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...them have the ability to execute at lightning speed, and the closer their computers are to the ultimate destinations, i.e. exchanges, the more of an advantage they have," says Arnuk, whose paper began circulating several months ago, setting Wall Street abuzz. (See pictures of TIME's Wall Street covers...

Author: /time Magazine | Title: High-Frequency Trading Grows, Shrouded in Secrecy | 8/5/2009 | See Source »

...battles and bills and dates, and begins to acquire a more palpable reality. Around age 50, I started to feel, in ways I really hadn't when I was younger, as if I could see and feel the rhythms of history. The year of my birth is now closer to the 19th century than it is to the present day. I was only a small child in the late 1950s and early 1960s, but I have a firsthand sense of what that era looked and felt like, and the ways in which it looked and felt different than the late...

Author: /time Magazine | Title: Is China the New Us? Or Are We? | 8/3/2009 | See Source »

...afternoon, as the hour for the protests grew closer, many offices in the Iranian capital began shutting down or running with a bare-bones staff. Workers began leaving to assemble at protest sites, traveling by way of the clogged subway, by cab or on foot. "I'm not scared," said a banker as he headed for the sprawling Behesht-e Zahra cemetery, where many opposition "martyrs," including the iconic Neda Agha-Soltan, have been buried. He says the planned memorial service was especially poignant for him because he saw a protester shot at Azadi Square on June 20, the same...

Author: /time Magazine | Title: Tehran Dispatch: A Crackdown to Forbid Mourning | 7/30/2009 | See Source »

...Nearly a millennium later, that language still lingers, spoken by ethnic Uighurs, a Turkic Muslim minority who make up the majority population in the Chinese frontier region of Xinjiang. Kashgar, a city of 3.4 million surrounded by mountains and desert, is at Xinjiang's westernmost tip, closer to Baghdad than to Beijing. And while its history is rich - most agree at least 2,000 years old - many Uighurs in Kashgar see their culture and heritage as under attack by the Chinese government. In the latest move, authorities have started to demolish Kashgar's old town - an atmospheric, mud-brick maze...

Author: /time Magazine | Title: Tearing Down Old Kashgar: Another Blow to the Uighurs | 7/29/2009 | See Source »

...Republicans like to call an all-of-the-above energy policy. Yes, plenty of coal-fired power plants, but also generous emphasis on wind, solar, and nuclear. It appears as though China will have little difficulty surpassing its 15 percent renewable energy target by 2020, and will end up closer to 18 percent—between three and six percent more than the U.S. To give just one example, the so-called "Three Gorges of Wind" project—named after the Three Gorges Dam, the world's largest—aims to produce 20 gigawatts of electricity...

Author: By Clay A. Dumas | Title: Falling Behind | 7/27/2009 | See Source »

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