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...world's largest milk producer. Dairy products account for about one-sixth of all E.U. farm produce by value and about 8% of all agriculture exports. But European milk prices have plummeted 40% over the past six months, to around €0.25 ($0.36) per liter, less than the cost of production, according to Copa-Cogeca, a European farmers' association. The group says the price collapse will cost dairy farmers about €10 billion ($14.6 billion) this year alone. (See pictures of cow-pooling...

Author: /time Magazine | Title: Europe's Farmers Spill Milk to Decry Tumbling Prices | 9/21/2009 | See Source »

...called "milk lakes" and "butter mountains" (stocks of unsold cartons of milk and butter) that were created in the 1980s when farmers produced more milk than Europe needed. This year the E.U. quota has been set at about 134.3 million tons of milk, with the German share the largest, at about 27.3 million tons. But last November, E.U. leaders agreed to phase out milk quotas by 2015, increasing the annual production allotment 1% each year until that date, a move most dairy farmers oppose. (Read "Europe Moves Closer to Banning Bluefin-Tuna Trade...

Author: /time Magazine | Title: Europe's Farmers Spill Milk to Decry Tumbling Prices | 9/21/2009 | See Source »

...mosquito net in his rucksack gapes with so many holes that it practically invites dengue- and malaria-carrying insects to feast on his body. Felix has never fought in the jungles of northeastern Burma, where a rebel army is preparing for war with one of Asia's largest militaries. With no heavy artillery and little more than flip-flops and used flashlights to give their recruits, the Kachin Independence Army (KIA) can only depend on guerrilla tactics to deter soldiers of the Burmese military regime. The 24-year-old cadet at the KIA's military academy, deep in the monsoon...

Author: /time Magazine | Title: Inside Burma's War | 9/21/2009 | See Source »

...northern Burma, even at one point sending People's Liberation Army troops to reinforce their Burmese brothers in arms. For the fervently anticommunist junta, memories of this Chinese patronage are still fresh. It also doesn't help Burmese nationalism that large parts of Mandalay, the country's second largest city and historic royal capital, have turned into a giant Chinatown. "The SPDC wants to remake its image as the new great kings of Burma," says Aung Kyaw Zaw, the former communist rebel who now lives in Yunnan. "So even if they take advantage of China for business reasons, they...

Author: /time Magazine | Title: Inside Burma's War | 9/21/2009 | See Source »

...election, there has been no grand new mission, no ambitious vision of remaking Germany - or Europe, or the world - on view. As the continent's largest economy, Germany could have taken a lead to ensure that the European Union came together to weather the worst economic downturn in 70 years; it did not. Germany, to be sure, has contributed 4,000 troops to the NATO mission in Afghanistan. And yet there is deepening unease in Germany about the nation's involvement in the war there. That is partly because German troops are killing and being killed in greater numbers...

Author: /time Magazine | Title: Germany's Election: Divided They Stand | 9/21/2009 | See Source »

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