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...after the end of the Civil War with German progress of the last two decades. While Germany has its own racial and immigration problems with sporadic outbreaks of violence, they are nowhere near the magnitude of those in the U.S. The "wounds" seem to me to be healing much faster than you claim. Xavier Chiampi, Aschaffenburg, Germany...

Author: /time Magazine | Title: Inbox | 10/12/2009 | See Source »

...Connell also defends the $100,000 Tesla roadster, which debuted last year. "It's twice as energy efficient as a Prius and six times as energy efficient as gasoline competitors, and faster than a Porsche 911," he says...

Author: /time Magazine | Title: The U.S. Bets a Billion on New High-Tech Automakers | 10/7/2009 | See Source »

...Hong Kong is suddenly terroir cognito in the wine world. The global recession has gutted the portfolios of wealthy Western investors who are cutting back on their lavish purchases, including spending on vintage wine. Not so for Chinese investors. China's economy has suffered less and bounced back faster from the financial crisis than the economies of the U.S and U.K. At the Sotheby's auction, a six-Liter bottle of 1982 Chateau Petrus Imperial - described as having a sweet leather taste and a pruney finish - was gaveled off to a mainland Chinese bidder for a record...

Author: /time Magazine | Title: Vintage Wines Fetch Record Prices in Hong Kong | 10/7/2009 | See Source »

...that the economy will continue to grow but at a rate slower than past recoveries. A recent poll of economists by the newsletter Blue Chip Economic Indicators found that on average, economists expect the economy to expand 2.7% in the fourth quarter of 2010. That's faster than the economy is growing today, but not what you would expect in good times. "The rule is that the deeper the recession, the more robust the rebound," says Blue Chip editor Randy Moore. "But that's not what people are predicting this time. Absent the stimulus, there is still a worry that...

Author: /time Magazine | Title: Economic Forecasting: A Foggier View Than Ever | 9/29/2009 | See Source »

While some observers were buoyed by Hu's statements, many environmental groups were disappointed. Most critics, however, have to temper their criticism. The irony is that China actually is developing renewable-energy sources faster than any other country in the world. Hu vowed yesterday that by 2020 renewable sources will account for 15% of China's total energy output - and there are industry analysts, both foreign and domestic, who believe that figure is probably conservative. The problem is that China is at the same time still investing massively in coal-fired electricity plants, the primary source of CO2 emissions...

Author: /time Magazine | Title: Has China Really Gotten Serious About Climate Change? | 9/24/2009 | See Source »

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