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...Friday, as President Obama crossed the Pacific to begin his first trip to Asia, the Census Bureau released its monthly trade tally. The headline was that the U.S. trade deficit grew to $36.5 billion in September, more than forecasters expected and the biggest such figure since January. But the really dramatic number was that 60.5% of the deficit, or $22.1 billion, was with just one country: China...

Author: /time Magazine | Title: U.S.-China Trade: Prepare for Continued Imbalance | 11/17/2009 | See Source »

Cazer, the aspiring large-animal vet, grew up on a farm in upstate New York and as a child, she presented rabbits, llamas, and cows at competitions. She says that as soon as she grew out of “that phase where all little kids want to be rich and famous,” she knew she wanted...

Author: By Julie R. Barzilay, CONTRIBUTING WRITER | Title: Pre-vets Chart Unique Career Path | 11/17/2009 | See Source »

Inspired by Shumway's success, the world's surgeons got back in the game. There were 172 transplants done in the U.S. alone in 1983, and as antirejection medicines improved in the 1980s, heart transplants grew more common. There were 1,647 in 1988. By 2007, the number had jumped to 2,210, according to the American Heart Association. As of May 2008, more than 85% of patients survived for a year...

Author: /time Magazine | Title: Heart Transplants | 11/16/2009 | See Source »

...evening wears on. He reaches into his pocket and pulls out sheets of paper - his acceptance speech, in English. While Pacquiao has no problem understanding English, which is widely used in the Philippines, he is much more comfortable speaking Tagalog, the national language, and Cebuano, the dialect he grew up with. But he is a hit with the New York City audience. All he really has to do is grin, and they are in his hands. A Filipino listening to the speech, however, senses the trouble Pacquiao will face if he decides to run for office in the Philippines...

Author: /time Magazine | Title: The Meaning and Mythos of Manny Pacquiao | 11/16/2009 | See Source »

...story noted that, despite conventional wisdom that a rejuvenated Chinese economy, which grew 8.9% in the third quarter, could pull the global economy out of recession, several skeptics were arguing the Middle Kingdom's performance was unsustainable - and even that it was mostly a mirage. Chief among these naysayers is billionaire hedge fund investor Jim Chanos, who famously sold Enron short in 2001 after concluding that the rosy reports and projections about the company were not based on facts. He has come to a similar conclusion about China, according to Politico.com, and is shorting the country just...

Author: /time Magazine | Title: China's Economic Recovery: Miracle or Mirage? | 11/16/2009 | See Source »

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