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The North rebuffed U.S. Secretary of State Hillary Clinton's recent invitation to return to the six-party talks. China, in the wake of the test, suspended all government exchanges with North Korea and could inflict considerable economic pain on Pyongyang by cutting off trade and fuel shipments. China now...

Author: /time Magazine | Title: Your Move, China | 6/15/2009 | See Source »

The key, in Ross's view, is the state of Iran's economy. Though it sits on the world's third largest reserves of oil, Iran faces a growing economic crisis. The government is dependent on oil exports for 85% of its revenue, but Iran's aging production capacity is...

Author: /time Magazine | Title: Can the U.S. Contain Iran's Nuclear Ambitions? | 6/15/2009 | See Source »

Ross wanted to target that economic vulnerability. "If you're really going to concentrate the Iranian mind to what they stand to lose, they're going to have to see that the economic price goes up dramatically from where it is right now," he explained. But to make sanctions work...

Author: /time Magazine | Title: Can the U.S. Contain Iran's Nuclear Ambitions? | 6/15/2009 | See Source »

Ross then laid the carrots on thick, dispensing with the formal line that the U.S. doesn't talk to Iran. On the weekend of March 27, a U.S. diplomat discussed economic issues with his Iranian counterpart in Moscow. Days later, the U.S. special representative for Afghanistan and Pakistan, Richard Holbrooke...

Author: /time Magazine | Title: Can the U.S. Contain Iran's Nuclear Ambitions? | 6/15/2009 | See Source »

As if all this striped-pants nicety were not enough, on April 8, the State Department announced it would join the Europeans, Russia and China in nuclear talks with Iran without condition - meaning that Iran could continue enriching uranium while all sides figured out how to start talking, a concession...

Author: /time Magazine | Title: Can the U.S. Contain Iran's Nuclear Ambitions? | 6/15/2009 | See Source »

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