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...because of the dairy ban has infuriated the Kremlin, and despite Belarus' achievements with the E.U., the price for angering Russian President Dmitri Medvedev may just be too high. "Exporting food to Russia has been one of [Belarus'] most important and reliable trade sectors," Andrew Wilson, a senior policy fellow at the think tank European Council on Foreign Relations, tells TIME. "The ban will definitely sting." In 2008, Russia bought 93% of Belarus' meat and dairy products, earning Belarus $1 billion...

Author: /time Magazine | Title: Russia-Belarus Relations Sour over Milk Ban | 6/16/2009 | See Source »

Sure, there are some market seers convinced that Siegel and his work will eventually be consigned to the dustbin of history--because they think the U.S. economy has entered into an inexorable decline. But among Siegel's fellow finance wonks, the debate isn't about his basic premise. It's about the lessons the rest of us should or shouldn't draw from...

Author: /time Magazine | Title: Are Stocks Still Good for the Long Run? | 6/15/2009 | See Source »

Happily, after the exile, life got more non-zero-sum. The Babylonians who had conquered Israel were in turn conquered by the Persians, who returned the exiles to their homeland. Israel was no longer in a bad neighborhood. Nearby nations were now fellow members of the Persian Empire and so no longer threats. And, predictably, books of the Bible typically dated as postexilic, such as Ruth and Jonah, strike a warm tone toward peoples - Moabites and Assyrians - that in pre-exilic times had been vilified...

Author: /time Magazine | Title: Decoding God's Changing Moods | 6/15/2009 | See Source »

Muhammad's preaching career started in Mecca around 613 C.E., and he seems to have had hopes of drawing Jews and Christians into a common faith. In the Koran - which Muslims consider the word of God as spoken by Muhammad - the Prophet's followers are told to say to fellow Abrahamics, "Our God and your...

Author: /time Magazine | Title: Decoding God's Changing Moods | 6/15/2009 | See Source »

...eyed covetously by both neighboring Russia and China, as well as the West. Yet the region - dominated by corrupt and repressive regimes - is itself precariously poised, home to its own native Islamist insurgencies vulnerable to domestic upheaval. "There is the possibility for really unpredictable change," says Jeffrey Mankoff, a fellow for Russian studies at the Council on Foreign Relations in New York. And it's change few Central Asia watchers expect to be positive. While great powers vie for resources and influence, countries that were once seen as a bulwark against more turbulent nations to the south and west...

Author: /time Magazine | Title: Could Central Asia Be the Next Flashpoint? | 6/15/2009 | See Source »

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