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The idea is to borrow money cheaply in one country and invest it in another with higher interest rates and where the currency may be appreciating. Last year a plunging dollar and the Fed's decision to slash rates made the U.S. currency ideal for funding carry trades. For example...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

On top of criticism that it has been slow to fix its vehicles, Toyota has wrecked its political cover. Although the company had artfully balanced both U.S. political parties by designing green cars and building them in red states, its goodwill was strained in recent weeks by the decision to...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

But at about the sixth month, Nesi began experiencing panic attacks. Soon her intermittent anxiety evolved into full-blown depression. "I didn't want to get out of bed all day. I avoided people, kept crying a lot, didn't eat properly and even had second thoughts about having a...

Author: /time Magazine | Title: Postpartum Depression: Signaled During Pregnancy? | 2/11/2010 | See Source »

The E.U. is now rethinking this 20-year-old arms ban. Spain, which holds the E.U.'s rotating presidency until July 1, has called for a review of the embargo as a way of improving relations with Beijing. "We are all aware of the new role which China is assuming...

Author: /time Magazine | Title: Should Europe Lift Its Arms Embargo on China? | 2/10/2010 | See Source »

Lawyers representing Fonseka are planning to petition the Supreme Court challenging his arrest and seeking a decision declaring the poll null and void, Tissa Attanayake, the general secretary of the United National Party said. The opposition has already raised objections to the elections commissioner over vote rigging, but commissioner Dayananda...

Author: /time Magazine | Title: Sri Lankan Protesters Take to the Streets | 2/10/2010 | See Source »

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