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Chrysler's performance last month was weak compared to that of the competition, as Toyota, Honda, Volkswagen and Ford Motor Co. all posted healthy sales increases, thanks to the Cash for Clunkers program, which boosted industry-wide sales to the highest level in more than a year. (See the most exciting cars...

Author: /time Magazine | Title: Chrysler Still the Laggard, Despite Cash for Clunkers | 9/2/2009 | See Source »

...phenomenon a "formless street scene" with three tiers. The first is petty criminals who may or may not have gang affiliations. Then there are actual gangs such as Crips, Bloods and MS-13, whose members wear colors, use hand signs and tags and stake out turf. At the highest level is organized crime like the Mafia, which largely eschews violence (until deemed necessary) because it's bad for business...

Author: /time Magazine | Title: Experts: Street Crime Too Often Blamed on Gangs | 9/2/2009 | See Source »

...Policymakers have failed to match increased job insecurity with a corresponding expansion of social welfare. It's true that Japan's public debt is approaching 200% of GDP - the highest among developed countries - which limits the government's options. Still, the state must deepen the social safety net to better cover the underserved: young workers and families. This will help reverse the population decline, rebalance growth toward domestic demand and remove the need to mitigate unemployment by propping up inefficient companies and farms. Japanese citizens will have to make sacrifices - they may have to pay more taxes, for example...

Author: /time Magazine | Title: A New Deal | 8/31/2009 | See Source »

...highest-ranking official to put forward this version of events is the European Union's rapporteur on piracy and a former commander of the Estonian armed forces, Admiral Tarmo Kouts. In an interview with TIME, he says only a shipment of missiles could account for Russia's bizarre behavior throughout the monthlong saga. "There is the idea that there were missiles aboard, and one can't explain this situation in any other way," he says. "As a sailor with years of experience, I can tell you that the official versions are not realistic...

Author: /time Magazine | Title: Was Russia's 'Hijacked' Ship Carrying Missiles to the Mideast? | 8/31/2009 | See Source »

...Minister Avraham Hirschson was sentenced to five years for theft and money-laundering; and former Health Minister Shlomo Benizri of the Shas Party is about to start a prison sentence for bribery. "It reflects the growing toughness of the enforcement agencies, their ability and their will to confront the highest ranks of politics in order to root out corrupt people," says Professor Moshe Maor of the Hebrew University...

Author: /time Magazine | Title: Olmert's Indictment: Secular Justice or a Sign from God? | 8/31/2009 | See Source »

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