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The world will get an instant check on how the trade dispute could impact overall China-U.S. relations. Obama and Chinese President Hu Jintao are expected to attend next week's G-20 summit in Pittsburgh, Pa., where the world's most influential economies will tackle sticky issues like...

Author: /time Magazine | Title: Why the China-U.S. Trade Dispute Is Heating Up | 9/14/2009 | See Source »

The DPJ must keep a lid on deficit spending "to demonstrate that they're fiscally responsible," says Gerald Curtis, a Japanese-politics expert and professor at Columbia University. Not everyone is convinced they'll succeed. Masaaki Kanno, chief economist at JPMorgan Securities in Tokyo, is skeptical that cutting wasteful spending...

Author: /time Magazine | Title: A Sea Change in Japanese Politics | 9/14/2009 | See Source »

Quick refresher course on Tom DeLay: he was a 10-term Republican Congressman, at one time considered the most powerful man in the House, nicknamed the Hammer for his ability to unite Republicans and push bills through. Four years ago, he was indicted by a Texas grand jury for conspiring...

Author: /time Magazine | Title: Dancing with the Stars: The Tom DeLay Edition | 9/14/2009 | See Source »

Her other big problem is money. Areva needs about $14 billion to finance its business for the next several years--and $2.8 billion more to buy Siemens' joint-venture stake. One plan calls for the state to sell 15% of Areva to new investors. Areva also plans to sell off...

Author: /time Magazine | Title: Nuclear Wares | 9/14/2009 | See Source »

Nor should he. Bloom is a pioneer when it comes to worker buyouts, in which the employees of a faltering firm buy an ownership stake to prevent plant closings or job losses. The idea of an economy of worker cooperatives may seem utopian, and the notion of using the tools...

Author: By Dylan R. Matthews | Title: Common Equity | 9/14/2009 | See Source »

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