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But the real implications of the new paper could come in international climate policy. The U.N. system is built around the idea of capping carbon emissions from individual nations. But which country is responsible for the carbon emitted in global trade? The buyer or the seller? The study demonstrates that...

Author: /time Magazine | Title: When Goods Get Traded, Who Pays for the CO2? | 3/9/2010 | See Source »

With so many nations vying for respect, it's no surprise that international politics often plays a role in scoring disputes. A botched 1972 U.S.-Soviet basketball game briefly heated up the Cold War when a disputed time-out and a wrongly reset clock effectively handed the Soviets three chances...

Author: /time Magazine | Title: Brief History: Olympic Sore Losers | 3/8/2010 | See Source »

Yet as total annual trade between Africa and China has surpassed $100 billion, Beijing has won its fair share of admirers too, not least among them many Africans whose quality of life has been improved by an influx of cheap Chinese household goods. China has also established a network of...

Author: /time Magazine | Title: Searching for Zheng: China's Ming-Era Voyager | 3/8/2010 | See Source »

Chinese military analysts have explained the rapid spending increase as normal for a large nation climbing out of decades of poverty. "Although China now has a growing military demand, it has always upheld the principle of peaceful development. The double-digit increases in the past should be interpreted as compensational...

Author: /time Magazine | Title: Why Is China Slowing its Military Spending? | 3/8/2010 | See Source »

The Israelis, for their part, need to demonstrate good faith and position themselves to blame the Palestinians, as they have done up to now, for the absence of a peace deal. And Israeli officials make no bones about the fact that they need to go through the motions in order...

Author: /time Magazine | Title: Israelis and Palestinians: Agreeing to Talk, and to Fail | 3/8/2010 | See Source »

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