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While waiting to meet in the ring, Pacquiao and Mayweather will compete at the box office. Pacquiao's last several fights have been at Las Vegas' MGM Grand, a 17,000-seat venue, against marquee opponents. His bout against Clottey will be held at Texas Stadium (45,000 seats for the event, and ticket sales have been brisk). But because Clottey was a last-minute replacement for Mayweather with no natural fanbase in the U.S., HBO declined to feature the fight in its popular 24/7 series (it did so for several of Pacquiao's previous matches), and the media tour...

Author: /time Magazine | Title: Pacquiao and Mayweather: One More Until the Big One? | 3/9/2010 | See Source »

...Amid those economic demands, another double-digit increase in military spending might be seen as excessive. But perhaps the most compelling reason for the slowdown in spending is that Chinese officials have become more cautious of the way the development of the People's Liberation Army is perceived abroad. Last year China marked the 60th anniversary of the founding of the People's Republic with an Oct. 1 military parade in front of Tiananmen Square. While generally a cause for celebration in China, the parade of soldiers, tanks and missile carriers was seen as intimidating by many foreign observers...

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

...going to do voluntarily. Setting conditions and deadlines is a way for Palestinian Authority President Mahmoud Abbas to offset the domestic political damage he suffers from participating in endless rounds of fruitless negotiations. Abbas was helped by the fact that the new talks were endorsed by the Arab League last week, but the tone of its statement is telling: "Despite the lack of conviction in the seriousness of the Israeli side," said Arab League Secretary Amr Moussa, his committee agreed to back the talks "as a last attempt and to facilitate the U.S. role." (See pictures of 60 years...

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

...state solution, which he had previously rejected, but at the same time he defined Palestinian statehood in terms too limited to be acceptable to the Palestinian leadership. Netanyahu had publicly opposed the offers made to the Palestinians by previous Israeli governments, and his government made clear last week that new talks would not begin from understandings reached with any of his predecessors but would instead start from scratch - a position vehemently rejected by the Palestinians. Of course, none of those previous offers had been accepted by the Palestinian leadership; it's hard to see how offering less than the proposals...

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

...Even as Senator Mitchell shuttles between them, both sides appear set to escalate their confrontation on the ground, in growing battles over expanded Israeli settlements in East Jerusalem and elsewhere and over the status of various sites considered holy by both Jews and Muslims. Last Friday's confrontations between Israeli police and stone-throwing Palestinian youths in Jerusalem may be a portent that the latest round of peace talks could, in fact, be starting under the cloud of a looming intifadeh...

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

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