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...While sure to appeal to See's current fans, the book's cover (adapted from a "beautiful girl" calendar) and title suggest a desire to snare a new clutch of readers: those who can't get enough of Shanghai. Or, to be more precise, a particular Shanghai - the celebrated and notorious treaty port of the 1840s to 1940s that was divided into foreign-run and Chinese-run districts. Now often called "old Shanghai," it gained fame as a place that foreigners could go to get a glimpse of mysterious China (while still enjoying the comforts of home) and Chinese could...

Author: /time Magazine | Title: A Tale of Two Sisters | 7/13/2009 | See Source »

...same banks that we bailed out are major players in the energy markets: Citigroup, through its Phibro commodities-trading subsidiary, and Goldman Sachs, through its energy-trading desk. Banks are most likely playing a key role in the current run by putting the bailout money to good use: to continue the bid for oil. Again, just a fraction of the bailout is enough to corner the market and rig the price of crude - not that any of these players would dare...

Author: /time Magazine | Title: Why There Should Be More Oil Speculation, Not Less | 7/10/2009 | See Source »

...Cambridge City Councillor Sam Seidel said that he hopes that the tax increases will not have too much of a negative impact on Cambridge, even though consumers are spending less in the current economy. He noted that Harvard Square seems to be "immune" to the effects that tax hikes would typically have on small businesses...

Author: By Ellie Reilly, CRIMSON STAFF WRITER | Title: State Sales Tax Hike Unnerves Some Square Businesses | 7/10/2009 | See Source »

...report found that FPS is not providing guards with required training - one region hadn't offered mandatory courses since 2004. In addition, guards were found to have expired certifications in things like firearm and CPR training. Forty percent of the 191 guards at one high-level facility lacked current paperwork to demonstrate they had not been convicted of domestic violence - documents that are necessary to carry a gun legally...

Author: /time Magazine | Title: The Federal Government Cannot Protect Itself | 7/10/2009 | See Source »

...however much the Pakistanis help, McChrystal does not have an easy job. He concedes that Afghanistan's current security forces - 86,000 soldiers and 82,000 national police - aren't enough to protect the country. And U.S. commanders have made it clear that even with reinforcements in the pipeline, they don't have enough troops to run a full-fledged counterinsurgency campaign. That is one reason U.S. commanders came to rely on airpower, which only perpetuated a feedback loop that made the job of winning trust among Afghans even harder...

Author: /time Magazine | Title: A New General, and a New War, in Afghanistan | 7/10/2009 | See Source »

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