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Is democracy effective in India? there is always the inevitable comparison with China, which has progressed spectacularly in spite of a vast, impoverished population and an absence of democracy. China's advantage is its far more homogeneous society and its single-party rule, which can easily suppress any social dissent...

Author: /time Magazine | Title: Inbox | 6/29/2009 | See Source »

On June 15, the German army's General Wolfgang Schneiderhan found himself in front of an audience of politicians and senior officers defending military policy - on sleeping bags. Many German soldiers "are whingeing to high heaven," Schneiderhan said at a reception thrown by the parliamentary army ombudsman, complaining about everything...

Author: /time Magazine | Title: Will Germany's Army Ever Be Ready for Battle? | 6/27/2009 | See Source »

In 1973 she married future Six Million Dollar Man Lee Majors and became Farrah Fawcett-Majors - one of those celebrity name changes (Rebecca Romijn Stamos, Meredith Baxter Birney) that virtually guarantee the couple will split. She and Majors separated in 1979 and divorced three years later.

Author: /time Magazine | Title: Farrah Fawcett: The Golden Girl Who Didn't Fade | 6/26/2009 | See Source »

Stock-market valuation is an inexact science, and it offers no guarantee that the market will not correct sharply after its big run-up. Indeed, even Cooperman expects the months ahead to be characterized by a trading-range market, with a lot of backing and filling. But in fits and...

Author: /time Magazine | Title: Is the Stock Market Cheap or Expensive? | 6/25/2009 | See Source »

The early years of the Depression, in fact, were marked by repeated periods during which the economy seemed to stabilize, only to careen further downward - usually as the result of some new spate of bank failures. Since March, the economy has clearly been stabilizing, but there's no guarantee that...

Author: /time Magazine | Title: The Fed Holds Steady: Mixed Signals on the Economy | 6/24/2009 | See Source »

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