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...groups to file claims and otherwise participate in the case. "The autoworkers live around Detroit," says Lynn LoPucki, a law professor at UCLA. "You go to New York, and suddenly all of those workers can't sit in the courtroom." (Read "Can Detroit Be Retooled - Before It's Too Late...

Author: /time Magazine | Title: GM's Potential Bankruptcy: Shopping for a Venue | 4/9/2009 | See Source »

Such transactions were so attractive that from the late '90s until 2008, when the IRS stopped the practice, cross-border leasing schemes became commonplace in Germany. Between 150 and 200 cities and towns across Germany used such deals to finance everything from public transportation to sewage systems and garbage incinerators. "Back in 1997, no one warned us about the risks. You were considered crazy if you didn't join in," says Petra Reetz, a spokeswoman...

Author: /time Magazine | Title: German Cities Suffer in the U.S. Financial Crisis | 4/9/2009 | See Source »

...Indians can capture Prabhakaran and his chief lieutenants, then at most the separatists will only be capable of residual terrorism. But if they fail, then Prabhakaran will live to regroup and fight another day." - A Sri Lankan defense official, during the late 80's Indian assault against the Tamil Tigers. That was 22 years ago. (The Washington Post...

Author: /time Magazine | Title: Tamil Tiger Leader Velupillai Prabhakaran | 4/8/2009 | See Source »

...drama with more far-reaching geopolitical consequences may be brewing in the Indian Ocean, involving two of the nations that have sent warships to fight the Somali buccaneers: longtime rivals India and China. New Delhi has had at least one ship in the Gulf of Aden since October, and late last year, with great fanfare, China deployed two warships to the same area. The ships have been active in interdicting pirates and coming to the aid of commercial ships in apparent distress - though they are not part of the U.S.-led Combined Task Force 151 (usually composed...

Author: /time Magazine | Title: Beyond Pirates: On the High Seas, an India-China Rivalry | 4/8/2009 | See Source »

...disease until 2003. Confronted by the UN's so-called 2002 "Titanic" report, which said China faced an AIDS epidemic of "proportions beyond belief" and compared the nation's leaders to officers onboard the doomed Titanic who refused to believe the ship was sinking until it was too late, Beijing launched the first national care program the following year to provide free services to those infected with the virus. "For a long time China missed the opportunity to tackle AIDS head on," says Schwartländer. "They tried to avoid it, and I think they really ignored the problem...

Author: /time Magazine | Title: With HIV/AIDS Deaths on Rise, China Struggles to Improve Outreach | 4/8/2009 | See Source »

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