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...going to be a year of unprecedented economic complexity. He certainly got that right. A real estate downturn, perhaps a severe one, will hit China sooner or later. The problem is that if it arrives sooner, the world's fastest-growing economy doesn't have a whole lot to fall back on. Its export markets are still weak and its capacity to increase infrastructure spending again, after the massive increases of the past two years, is limited. With the rest of the world still trying to regain its economic footing, the authorities in Beijing are hoping they can shrink...

Author: /time Magazine | Title: China's Property: Bubble, Bubble, Toil and Trouble | 3/22/2010 | See Source »

...Panama and Noriega," he explains, referring to Manuel Noriega, the notorious general who ruled the country from 1983 to 1989. "But now it will be Panama and Trump." Or at least he hopes so. "We bet $400 million on it," Khafif says. (From TIME's Archives: The Fall of Manuel Noriega...

Author: /time Magazine | Title: Donald Trump Goes on an Adventure in Panama | 3/20/2010 | See Source »

...coach Kathy Delaney-Smith said. “I was pretty disappointed, because I thought we practiced well, I thought we were ready. It appeared that we had all our pieces in place to compete with [Syracuse]. We took some really big shots early that didn’t fall, and that got under our skin...

Author: By David E. Lopez-Lengowski, CONTRIBUTING WRITER | Title: Women's Hoops Falls to Syracuse in WNIT | 3/20/2010 | See Source »

...Napa County supervisors approved the Mansfields' restoration permits unanimously last fall. "The historic winery structures are symbols of the continuity of the wine industry in this valley," explained supervisor Diane Dillon, whose great-grandfather Connelly Conn - Conn Valley's namesake - used to grow grapes for the old Franco-Swiss Winery. "Everyone wants to have a wine industry like ours, and almost every state says it has a wine region now. But ours is 150 years old, and these historic buildings tie the current industry to the past and ensure that their context is not forgotten...

Author: /time Magazine | Title: Bringing a Historic but Haunted Winery Back to Life | 3/20/2010 | See Source »

...social and financial despair. The mother apparently believed that her daughter's failure to win a highly coveted place at an international school had doomed the child to a life of mediocrity and that it would be best for them to die together (the girl miraculously survived unhurt, her fall broken by netting...

Author: /time Magazine | Title: Hong Kong: Parent-Child Suicides Are Rising | 3/19/2010 | See Source »

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