is far more somber: helping terminally ill people end their lives. Sobel is president for French-speaking Switzerland's chapter of EXIT, an assisted-suicide organization that provides a lethal dose of barbiturates to terminally ill patients who want to end their life. (See pictures of suicide in the U.S. Army recruiters' ranks...

Author: /time Magazine | Title: Swiss Government Tries to Stop 'Suicide Tourists' | 11/16/2009 | See Source »

...they trim their operating budgets, BA/Iberia will still be carrying serious weight - the combined firm should fly some 60 million passengers each year. But that calls for slick organization, something BA hasn't always enjoyed. (Remember the opening of Heathrow Airport's Terminal 5?) "When United [Airlines] went into Chapter 11, they were the largest airline in the world," says Pilarski. "Airlines that went under didn't go under because they were so puny they just needed to be bigger. If BA at their size is not efficient, something is major league wrong...

Author: /time Magazine | Title: Will the British Airways and Iberia Merger Lift Off? | 11/14/2009 | See Source »

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