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...needs cash. China needs fossil fuels; it needs them from a variety of suppliers far into the future - and it has the money to pay for them. Half of the country's massive national savings of $2 trillion is in corporate coffers. "These [Chinese] companies know this slump, while deep, will not last forever," says Xu Minle, a Shanghai-based analyst at BOC International. "China is now making strategic investments overseas at a comparatively lower cost...

Author: /time Magazine | Title: Buying Binge | 3/5/2009 | See Source »

...prospects of same-sex marriage in California grew dimmer Thursday, when two Supreme Court justices who helped create the right for gays to marry in last year's historic decision expressed deep reservations about attempts to strike down a statewide referendum passed last fall to ban the practice. "You would have us choose between these two rights: the inalienable right to marry and the right of the people to change their constitution," said Justice Joyce L. Kennard, one of those two key judges. "You ask us to willy-nilly disregard the right of the people to change the constitution...

Author: /time Magazine | Title: Gay Marriage: Is California's Supreme Court Shifting? | 3/5/2009 | See Source »

...bottles and flower leis litter the crunchy black rock at the feet of an elderly woman in a bright red mumu dress singing an ancient mele. Her voice echoes to the bottom of the deep and dormant Halemaumau Crater, the sacred centerpiece of the Hawaii Volcanoes National Park and the home of Pele, the feared and revered Hawaiian volcano goddess (gin being her favorite, fiery drink). Tourists in shorts stop and stare at the scene, their heads bowed down in geological reverence. (See pictures of volcanoes...

Author: /time Magazine | Title: Up Close and Personal with Hawaii's Volcanoes | 3/5/2009 | See Source »

...biggest interests: fantasy baseball.The Average Fantasy Joe puts together a league with his buddies and picks up players whose names he recognizes or who have done well for his favorite team. But Swanay—with nearly two decades as an actuary under his belt and a deep reservoir of baseball knowledge—had no intentions of being average. When Swanay began playing fantasy baseball, he didn’t rely on gut instinct or subjective judgments to form his teams. He plugged countless numbers into spreadsheets, using advanced quantitative methods to value players and to create rankings that...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Scott Swanay Makes Living with Statistics | 3/4/2009 | See Source »

...first thing we need to do is draw a collective deep breath and seek calm." - On how the US should best handle the perpetual political stalemate with North Korea. Newsweek...

Author: /time Magazine | Title: Special Envoy Stephen Bosworth | 3/3/2009 | See Source »

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