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...Still, there are some who believe the jump in bullion is an early warning sign that the U.S. government's efforts to quell the recession will backfire. The fear is that the trillions of dollars the government is spending to safeguard the financial sector and boost the economy could result in massive deficits and mounting inflation. "People who are buying gold are buying into the argument that the Federal Reserve will not be able to take back all the liquidity it has poured into the market and protect against inflation," says James DiGeorgia, editor of the newsletter Gold and Energy...

Author: /time Magazine | Title: Gold Tops $1,000: Good or Bad Sign for the Economy? | 9/9/2009 | See Source »

...Jong Il, the North Korean supremo is shown in a pink tracksuit, grinning and fat. In Please Have Some Medicine (pictured), he is a dying hospital patient being offered Coca-Cola by a faceless North Korean child. In Remote Controller, he is a demigod overseeing destruction, militarization and fear...

Author: /time Magazine | Title: Northern Star | 9/7/2009 | See Source »

...military" - the most brutal and anti-democratic kind of overthrow - it automatically triggers a suspension of all non-humanitarian and non-democracy-related U.S. aid. In the case of Honduras, State Department officials insist that those measures have already been taken without the military-coup tag. But critics, who fear Obama is keeping the Honduras coup designation downgraded to mollify conservative Republicans, argue that further steps, like freezing Honduran bank accounts in the U.S., are still available to the Administration. (Read about President Obama's challenge in Latin America...

Author: /time Magazine | Title: Why Obama Won't Use the M-Word for Honduras' Coup | 9/5/2009 | See Source »

...abbot didn't bother to lower his voice. Around us were sitting half a dozen local Buddhist worshippers, including one man whose aggressive curiosity about my presence made him a likely informant for the repressive Burmese junta. No matter, the abbot had no time for fear. "This is a very famous monastery," he said, as I, the first foreign visitor in many months, nodded. "Important people have come here: Nehru, Indira Gandhi and, of course, the Lady...

Author: /time Magazine | Title: Why the Omens Are Not Auspicious for the Burma's Junta | 9/3/2009 | See Source »

...generals lost badly in elections to Suu Kyi's National League for Democracy; the junta ignored the results and tightened its grip on power. In 2010, the regime promises another nationwide ballot, but few expect clean elections. Particularly concerned are members of Burma's 100-plus ethnic minorities, who fear that their already limited autonomy will be erased by the polls. Fighting between the state army and a hill tribe in northern Burma erupted last month, and the monks of Sittwe themselves are from the Arakan minority that chafes against ethnic Burmese rule...

Author: /time Magazine | Title: Why the Omens Are Not Auspicious for the Burma's Junta | 9/3/2009 | See Source »

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