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...poor (18% live under the poverty line), the country is finally using the profits from its plentiful natural resources, such as natural gas and a horde of minerals, to lift up its citizens. "Foreigners used to think of Indonesia as a place of natural disasters," says Gita Wirjawan, the head of the nation's investment board, who earlier this year traveled to the U.S. to drum up interest in his homeland. "But now they realize that this is a $550 billion economy that's on an upward trajectory...

Author: /time Magazine | Title: Why Obama is Disappointing Asia — Even in Indonesia | 3/29/2010 | See Source »

...their news from television, he owns the three biggest commercial stations and maintains influence over the three public channels (RAI among them), whose governing boards are appointed by the state. Last week, Italian newspapers published transcripts of wiretaps in which Berlusconi could apparently be heard berating Giancarlo Innocenzi, the head of the independent broadcast regulator, to shut down Annozero. During a November broadcast dealing with alleged mafia ties in Berlusconi's government, the Prime Minister allegedly phoned Innocenzi and exclaimed: "It's obscene. You need to make a concerted effort to push RAI to say, 'Enough. We're shutting everything...

Author: /time Magazine | Title: New Media Shaking Up Italy's Media Landscape | 3/27/2010 | See Source »

Alex Barron, founder and senior research analyst at Housing Research Center LLC, is more bearish. He says this latest program of foreclosure prevention is just another way to delay rather than solve the problem. "My head is spinning," says Barron. "They keep exacerbating the problem. All this government interference is simply prolonging the inevitable." Barron says the housing market needs to correct on its own at this stage - "and the sooner it's allowed to do so, the sooner we can get on to a real recovery...

Author: /time Magazine | Title: Obama's New Foreclosure Plan Gets Mixed Reviews | 3/26/2010 | See Source »

...This] is extremely important in research science,” he added. “Because 9/10 things you do will fail, and you need to keep your head up to stop from floundering… Amy seems to have that excitability, and sense of wonder...

Author: By Catherine E. Coppinger, CONTRIBUTING WRITER | Title: Lighting Up the Laboratory | 3/26/2010 | See Source »

Elaine Donnelly, head of the nonprofit Center for Military Readiness, a conservative group, predicted Congress will stick with the ban. "I remain confident that members of Congress ultimately will retain current law," she said, "which is important to protect recruiting, retention and readiness in the all-volunteer force." (From TIME's Archive: The dawn of "Don't ask, don't tell...

Author: /time Magazine | Title: Enforcing 'Don't Ask, Don't Tell': Don't Bother | 3/26/2010 | See Source »

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