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...against this dim backdrop, the part of the world that was hit hardest by the trade crash - Asia - has been actively opening up its regional markets. According to the Asian Development Bank (ADB), the number of free-trade agreements (FTAs) signed by Asian countries has grown from just three in 2000 to 56 by the end of August. Nineteen of those FTAs are among 16 Asian economies, a trend that could help the region become a powerful trading bloc. "Asian integration is sort of a dream, but it is much more realistic than it was before," says Ganeshan Wignaraja...

Author: /time Magazine | Title: Fortress Asia: Is a Powerful New Trade Bloc Forming? | 9/7/2009 | See Source »

...only instances of switching from the right to the left; virtually every other change has been the reverse. Worried about increased accidents, tens of thousands of Samoans have protested the plan. As a Samoan lawyer opposed to the switch told the Times of London, "Cars are going to crash, people are going to die, not to mention the huge expense to our small country." (Read "Zero-Emission Cars: A Battle Among Technologies...

Author: /time Magazine | Title: Why Don't We All Drive on the Same Side of the Road? | 9/5/2009 | See Source »

...three months after the Congress returned to power, a powerful politician's sudden death has thrown Gandhi's party a challenge: who will it choose to succeed Y.S. Rajasekhara Reddy, the chief minister of the southern state of Andhra Pradesh, who died in a helicopter crash? And will merit or family ties dictate the decision...

Author: /time Magazine | Title: In India: Will Merit Triumph Over Dynastic Ties? | 9/5/2009 | See Source »

Also contributing to the shortage of derby-worthy cars: scrap-metal prices have doubled in the past two years, leading more owners to sell their cars to the junkyard instead of to a local kid with demo-derby dreams. (Watch TIME's video "Demolition Derby: Crash for Clunkers...

Author: /time Magazine | Title: Crash For Clunkers: Demolition Derbies Hard Up for Cars | 9/3/2009 | See Source »

...pageantry on display at derbies, too. Veteran demolition driver Lynn Buchanan paid $600 for his mid-'70s Chevy wagon, which he decorated with an American-flag motif for the Delaware County derby. He puts a lot of hours into fixing up the clunkers he's getting ready to crash and sees the derby as a healthy way to blow off steam in stressful times. "I tell my wife, at least I'm not at the bar or doing drugs," he says. "You know where I am - in the garage turning a wrench...

Author: /time Magazine | Title: Crash For Clunkers: Demolition Derbies Hard Up for Cars | 9/3/2009 | See Source »

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