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...long history of the world, only a few generations have been granted the role of defending freedom in its hour of maximum danger." - Kennedy Inaugural Address...

Author: /time Magazine | Title: The Economy: A Portrait Of The 2012 Inauguration | 1/20/2009 | See Source »

...most in doubt, the father of our nation ordered these words be read to the people: "Let it be told to the future world ... that in the depth of winter, when nothing but hope and virtue could survive ... that the city and the country, alarmed at one common danger, came forth to meet...

Author: /time Magazine | Title: Obama's Inaugural Address: The Full Text | 1/20/2009 | See Source »

...these types of export-at-all-costs policies that some economists worry will cause a resurgence of 1930s-style antitrade policies. Jim Walker, an economist at independent research firm Asianomics in Hong Kong, says "the big danger" in Asia is a "round of competitive devaluations" of Asian currencies that sparks protectionism in the West. Walker fears that China, in its efforts to support growth and the millions employed in export factories, will eventually allow the yuan to depreciate, forcing all other Asian countries to do the same to keep their exports competitive. "If conditions do worsen, then every lever...

Author: /time Magazine | Title: The Threat of a Global Trade War | 1/19/2009 | See Source »

...Still, the danger deters few travelers. On a balmy afternoon just before Christmas, Manila resident Maristella Cempron waited patiently for her SuperFerry at Manila's crowded South Harbor. It was just a week after the MB Mae Jan accident. The 27-year-old security guard admitted to "having some jitters." But she wanted to return to her family for the holidays. "I'll take the risk," Cempron says. Bautista, the transport undersecretary, sums up the problem: "The main issue here is the safety culture of the Philippines," she says. "We have very, very low regard for safety...

Author: /time Magazine | Title: Asia Continues to Wrestle with Ferry Safety | 1/15/2009 | See Source »

...There is a convention that the principal heir should be kept away from real danger. As the 'spare' rather than the heir, Harry is expected by the royal family to take the ultimate military risks." - Robert Lacey, royal biographer, Washington Post...

Author: /time Magazine | Title: Prince Harry | 1/14/2009 | See Source »

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