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...Beijing has what it used to call "core interests" - issues that stand above and beyond the rest. Taiwan is one. Another - a recent product of its economic surge - is long-term access to the oil, gas and minerals needed to fuel the country's growth for decades to come. Iran, from whom Beijing now buys a tick over 400,000 barrels a day (about 14% of China's total oil imports), is clearly part of that future. But U.S. Secretary of State Hillary Clinton recently called out Beijing in public to get off the fence and sign...

Author: /time Magazine | Title: China's Iran Dilemma | 2/22/2010 | See Source »

...There's an inconvenient truth liberals are going to have to confront: ... the birther conspiracy theory was first concocted by renegade members of the original Obama haters ... a splinter group of hard-core Hillary Clinton supporters who did not want to give up the ghost ... Wing nuts exist in both parties, wherever anger and absolutism drive people to believe that their political opponents are their personal enemies...

Author: /time Magazine | Title: Verbatim | 2/22/2010 | See Source »

...Portugal, Ireland and Spain--are caught in the undertow of Greece's crisis. All three have displayed better fiscal behavior than Greece, but they suffer from the same disconnect between their dire local economic conditions and the monetary policymakers in Frankfurt with other things on their minds. Meanwhile, a core euro-zone country, Italy, has also fallen out of favor with investors because of its high government debt. In a sure sign that these troubles are serious, market analysts have assigned them a catchy acronym: PIGS, for Portugal, Ireland, Greece and Spain (or PIIGS if you include Italy). In early...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

...forcing Greece to simply abandon the euro before it drags the currency down to nothing. "Once that happens, markets then turn successively on indebted countries like Spain, Portugal, Italy and Ireland until they're driven out as well," Hancké explains. "At that point, even if a core of countries continue using the euro after so many others have left, the currency will have lost it's main original function as being the means by which greater European integration and common governance is attained...

Author: /time Magazine | Title: Could the Euro's Days Be Numbered? | 2/19/2010 | See Source »

...That's a double backward flip with 3.5 revolutions, a maneuver that pushes the limits of what snowboarders can accomplish. Don't be fooled by White's shaggy looks: underneath those baggy jeans, he is more jacked than you'd think. "He's using a lot of his core muscles," says Bower. "He definitely has a lot of strength in his legs and back muscles. He's wiry-strong, and definitely in shape." (Watch a video about training for snowboard cross...

Author: /time Magazine | Title: Shaun White vs. Lindsey Vonn: Who's Better? | 2/18/2010 | See Source »

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