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...Policymakers and central bankers are scrambling to raise interest rates and tighten credit to get inflation under control. But these same measures suppress the investment and consumption that generates growth, threatening to put the brakes on Asia's unusually fast and relatively untroubled expansion. Glenn Maguire, chief Asia-Pacific economist for Société Générale in Hong Kong, estimates that GDP growth in East Asia (excluding China and Japan) could sink from about 6.5% this year to 5% in 2009, the slowest rate since 2001. Inflation, Maguire says, "is the largest risk to Asian growth...

Author: /time Magazine | Title: Tiger Trap | 7/10/2008 | See Source »

...crusading hero, a sneering villain in Heath Ledger's Joker, spectacular chases - including one with Batman on a stripped-down Batmobile that becomes a motorcycle with monster-truck wheels - and lots of stuff blowing up. Even the tie-in action figures with Reese's Pieces suggest this is a fast-food movie...

Author: /time Magazine | Title: Batman Is Back — TIME Reviews The Dark Knight | 7/9/2008 | See Source »

...echoes with the sounds of their revelry. But there's a feeling that this is all the calm before a storm. Agnes Water probably still looks the way it did in the late 18th century, during Cook's sail-by. But be warned: the 21st Century is closing in fast...

Author: /time Magazine | Title: Sea Change | 7/9/2008 | See Source »

...wrote out the lines to Robert Frost's The Road Not Taken, accompanied by blinking pixels.) "It was a gigantic, eye-opening experience for me," he says. "My first experience of software was literary and it really spun me around. The connection fell into place pretty fast for me: You can do fun stuff on computers...

Author: /time Magazine | Title: A Software Dude Is a Best Seller | 7/8/2008 | See Source »

...much growth hormone prior to puberty, so that sex steroids are produced earlier. And if that comes too early, then the youth will peak out sooner, and will not become as tall in adulthood as someone who had better nutrition. Also, the overload of carbohydrates and fats in a fast-food diet may hinder the consumption of micronutrients essential to growth...

Author: /time Magazine | Title: Why Are People Taller Today Than Yesterday? | 7/8/2008 | See Source »

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