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...economic miracle - and the trajectory of the global economy may depend on whether one can be conjured up. China, theoretically, should be one of the locomotives that will eventually help pull the world out of its slump. That won't happen overnight; overhauling the world's fourth largest economy is going to take some time. For the moment, to tread water, Beijing is frantically throwing money at infrastructure projects, much as U.S. President-elect Barack Obama now promises to do in America. But ditch-digging on a national scale, Beijing knows, will not take China where it needs...

Author: /time Magazine | Title: Wanted: A New Miracle | 12/11/2008 | See Source »

There was no shortage of questions surrounding this year's United Nations climate-change summit, which began Dec. 1 in Poznan, Poland. The most obvious: Where was everyone going to stay? Only the fifth-largest city in the sixth-largest country in Europe, Poznan is a curious choice to host one of the most important international conferences of the year, with more than 10,000 delegates, scientists, activists and journalists meeting to map out the future of global climate change action...

Author: /time Magazine | Title: What to Expect from the UN Climate-Change Summit | 12/10/2008 | See Source »

Predicting Trouble Thailand's largest airline ran a prescient advertisement in your Nov. 10 issue proclaiming it was "The airline that captures the hearts of the world's travelers." Apparently the People's Alliance for Democracy in Bangkok [Briefing, Dec. 8] considered this an option, organizing the peaceful siege of both city airports, resulting in chaos for 90,000 business travelers, tourists, visitors, staff and Haj pilgrims in transit - although I imagine the timing was coincidental. Thomas David Jent, EVIAN LES BAINS, FRANCE...

Author: /time Magazine | Title: What's Next for the GOP | 12/10/2008 | See Source »

...Hong Kong government reported yet another outbreak of the virus at one of the city's largest poultry farms after 60 chickens were found dead. Putting the city on "serious alert" for further outbreaks, Hong Kong Secretary for Food and Health York Chow Yat-ngok announced a 21-day shutdown of the local poultry industry, suspending all live chicken imports from mainland China, which supplies about half its live wholesale markets, and culling 80,000 birds from farms near the outbreak's locus. York said Tuesday that there were no reports of humans sickened by the virus, and that...

Author: /time Magazine | Title: Is Hong Kong's Bird Flu Vaccine Failing? | 12/10/2008 | See Source »

...ASDA, Britain's second largest supermarket chain and a subsidiary of Wal-Mart, offal sales were up 20% last month compared to November 2007. Sainsbury's, the country's third largest supermarket chain, is selling 48% more pig livers, 22% more chicken livers and 8% more pig kidneys than it was last year. Overall, sales of offal in the U.K. are expected to reach more than $62 million this year, according to industry analysts Mintel...

Author: /time Magazine | Title: Britain's Tongue, Kidney and Brains Boom | 12/9/2008 | See Source »

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