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...deadline fast approaching, Iran's pushback against a deal that would require it to ship out most of its current enriched-uranium stockpile for conversion abroad into harmless reactor fuel has prompted many in Washington to score Obama's outreach effort a failure. "I don't think anyone can doubt that our outreach has produced very little in terms of any kind of positive response from the Iranians," Secretary of State Hillary Clinton said last week. (Watch a video of TIME's interview with Ahmadinejad...

Author: /time Magazine | Title: Stalemate: How Obama's Iran Outreach Failed | 12/22/2009 | See Source »

...deal appeared to be in doubt for much of Friday morning, after a small group of countries including Cuba, Sudan, Bolivia and Venezuela worked to block the accord. They complained that the deal brokered by Obama and his interlocutors lacked specific emission-reduction targets, and only included a vague pledge to attempt to keep global warming from rising above the upper safe limit of 2 degrees celsius. The dissenters also attacked the climate finance for poor countries promised in the deal - around $30 billion for the period to 2012, and $100 billion annually by 2020 - as far short...

Author: /time Magazine | Title: Obama's Climate Compromise Leaves a Bitter Aftertaste | 12/20/2009 | See Source »

...than 4,000 new hotel rooms will depress an already oversupplied market. Murren describes it as the "stimulus package of all time for this community," pointing to the 12,000 jobs CityCenter has created. Expectedly, he's bullish that CityCenter will lure new visitors to Vegas. "There's no doubt in my mind that more people will come to Las Vegas next year than this year...

Author: /time Magazine | Title: How Las Vegas' Opulent CityCenter Survived Dubai | 12/19/2009 | See Source »

There is little doubt that Beltrán Leyva was a bona fide kingpin and a genuine threat to the Mexican security services. Born in a rough-hewn village of the northern Sierra Madre, he was alleged to have been trafficking heroin and marijuana since the 1980s. As Mexican cartels grew in power, drug agents say, he forged a smuggling empire stretching from the jungles of Colombia to the avenues of New York City. He is alleged to have masterminded the killing of hundreds who stood in his way, including federal police chief Edgar Millan, who was shot dead...

Author: /time Magazine | Title: Mexico Takes Down a Drug Lord. But Will It Make Any Difference? | 12/18/2009 | See Source »

...Nike Without a doubt, the swoosh will stand by Woods. Nike has backed Woods since his 1996 professional debut and reportedly pays him $30 million per year. "I think he has been really great," Nike chairman Phil Knight told the Sports Business Journal this week. "When his career is over, you'll look back on these indiscretions as a minor blip, but the media is making a big deal out of it right now." Woods' sexcapades and subsequent absence from the Tour might not hurt Nike's $650 million golf business as much as you think. Golf accounts for less...

Author: /time Magazine | Title: Tiger Woods' Sponsors: Will Any Stick by Him? | 12/16/2009 | See Source »

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