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...their expansion. China's central bank boosted interest rates in April, but there's still the risk of an explosive burst of inflation that could cripple economic growth. Even if inflation remains in check, says economist Donald Straszheim, China is likely to face severe blackouts as its inadequate electrical grid struggles to supply enough energy to power the economy...

Author: /time Magazine | Title: Money: Bullish on China? | 5/3/2004 | See Source »

...only assigned to big cities but distributed geographically. Over the years, these agents have developed working relationships with other federal, state, county, city and tribal law-enforcement officers that multiply the FBI's eyes and ears, hands and feet, and also can be said to form a tight grid that spans every part of the country. The importance of this unique coverage cannot be overstated when it comes to detecting terrorists, who may be anywhere. A new domestic-intelligence bureaucracy would not only need time to get up to speed but would probably never be able to duplicate...

Author: /time Magazine | Title: What the FBI Needs--and Doesn't Need | 4/26/2004 | See Source »

...years. There?s usually no need to look beyond the weight of runs scored and wickets taken to assess a player?s proper place in the cricketing pantheon. But averages speak of substance rather than style. A talented showman and a dour plodder can be mediocrities on the numbers grid, although the first might have soared as often as he flopped, while the second never got off the ground. David Hookes, who died on Jan. 19, was not a cricket legend on traditional measures. After all, Hookes played 23 Tests, scored 1,306 runs at an average...

Author: /time Magazine | Title: Forever Young | 2/2/2004 | See Source »

...stepping half sister. The show is beautifully shot, and it aspires to big ideas about modern mores and the nuances of sexual power and identity. That makes it the more disappointing when it fails those ambitions. For instance, journalist Alice (Leisha Hailey) is compiling a massive online grid of sexual encounters to show how nearly everyone is connected by a chain of eros. "I think it's a really profound statement," she says, "about the nature of human existence...

Author: /time Magazine | Title: Television: Less Than Letter Perfect | 1/26/2004 | See Source »

That's just the start. Bush's spin doctors have made lists of every event in the coming months that needs to be "managed" in order to make the transition look fluid and orderly. Crucial, they say, will be "setting expectations" for everything from stabilizing the electric grid to securing the annual hajj pilgrimage and opening the nation's airports. It will all build to a climactic moment--the departure of U.S. civilian chief Paul Bremer. Administration officials want to avoid at all costs a chaotic scene that would remind Americans of that notorious helicopter getaway from the embassy compound...

Author: /time Magazine | Title: Deadline: June 30 | 1/19/2004 | See Source »

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