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...According to diplomats and intelligence sources in Washington and East Asia, plenty. The North Koreans have chosen what could have been a period of weakness - with an ailing leader trying to arrange the eventual transfer of power to an untested son - to state that it does not intend to give up its nuclear weapons program. "It's pretty clear they have made the strategic choice to be a nuclear power, period, and will no longer hold out the weapons program as a thing to be bargained away in talks with the U.S. and its neighbors," says Bruce Klingner, a former...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

...slumped under Brown. It has hemorrhaged support among the affluent voters of Middle England whose endorsement is essential to securing a parliamentary majority, and whom it wooed successfully in the 1990s. And it has been damaged, too, in hardscrabble industrial regions. A fresh face might be expected to give the party a boost and could hardly perform worse. But Brown picked up the keys to 10 Downing Street from Tony Blair, and any handover of power from one unelected Prime Minister to another would ratchet up pressure from political opponents and the public for an early election. When it came...

Author: /time Magazine | Title: Labour Pains: Gordon Brown is Running Out of Time | 6/22/2009 | See Source »

...Because the formula for determining credit scores, which banks use to decide whether to give you a mortgage or any other loan, looks at something called your "utilization ratio," the total amount of credit you use vs. the amount you have available. If you have $25,000 worth of available credit and you put $5,000 on your cards every month, your utilization ratio is a healthy, hey-I'm-living-within-my-means 20%. But cut down that credit line to $10,000 and suddenly your ratio jumps to 50%, making you look pretty overextended...

Author: /time Magazine | Title: Could Your Credit Be Too Good? | 6/22/2009 | See Source »

...true that attitudes change. A magnificent Republican renewal may still be possible. Conservatism is traditionally energized by a reaction to liberal excess, and the unabashedly leftish tilt of the Obama Administration's domestic agenda does give hope. But demography is a powerful force. Waiting and hoping didn't do much for the Whigs. I prefer a Republican reformation right...

Author: /time Magazine | Title: For Republicans, the Ice Age Cometh | 6/22/2009 | See Source »

Speaking to the opposition website Kasparov.ru, Elena Dudukina of the Voronezh human-rights protection group Voronezh-Chernozemye said Shchednov was asked to give the police a $95 bribe to avoid arrest. When he refused, he was detained overnight and, according to Dudukina, beaten while in custody; Voronezh police say an investigation into the allegation is under way. A trial was scheduled for June 15, with Shchednov charged with "uncensored swearing in a public place." But the artist never showed up in court, so the hearing has been postponed. (See pictures of the fashions of Russian Czars...

Author: /time Magazine | Title: Russia Cracks Down on Political Art | 6/21/2009 | See Source »

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