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...that China's state-controlled companies have begun a shopping spree triggered by their access to cash and an eye to assets in other parts of the world beaten down by the recession, the fight over whether some assets are "too big to be bought" is heating up. There have been rumors that Chinese car companies might bid for auto brands in the U.S. and Europe. China's sovereign fund may be a bidder for AIG's (AIG) huge airplane lease division ILFC...

Author: /time Magazine | Title: As PetroChina Buys Into Singapore Pet, Issues About Strategic Interests Rise | 5/25/2009 | See Source »

Boutros-Ghali will also need to keep a close eye on his country's own economy: the global downturn has hit Egypt's growth. "The big problem is that it will slow job creation, and we can't afford that," Boutros-Ghali says. But, he adds, there's no reason to panic just yet: "We have a comfortable balance of payments and reserves." With a little luck, Egypt may escape the "pointy end" of the IMF's policies this time...

Author: /time Magazine | Title: Boutros-Ghali's Developing Vision for the IMF | 5/25/2009 | See Source »

Over the years, we noticed that each time we visited, Noah had a new scar, a black eye or a chipped tooth. In clinical parlance, these were Noah's "unobserved, self-inflicted injuries" - or USIs. One day, Noah had a dozen thick, black stitches on his forehead. As Noah's medications increased, so too did the number of USIs he suffered. Noah was already on Trileptal, Zyprexa and oral and injected Ativan. The collective side effects of these three drugs filled three pages of his IPP. I've looked and never been able to find a study of how they...

Author: /time Magazine | Title: Growing Old with Autism | 5/25/2009 | See Source »

...editor-at-large of the Oxford English Dictionary (OED), Jesse Sheidlower has a bird's-eye view of how words do - or don't - make their way into the book that defines the English language. The past year has seen such additions as subprime and credit crunch. Those words had been around for quite some time, but it took a while for the OED to give them their own entries. "We're not going to just put in buzzwords," says Sheidlower. "We're not going to put in something that will go away three months from now." Which is perhaps...

Author: /time Magazine | Title: 'Green Shoots': The Trouble with Economic Metaphors | 5/22/2009 | See Source »

Netanyahu emerged from Monday's White House meeting saying he and Obama saw "exactly eye to eye" on the Iran issue, and some media reports suggested that Obama had agreed to a deadline of the end of 2009 for his diplomatic efforts to succeed in persuading Iran to reverse course on its nuclear program. In fact, Obama was more nuanced in response to the Israelis' agitation for a time limit on Washington's outreach to Tehran, refusing to impose an "artificial deadline" but affirming that his patience was not unlimited, and that by year's end he would have...

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

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