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HONG KONG, CHINA Cash Crunch Not long ago, American businessmen flocked to trade shows in Guangzhou, China, searching for bargains from the country's southern factories. "Americans are famous for one thing," says Ken Melwani, Hong Kong - based director of trading company Nikita, whose 10 Chinese manufacturing plants turn out women's undergarments for export to Latin America and Africa. "They don't care about quantity. They just want to know: 'What is the price?'" This year, Melwani noticed that U.S. buyers weren't coming anymore. And something else was different. His bank has stopped pushing loans. "Definitely things have...

Author: /time Magazine | Title: Now the Real Pain Begins | 10/16/2008 | See Source »

What do you miss most from before you were famous? Vanessa Bravo GAINESVILLE...

Author: /time Magazine | Title: 10 Questions for Queen Latifah | 10/16/2008 | See Source »

...Heyser, whose photos of Soviet nuclear-weapons sites ignited the Cuban missile crisis, once told the Associated Press that he was relieved not to have become the person who started World War III. As a U.S. Air Force major, Heyser flew the U-2 spy plane that took the famous pictures. Those photos prompted President John F. Kennedy to announce in October 1962 that the Soviet Union was building secret missile sites 90 miles (about 150 km) from Florida's coast. A tense standoff with the Soviets ensued. Heyser later won three Distinguished Flying Crosses and a Bronze Star...

Author: /time Magazine | Title: Milestones | 10/16/2008 | See Source »

Smith: In a more benign way, I would point to Eisenhower ... It was famous around the White House that if [he] was wearing a brown suit that day, stay away, because you didn't want to be around him. George Washington spent a lifetime trying to control his temper, not always successfully. Eisenhower probably did a more successful job, but that's not public ... On a brown-suit day, he was irritable. He could be curt, but ... most of the time, [he was] much more politically sophisticated than he wanted the public or the press to believe...

Author: /time Magazine | Title: What Kind of Temperament Is Best? | 10/16/2008 | See Source »

...border dispute erupted in July after UNESCO awarded world-heritage status to the 900-year-old temple. It was built by ancient Khmers, the dominant ethnic group in Cambodia, who also constructed the famous Angkor Wat complex. Although the U.N. agency accepted Cambodia's sole claim of the site, Thailand believes that a stretch of land that is used to access the temple is rightfully its own. In 1962 the International Court of Justice ruled that the temple was in Cambodian territory, but it sidestepped the issue of the access route. For weeks in July and August, hundreds of soldiers...

Author: /time Magazine | Title: Thai-Cambodian Border Spat Heats Up | 10/15/2008 | See Source »

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