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This round of trade negotiations was supposed to be about "development," which made it ironic that the proximate cause of the failure was the claim by developing nations that not enough was being done to protect their farmers, like the Indian pictured above, from a surge of rich-world imports. But the precise rock on which the talks foundered - if it hadn't been one, it would have been another - was less significant than the evident power and influence that developing nations now have on the international economic agenda. Seven years ago, before Iraq, the subprime meltdown...

Author: /time Magazine | Title: Global Trade Talks Collapse | 7/30/2008 | See Source »

...Amid whispers that colleagues are plotting to replace him, staying within earshot of Westminster (and taking along his Downing Street staff) is a good idea. And for the price of an ice cream, or the hire of a deck chair in the Suffolk resort of Southwold, he might even claim he's giving back to Britain's beleaguered businesses...

Author: /time Magazine | Title: Reading Into Leaders' Vacation Spots | 7/30/2008 | See Source »

...models show that green can be given a devastatingly cool makeover. Britain's Lightning GT and the U.S.-built Tesla Roadster both reach 60 m.p.h. in 4 seconds or less, their makers claim, with top speeds approaching 130 m.p.h. The Lightning GT - unveiled at London's International Motor Show last week and set to be available from the end of 2009 - sports an impressive, sleek and sexy design, drawing on Aston Martin's classic British look. Tesla, which launched its hot, little open-top two-seater a couple of years ago, has already sold out of the 2008 model...

Author: /time Magazine | Title: A New (Good) Look for Electric Cars | 7/28/2008 | See Source »

...think about this stuff, so they want to make it easy for you. They translate complex economic projections into aphorisms. They turn tax plans that must be read with lawyers' help into sentences a third-grader can understand. The details? Bah. That's politically foolish, even if voters claim that's what they really want to hear about...

Author: /time Magazine | Title: The Candidates' Tax Plans: Fuzzy Math | 7/28/2008 | See Source »

...return to where we began, a war of words with few numbers to back them up. The candidates speak in platitudes and broad swipes. They claim the high road, while banishing their opponents to the low road. And the American voters, if they are interested, must sort through the literature seeking numbers that were never really meant to add up. "In the real world, this gives you a sense of what the candidates would want to do," says Williams, of the analysis of the candidates' tax plans, "but not really a sense of what would happen if they were elected...

Author: /time Magazine | Title: The Candidates' Tax Plans: Fuzzy Math | 7/28/2008 | See Source »

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