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...takes to keep the swelling middle class happy. In Beijing, for example, newly prosperous residents are snapping up automobiles at a rate of 1,000 a day. The number of vehicles on the capital's sclerotic roads has doubled in the past five years, to 3 million. (By comparison, there are about 2 million vehicles registered in all of New York City.) But despite a grim pollution problem (Beijing air quality is among the world's worst) that could embarrass China during next summer's Olympic Games, the central government has made no move to curb vehicle purchases through regulation...

Author: /time Magazine | Title: China's Me Generation | 7/26/2007 | See Source »

Even with the dramatic increase in American forces there are still areas where 1-15 has trouble maintaining a constant presence. But Block said there was no comparison between Fallujah in 2004 and his current assignment. "This one's a lot quieter," he said. "Our area of operation is much more secure." Sgt. Salgado agrees. On his last deployment, in volatile Diyala province, Salgado said his unit "got hit with IEDs [improvised explosive devices, that is, roadside bombs] on a daily basis." Since returning to Iraq in April the unit has found a couple of roadside bombs before they went...

Author: /time Magazine | Title: The Surge Reaches Small-Town Iraq | 7/25/2007 | See Source »

These are the types of rebukes that come to mind when I am marching along and I and hear the perennial heckle about the candidate’s absence. And such bratty behavior pales in comparison when considering the more powerful argument against the primary: One of the smallest and most affluent states in the country (not to mention one of the most predominantly white) has the power to greatly influence the presidential candidate offered by each of the two major parties...

Author: By Robert G. King | Title: First in the Nation | 7/20/2007 | See Source »

...weak dollar also makes U.S. asset prices attractive to foreign investors. U.S. interest rates are higher than those in Continental Europe and are much higher than Japanese rates. Similarly, U.S. stocks look better by comparison. Measured in euros or pounds, the S&P 500 index is up less than 50% from its October 2002 lows, while European markets have more than doubled. Plus, Standard and Poor's recently reported that 44.2% of the revenues of companies in the S&P 500 index were generated abroad, up from 32% five years ago. With almost half of their revenues being earned...

Author: /time Magazine | Title: Greenback Mountain | 7/19/2007 | See Source »

...stripped of agenda, does this curious comparison mean anything at all? Is it really possible that Chicago is more dangerous than Iraq...

Author: /time Magazine | Title: Is Baghdad Safer Than Chicago? | 7/19/2007 | See Source »

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