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...virulent branch of the Pakistani Taliban, which has destroyed schools and terrorized the population. If the authorities in Pakistan have been unable to tackle a homegrown insurgency just hours from its seat of power, prospects for their cracking down on Taliban and al-Qaeda forces along the border are grim. (See pictures of Pakistan's volatile North-West Frontier Province...

Author: /time Magazine | Title: Pakistan: A Mounting Problem for Obama | 1/26/2009 | See Source »

...Befitting the grim economic climate, Shanghai newspapers are predicting that celebrations of the lunar New Year will be more muted than the lavish outlays of previous years. Local department stores have been slashing prices, and malls are less crowded than usual, with few heeding the promises of Shanghai Mayor Han Zheng that 2009 will bring 9% GDP growth for the city. Another gloomy indicator: Year of the Ox stamps issued by the Shanghai post office haven't been selling as well as their Year of the Rat predecessors. Even worse, the meteorological bureau predicts that the days on which...

Author: /time Magazine | Title: China Not So Bullish About the Year of the Ox | 1/23/2009 | See Source »

...business of the century"? The signs from Abu Dhabi say we could see both. For all the excitement generated here by President Barack Obama, who pledged in his inaugural speech to "harness the sun and the winds and the soil," the short-term outlook for renewables is as grim as it is for other capital-intensive industries, if not more so. (See the 50 best inventions...

Author: /time Magazine | Title: Will Green Enterprises Survive the Economic Crisis? | 1/22/2009 | See Source »

...another clean break with the Bush Administration, on foreign policy. Summoning the wisdom of "earlier generations," he said, "They understood that our power alone cannot protect us, nor does it entitle us to do as we please." Take that, Dick Cheney - who exited the scene in a wheelchair, looking grim, as if he were about to foreclose on someone. Obama piled on several foreign policy zingers when he denounced the "false ... choice between our safety and our ideals" - a reference to Bush's harsh treatment of prisoners - and in his message to the world: "We are ready to lead once...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...those mostly minor snafus will quickly be forgotten. As transitions go, Obama has set a new standard for smooth. And apart from the tricky business of replacing one Administration with another, this transition succeeded at something equally as meaningful. It transformed the nation's mood from grim to just a little optimistic...

Author: /time Magazine | Title: In Transition, Obama Comes Up Aces | 1/20/2009 | See Source »

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