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...Although other foreign hypermarket chains are entering the country - British retail group Tesco has a joint venture with India's giant Tata conglomerate, while France's Carrefour is said to be in talks with Reliance - Jain says Wal-Mart is in no hurry to unfurl the Wal-Mart flag nationally. "The easiest thing is to roll out stores, but the most difficult is to sustain and feed them," he says...

Author: /time Magazine | Title: Why Wal-Mart's First India Store Isn't a Wal-Mart | 5/15/2009 | See Source »

...instruments or their surroundings reach higher temperatures, then they start to emit infrared themselves, swamping faint emissions from cool celestial objects. That means operating at temperatures of minus 272.7 degrees Celsius (522.9 degrees Fahrenheit), just 0.3 degrees above absolute zero. To do that, they use a cryostat, a giant bottle filled with more than 528 gallons (2,000 L) of liquid helium, which evaporates at a constant rate and makes the instruments as sensitive as possible. (Watch TIME's video "The Final Shuttle to Hubble...

Author: /time Magazine | Title: Two Telescopes to Measure the Big Bang | 5/14/2009 | See Source »

...down three quarters, reserves down half, currency value down a third, double-digit unemployment and inflation). NATO in fact has far more power over Russia than Ms. Bryson imagines. She attempts to impugn President Saakashvili’s democratic credentials, ignoring the fact that he is besieged by a giant neighbor where even vestigial democratic politics have been totally liquidated. The fact that Georgia remains to any extent democratic in the face of this threat is a miracle owing only to Saakashvili’s amazing personal courge. But most of all, Ms. Bryson ignores the proven-effective doctrine...

Author: By Kim Zigfeld | Title: Russian Moves in Georgia | 5/14/2009 | See Source »

...watch 60 minutes of the most in-shape athletes on the planet rocketing across the surface of a giant diamond. • People literally walk on water! Last guy to popularize water-walking got a religion built around him. That guy was Rocket Richard; the religion is the Montreal Canadiens. • It's safely homoerotic for the hetero man: dudes in this game touch and rub up against each other constantly and straight guys scream for more. Woof! • The humility inherent in the sport: they make themselves more available to the press than any other athletes and always talk about...

Author: /time Magazine | Title: A Friend of the Hockey Court | 5/14/2009 | See Source »

...vital edge in the South China Sea, whose waters are contested by five other governments. The disputed Spratly and Paracel archipelagoes, which sit above reserves of natural gas, have been an ongoing bone of contention between China, Taiwan and Vietnam. Further afield, China and India, Asia's other rising giant, are locked in a protracted contest of influence over the Indian Ocean, with China setting up a "string of pearls" - or listening posts - from Burma to Pakistan. New Delhi has stepped up its own military ties with Hanoi in an attempt to keep Beijing busy in its own backyard...

Author: /time Magazine | Title: China's Navy Grows, and the World Watches Warily | 5/13/2009 | See Source »

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