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...clear. When it thins, the 22-year-old M.B.A. student aims his camera phone at a neon green model of the world's cheapest car and takes a photo. Mehra sees the appeal of the small, sleek car that has gained almost celebrity status in India, but his heart is set on something a bit grander in the New Delhi Auto Expo showroom - the upmarket Audi Q7. (Watch a video on owning a Nano...

Author: /time Magazine | Title: Foreign Luxury Cars: Picking Up Speed in India | 1/12/2010 | See Source »

...inquiry is charged with identifying the lessons from the tangled processes that led to war and the serial failures to plan adequately for its aftermath. Campbell, Blair's most influential adviser from before the Labour landslide victory in 1997 until Campbell's September 2003 resignation, was at the heart of those processes and witness, if not co-author, of those failures. But spectators scanning his craggy face and acerbic testimony for signs of contrition will have been sorely disappointed. What they got was an unyielding defense of Britain's role in the Iraq conflict and a tantalizing hint of bigger...

Author: /time Magazine | Title: Top Blair Aide Testifies at British Inquiry on Iraq War | 1/12/2010 | See Source »

...Fatigue of War," showing bone-weary Marines dug in for the night in Afghanistan, broke my heart. In a perfect world, these brave young men would be in college, at a football game or laughing with friends over burgers and fries. Maybe next year...

Author: /time Magazine | Title: Inbox | 1/11/2010 | See Source »

Very poor choice. Bernanke and his ilk should be replaced with officials unconnected to Goldman Sachs--a firm that now practically runs the country. Maybe they'll have the interests of the people at heart...

Author: /time Magazine | Title: Inbox | 1/11/2010 | See Source »

...Iceland's defiance goes to the heart of the debate about what caused the country's stunning economic collapse - and who has to pay in the aftermath. Critics say Iceland has only itself to blame: the sparsely populated island had a mainly fish-based economy until the early 2000s, when it deregulated its banks and tried to reinvent itself as a global financial power - with disastrous results. Banks such as Landsbanki moved aggressively into European markets and racked up incredible debts - partially because of poor government oversight - which they were then unable to refinance...

Author: /time Magazine | Title: Isolated Iceland: Why Reykjavik Is Defying Europe | 1/11/2010 | See Source »

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