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...government's defense, the stimulus bill has directed further billions toward clean energy, and the new levels of funding will be higher than anything the industry has ever known. But other nations, especially in Asia, are still beating us. China is reportedly investing up to $660 billion over the next decade in clean energy and research. South Korea is planning to invest close to 2% of its GDP each year, or about $85 billion over five years, in clean tech. And Japan is aiming for a twentyfold expansion in installed solar by 2020. Meanwhile executives in American clean-energy companies...

Author: /time Magazine | Title: Clean Energy: U.S. Lags in Research and Development | 8/1/2009 | See Source »

...German car maker's weak position in the U.S. market, the world's largest, has turned out to be a blessing in disguise during this crisis. Toyota has been hit hard by falling sales in the U.S. and is closing a manufacturing plant in California, the first closure ever for the world's largest car maker. VW, meantime, is using the downturn to refocus its American efforts. It knows the U.S. market is key to any manufacturer with global ambitions and plans to boost sales there with what VW officials call their "Toyota killer" - a new mid-sized car specifically...

Author: /time Magazine | Title: Why Volkswagen Is Powering Through the Recession | 7/31/2009 | See Source »

GRANADA, Spain — No one should ever leave Andalucia without watching flamenco, the quintessential dance of southern Spain, at least once. Admittedly, I had my doubts when I signed up for what appeared to be some kind of packaged “deal” (it included transportation to and from the performance, with a free drink thrown in). I was prepared for a cheesy evening, ready to encounter the clichéd España of American films and guidebooks. But, once I entered the darkened flamenco club and the guitarist struck the first note...

Author: By Adrienne Y. Lee | Title: A Night of Flamenco | 7/31/2009 | See Source »

...their force, none of those attacks got ETA what it wanted: negotiation with the Spanish government over independence for the Basque territories in the country's north. So why, then, when the organization is weaker than ever and has lost any immediate chance of restoring the peace process after it broke the 2006 cease-fire, does it continue to use violence as a political weapon...

Author: /time Magazine | Title: Basque Terrorist Group Marks 50th Anniversary with New Attacks | 7/31/2009 | See Source »

...This inertia of habit may ensure that after 50 years, even a debilitated ETA could be hard to eradicate. "Think of those communist parties in Western Europe, or neo-Nazi groups, who don't have the slightest chance of ever returning to power - they're still around," Sánchez-Cuenca says. "An organization is a lot harder to kill than an individual...

Author: /time Magazine | Title: Basque Terrorist Group Marks 50th Anniversary with New Attacks | 7/31/2009 | See Source »

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