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...level U.S. diplomats had flown to the Chinese capital to address a wide range of issues, and over the past year American officials have taken pains to underscore just how vital China is to the U.S. But there's a fine line between a show of respect and a full kowtow. "In many ways this helps give China an inflated sense of empowerment," says Stephanie Kleine-Ahlbrandt, Northeast Asia project director for the International Crisis Group. During Obama's first year, "America has played Mr. Nice Guy. China follows a different set of rules...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

...nations. Unemployment stands at 2.46 million, a rate of 7.8%. That's not as bad as some pundits predicted, but the ranks of the long-term unemployed have swelled to levels not seen since 1997, and the number of people working part time because they're unable to find full-time employment has reached a new record. Although the pound has lost a quarter of its value against the dollar since 2008, Britain's global goods deficit actually widened in January, with exports declining 6.9%. A weaker pound means the U.K. has to pay more for imports like fuel, increasing...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

...Benedict know about the priest's swift return to pastoral work after his therapy? The archdiocese says the decision was made by Benedict's then deputy, who has taken full responsibility. But the American priest in Rome says Ratzinger, famously a micromanager, must have known of the decision. "It's probably just a matter of time," the American says, "before it comes out that he did know more than they are saying...

Author: /time Magazine | Title: Catholic Europe: How Damaged Is the Papacy? | 3/29/2010 | See Source »

Conversely, the E.U.'s full potential has not yet been properly appraised by Asia. While Asia is trying to improve relations and contacts with the U.S., Mahbubani asks Europeans to think the "unthinkable - the transatlantic partnership may come to an end." Why should Europe give up a functioning partnership with an essential partner and friend on the global scene? Just like many Asians, Europeans dislike the idea of an all-powerful G-2. We seek intensified cooperation with America but also with Asia, the Middle East, Russia and the Mediterranean region precisely because we believe in a multipolar rather than...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

Upon returning to Bagram, Obama changed from his suit into a brown bomber jacket before addressing a makeshift hangar full of troops. "There is no visit I consider more important than this visit here," the President said. "Everyone back home is proud...

Author: /time Magazine | Title: Obama's Afghan Visit: Progress and Prodding | 3/28/2010 | See Source »

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