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...Just how far and fast Netizens are able - or allowed - to go will be a critical factor in the formation of China's still embryonic civil society. There have been numerous recent demonstrations of the emerging power of the Internet, ranging from exposés of corruption to a web campaign that led to the freeing of hundreds of children and mentally handicapped men who had been kidnapped and forced to work as slaves in brick kilns to the relocation of a chemical plant away from the port city of Xiamen. Still, citizen journalism can be deadly work. Earlier this...

Author: /time Magazine | Title: Spinning a Web | 1/24/2008 | See Source »

...emergency rate cut on Jan. 22 shows just how anxious the Fed has become. The reduction by three-quarters of a percentage point was the deepest since October 1984. Bernanke concluded a big dose was needed, fast, to stem a virtual free fall in global stock markets. On Jan. 21 and 22, investors around the world went on a panicked selling spree that resulted in heavy losses. London's FTSE 100 index fell 5.5% on Jan. 21, while Hong Kong's Hang Seng Index fell more than 13% in two trading sessions; Mumbai's Sensex dropped more than 12% over...

Author: /time Magazine | Title: Decoupling Debunked | 1/23/2008 | See Source »

...Kong-based Cathay Pacific, and in 2005 American financier George Soros invested $25 million in Hainan Airlines, the country's fourth largest airline by revenue. But by freezing out Singapore Airlines, CAAC officials signaled that they have decided to close ranks around their domestic carriers - potentially shutting off the fast-growing China market to foreign carriers eager to expand their connections to the mainland. Says Richard Pinkham, an analyst at the Centre for Asia Pacific Aviation, a Singapore-based consultancy: "The regulators had clearly decided to go a different direction than the one the [Singapore] deal offered...

Author: /time Magazine | Title: Cleared for Takeoff | 1/23/2008 | See Source »

...Fast: If all hell does break loose, remember that one of the deadliest mistakes passengers make is to lunge for their overhead luggage. This wastes precious time and clogs the aisle with obstacles. And yet, even if the cabin is full of smoke, passengers will almost invariably reach up to get their briefcases and garment bags. Video footage of emergency evacuations often shows people sailing down the slides clutching rolling suitcases. Chloe, 24, was a passenger on the British Airways flight. "I got to the door, and I realized I was holding a bamboo hat - and just thought, what...

Author: /time Magazine | Title: How to Escape Down an Airplane Slide | 1/23/2008 | See Source »

...evacuation could go 50% faster, Johnson says. Since a fire can burn through the fuselage on an airplane in 90 seconds, faster is much, much better. When everything works right, slides are built to handle 70 passengers per minute. Many now have two lanes. To see how fast - and scary - the slide can be, check out this video of an evacuation drill off of a Boeing 777, the same kind of plane involved in the Heathrow crash landing...

Author: /time Magazine | Title: How to Escape Down an Airplane Slide | 1/23/2008 | See Source »

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