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...scuppered deal enabled Rudd, whose administration would have had to rule on whether a Chinalco - Rio Tinto tie-up would hurt national security, to sidestep a political grenade. Rudd's political opponents have called him a "Manchurian Candidate" who has allowed China to gobble up Australia's national treasures. The charge is unfair; he's no apologist for the communist rulers in Beijing. (In Taipei, where Rudd studied Mandarin, his home was the wonderfully named Republic of China Anti-Communist Recover the Mainland International Youth Activity Center.) Rudd wrote his university thesis on the trial of leading democracy activist...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

...June 15] in one go. No surprise of course that the U.S. spawned Twitter, being world leader in social dislocation, self-absorption, celebrity infatuation and ADD. What better way to ignore the person in front of you (wife, child, old friend) than to be Twittering Oprah on how to deal with her dog's ticks? John George Ronaldson McLean, Wellington...

Author: /time Magazine | Title: Inbox | 7/13/2009 | See Source »

...these are two powers which both straddle a continent, and which both have worldwide interests. Between them, let's not forget, they own enough firepower to blow us all to kingdom come. The Cold War may have ended nearly 20 years ago, but the way the U.S. and Russia deal with each other still matters. (See pictures of Russia celebrating Victory...

Author: /time Magazine | Title: The Challenge That Awaits Obama in Moscow | 7/13/2009 | See Source »

...negotiations: the two phases of START - the first ratified in 1991, just before the Soviet Union collapsed, and the second signed in 1993 - led to an 80% reduction in the worldwide number of strategic nukes. A follow-on treaty would probably trim the arsenals further. Experts think a deal is possible. "We're in a strange 'back to the future' stage of relations with Russia," says Strobe Talbott, a Russia expert, former Deputy Secretary of State and president of the Brookings Institution. "The one thing we can do business on is arms-control treaties...

Author: /time Magazine | Title: The Challenge That Awaits Obama in Moscow | 7/13/2009 | See Source »

...diamond and timber exports have been lifted. Liberia is attracting foreign investment in iron ore, timber, palm oil and construction. Though steel giant Arcelor Mittal recently mothballed a $1.5 billion project to reopen an iron-ore mine and rebuild a railway in the eastern interior, Liberia has signed a deal with Sime Darby of Malaysia for an $800 million, 20-year concession to a 494,000-acre (200,000 hectare) combined palm-oil and rubber plantation. Earlier this year, the IMF and World Bank canceled Liberia's $4.7-billion foreign debt. "I'm not saying Liberia will be a paradise...

Author: /time Magazine | Title: Rebuilding Liberia | 7/13/2009 | See Source »

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