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...safe to start reinvesting a small portion back in stocks again, or are we better off investing in real estate? -Justine Sherburne, Rhode Island I think that real estate is a once-in-a-lifetime opportunity, because there are no competitive buyers. Mortgage rates are the lowest in my life. Affordability is the best in my life. Clearly, real estate is much better than stocks right...

Author: /time Magazine | Title: 10 Questions for Jim Cramer | 5/14/2009 | See Source »

This spring, Taiwan became the first in Asia to start a bike-sharing program in its two major cities, Taipei and Kaohsiung. Looking to spin the lush island's yin for cycling into a way to reduce pollution, the Taiwanese government launched the service hoping commuters will ditch their cars and start using the thousands of rental bikes it has stationed around the two urban centers to get to work. "Cycling is a great way to unwind after work," says Horace Lee, a corporate planning associate at the Taipei Stock Exchange. "I cycle around the neighborhood just for fun before...

Author: /time Magazine | Title: Taiwan Goes Green with Bike Sharing | 5/14/2009 | See Source »

...festival poster this year is a shot of a blond woman, seen from the back in a spaghetti-strapped black dress, peering out at the sea. It could be the Mediterranean, the backdrop to the Grand Palais. But it's actually a remote Italian island; for the photo is from Michelangelo Antonioni's L'Avventura, a sensation when it showed at the 1960 Cannes fest - sensational because it was greeted with both acclaim and perplexed hostility. In Antonioni's modernist adventure, the central mystery of a missing girl was never solved. We hope that all the enigmas of Cannes...

Author: /time Magazine | Title: Cannes 2009: Great — or the Greatest — Festival? | 5/13/2009 | See Source »

...hope that Congress could have a truly nonpartisan discussion about the CIA's interrogation techniques were dashed just minutes into the first formal hearing since the recent release of the agency's so-called torture memos. Senator Sheldon Whitehouse, a Democrat from Rhode Island, fired the first recriminatory salvo, suggesting that the goal of the hearing - conducted by a subcommittee of the Senate Judiciary Committee - was to get to the bottom of the Bush Administration's "body of lies." Republican Senator Lindsey Graham of South Carolina fired right back, suggesting that the hearing would be a "political stunt." (See pictures...

Author: /time Magazine | Title: Partisan Passions Dominate Interrogation Hearings | 5/13/2009 | See Source »

...tense standoffs in recent months between American and PLA surveillance vessels near China's southern Hainan island may be an augur of what lies ahead. A new submarine base there gives Beijing a vital edge in the South China Sea, whose waters are contested by five other governments. The disputed Spratly and Paracel archipelagoes, which sit above reserves of natural gas, have been an ongoing bone of contention between China, Taiwan and Vietnam. Further afield, China and India, Asia's other rising giant, are locked in a protracted contest of influence over the Indian Ocean, with China setting...

Author: /time Magazine | Title: China's Navy Grows, and the World Watches Warily | 5/13/2009 | See Source »

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