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"I have never seen two elections that were alike," says Charlie Cook, editor of the nonpartisan Cook Political Report. For all the similarities between 1994 and 2010, there are important differences. The current wave of voter discontent started in August 2009, 15 months before the election; in 1994, it began...

Author: /time Magazine | Title: Why 2010 May Not Be as Dire for the Dems as 1994 | 4/2/2010 | See Source »

But it's an uphill battle. Al-Jazeera TV last week showed footage of a packed wharf in Dubai, piled high with goods, including boxes of Panasonic flat-screen televisions and Whirlpool refrigerators - possibly in violation of U.S. sanctions if American companies are exporting to Iran without U.S. government licenses...

Author: /time Magazine | Title: To Pressure Iran, the U.S. Leans on Dubai | 4/2/2010 | See Source »

Even without new U.N. measures in place, one area where the U.S. has been successful in imposing its unilateral sanctions is in the financial sector, where it uses the leverage of threatened exclusion from the American financial system to press Dubai's financial services industry into observing U.S. curbs. Iranians...

Author: /time Magazine | Title: To Pressure Iran, the U.S. Leans on Dubai | 4/2/2010 | See Source »

While Iranian banks in Dubai might extend credit to Iranians living there, Masoumzadeh says that credit is often rejected by clients. "Iranian bank letters of credit are not accepted by suppliers in Europe and the Far East." However, he says, much of the trade can now go directly from Asian...

Author: /time Magazine | Title: To Pressure Iran, the U.S. Leans on Dubai | 4/2/2010 | See Source »

Analysts predict that the Chinese President's decision to go to Washington will make the U.S. less inclined to adopt a confrontational stance on China's currency policy. "If April 15 comes and goes without a report, I don't think I'd be surprised," says Stephen Green, head of...

Author: /time Magazine | Title: Hu Heads for Washington: Will Tensions Ease? | 4/2/2010 | See Source »

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