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...current rates, the electric-fuel usage for e-cars is estimated to be 50% cheaper than gasoline, or about 4 cents a mile. This comes with the added benefit of low maintenance costs for EVs and, of course, zero emissions. In the U.S., 40% of greenhouse-gas emissions come from transportation. And never underestimate the force of status. Along with a $7,500 federal tax credit, being the first on the block with a road-worthy EV is expected to be the market's primary driver in the years ahead...

Author: /time Magazine | Title: Utilities Scramble to Meet Power Needs of Electric Cars | 7/16/2009 | See Source »

Marking an Epoch Thank you for your special issue on 1989 [June 29 - July 6]. The memory of '89 is still within all of us, and sharply informs our current world. Whether they show the killings at Tiananmen Square or the fall of the Berlin Wall, the images of that momentous year reverberate to this day. TIME did a great job in reviving them. Nischal Poudyal, Kathmandu...

Author: /time Magazine | Title: Inbox | 7/16/2009 | See Source »

...Speculative froth in China's financial markets abounds. Long-futures interest on copper contracts on the Shanghai Metals Exchange - bets that the price of copper will continue to rise - recently exceeded the total amount of copper delivered into China in 2008. Research Edge's Barber believes Beijing is buying current growth at the expense of the future. Politically, he acknowledges, Beijing's leadership may not have had any other realistic choice when the developed world collapsed last fall. "But I have no doubt there will be pain down the road" because of the lending binge, he says...

Author: /time Magazine | Title: China's Economic Recovery Gathers Steam | 7/16/2009 | See Source »

...current uproar concerns Panetta's controversial decision to immediately alert the congressional intelligence oversight committees about the secret terrorist-assassination program the CIA reportedly began developing (but never put into action) after Sept. 11, 2001. Informed of the program on June 23, Panetta told the committees the very next...

Author: /time Magazine | Title: Should Panetta Have Disclosed the CIA Secret Program? | 7/15/2009 | See Source »

Iranian authorities claim that those executed were responsible for killing civilians and policemen in several different attacks, and made no specific link between their crimes and the current postelection political crisis. But because Iran sees Jundallah as having U.S. backing, the timing of the execution reinforces Tehran's narrative that foreigners are to blame for the postelection unrest. The executions are also a message to Iran's restive minority groups to stay out of the confrontation between President Mahmoud Ahmadinejad and his opponents. (See pictures of violence to intimidate Iranians...

Author: /time Magazine | Title: Iran's Campaign Against Foreign Plots | 7/15/2009 | See Source »

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