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Perhaps, then, it's only fitting that Greek government debt is the biggest threat to global financial stability today. Warning that Greece was in "critical condition," Prime Minister George Papandreou recently said that his country "faces the risk of sinking under its debt." Jitters over a potential Greek default have...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

That doesn't mean there's no downside. Supersized sovereign debt is likely to depress economic growth. Hefty debt payments lead to heftier taxes, which bite into consumer spending and corporate investment. Economists Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University found in a recent...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

China, where tiger-hunting was legal until 1977, is not the only country with a poor record of conservation. Tigers are also found in Bangladesh, Bhutan, Burma, Cambodia, India, Indonesia, Laos, Malaysia, Nepal, Russia, Thailand and Vietnam - but only just. A century ago, there were an estimated 100,000 tigers...

Author: /time Magazine | Title: Tale of the Cat | 3/1/2010 | See Source »

Today, penalties for harming tigers in China are harsh - a villager in Yunnan province was recently jailed for 12 years for killing and eating what might well have been the country's last wild Indochinese tiger. But the laws are patchily enforced. In December the SFA released a directive promising...

Author: /time Magazine | Title: Tale of the Cat | 3/1/2010 | See Source »

Ron Tilson opposes tiger-farming - "The day I see tigers on meat hooks is the day I'm gonna die" - and says many of his SFA colleagues privately oppose it too. He believes that official and popular attitudes in China toward conservation are changing so fast that the country's...

Author: /time Magazine | Title: Tale of the Cat | 3/1/2010 | See Source »

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