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...That realization is causing a rapid shift in economic policies by governments that are increasingly concerned about maintaining growth. A few months ago, the biggest threat appeared to be inflation - running at double-digit rates in countries including Indonesia, India and Vietnam - which led Asian central bankers to hike interest rates, hoping to cool off overheating economies and keep a lid on rising costs. But inflation worries have eased with recent sharp declines in the prices of oil and other commodities. Now policymakers are opening the money taps again. In September China's central bank lowered its key interest rate...

Author: /time Magazine | Title: Asia's Good Times at Risk | 10/2/2008 | See Source »

...MARS Indonesia M&M's and Snickers...

Author: /time Magazine | Title: The World | 10/2/2008 | See Source »

...which is a badge of approval for productions that follow environmentally friendly practices. "You hit the targets, and you get the stamp of approval," says Bochner, who in his own career as a filmmaker helped ban the use of luan, a rain-forest mahogany wood often harvested in threatened Indonesia, in favor of more sustainable materials. "We want to make this the norm...

Author: /time Magazine | Title: The Greenest Celebrity in Hollywood | 9/29/2008 | See Source »

...partly caused by weak risk management. Lenders haphazardly tossed money at conglomerates for questionable industrial projects and property investments, and they chased high-yield, high-risk investments around the globe. But they paid the price in bank and finance company failures. In August 1997 Thailand closed 42 finance companies, Indonesia closed 16 banks two months later, and South Korea closed 14 merchant banks in December 1997, according to Merrill Lynch. Others were sold or merged. Those that survived cleaned up their act. Credit analysts are more thoroughly trained and better technology systems allow managers to more carefully assess the risk...

Author: /time Magazine | Title: How Asia's Bankers Avoided Crisis | 9/22/2008 | See Source »

...Sept. 15]. It is misleading, though, to claim that industrialized food "is the only way to economically feed a global population." There is nothing economical about a system contributing a big chunk of our greenhouse-gas emissions. The drivers of deforestation are large-scale agribusinesses pushing into wetlands in Indonesia and rain forests in the Amazon - not Sunshine heirloom-tomato farmers from Sonoma. Anna Lappé, Brooklyn, New York...

Author: /time Magazine | Title: Inbox | 9/18/2008 | See Source »

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