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...Strait of Taiwan was long one of the world's flash points, with the potential to draw even the U.S. into conflict. It's hard to predict the future China and Taiwan have with each other, but it's easy to imagine, given all the progress that has occurred, that war is no longer a possibility. That's something to be thankful for - and something truly deserving of a Dalai Lama's blessing...

Author: /time Magazine | Title: Getting It Strait | 9/14/2009 | See Source »

...pictures are masculine and primitive-looking. I’m also interested in the hegemony of the photographers and filmmakers; they took on the role of imperialists coming into indigenous lands to represent people devoid of a personal or cultural history. I’ve also just had this flash about the Abu Ghraib torture scandal. These guys were hazed and forced to perform sex with each other; the photographs are shocking. And all of a sudden I realized that they’re wearing hula skirts and coconut bras. [The guards are] making this equation with being wild...

Author: By Sophie O. Duvernoy, CONTRIBUTING WRITER | Title: Visiting Faculty Bring Diverse Experiences to VES Dept. | 9/11/2009 | See Source »

...legislative sausagemaking up to Congress, allies say, Obama will have to become far more specific about what he wants to see in a bill. He must spell out, for instance, precisely what he means by a public option, an issue that has grown to outsize proportion as an ideological flash point. The President may also need to declare whether he would be willing to sign a bill without...

Author: /time Magazine | Title: Why Grassley Turned on Health-Care Reform | 9/3/2009 | See Source »

That sets the stage for tense relations between Washington and Kabul, a complication the Obama Administration doesn't need as it grapples with the Afghanistan problem. The most immediate flash point will come in a matter of days, when the election results are officially announced. Getting Abdullah to accept defeat will be hard: there have been widespread allegations of fraud. If the former Foreign Minister contests the results in the street - in the manner of Iran's Mir-Hossein Mousavi - that could set off an ethnic conflict between Karzai's Pashtun base and his rival's Tajik following (Abdullah...

Author: /time Magazine | Title: Afghanistan: Will the U.S. Settle for Karzai? | 9/3/2009 | See Source »

...ahead of millisecond-by-millisecond price movements and take advantage of rebates paid by exchanges to those who create liquidity (that is, offer to buy or sell stock at a certain price and assume the market risk). Not surprisingly, the exchanges cater to these firms - with flash orders and "co-location" arrangements that put traders' computers right next to their own, giving the firms a profitable millisecond-or-so edge in trade execution...

Author: /time Magazine | Title: Bernie Madoff's Other Legacy | 8/24/2009 | See Source »

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