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...future for the country is two futures: rosy and grim. Indian companies will buy more foreign businesses, and more Indian children will starve. In economic terms, India has become neither the U.S. nor Sudan, but something in between - a Latin American republic with an entrenched class chasm. Higher levels of crime and social unrest are almost certain to follow. For years or decades to come, we will not be able to talk of one destiny for all the people of the country...

Author: /time Magazine | Title: The Burden of Inflation | 8/13/2008 | See Source »

...smoother course with the mainland. Unlike his predecessor, Chen Shui-bian, who regularly traveled in a chartered 747, Ma will fly on a commercial airline to the U.S. on his way to attend presidential inaugurations in Paraguay and the Dominican Republic. And unlike Chen, whose 2001 trip to Latin America included controversial transit stops in New York City and Houston, Ma will try to avoid antagonizing Beijing by slipping through the U.S. as quietly as possible, changing planes on the west coast and not attending public events. "We are keeping this simple and low-key," says Henry Chen, a spokesman...

Author: /time Magazine | Title: Taiwan's Leader Keeps Low Profile Abroad | 8/11/2008 | See Source »

...Latin America jaunt could still prove politically fraught for Ma, whose domestic popularity has been slumping in parallel with Taiwan's economy. Paraguay is one of the few remaining countries that maintain diplomatic ties with Taiwan rather than with China. Incoming populist President Fernando Lugo has said he favors reversing that policy in order to take advantage of skyrocketing Chinese investment in Latin America - roughly a quarter of China's total overseas investment, according to one estimate. His government has asked Taiwan for a $71 million aid package - seen by some analysts as enticement not to change its diplomatic allegiance...

Author: /time Magazine | Title: Taiwan's Leader Keeps Low Profile Abroad | 8/11/2008 | See Source »

...Taipei to help seduce Papua New Guinea away from Beijing were accused of absconding with $30 million of government funds. Even if, as analysts expect, Taiwan doesn't offer Paraguay the full $71 million, by going, Ma risks being seen as continuing the practice of bribing impoverished nations in Latin America and Africa for their support. "Ma should not expose himself to this kind of open blackmail," says Loh I-Cheng, Taiwan's former ambassador to South Africa...

Author: /time Magazine | Title: Taiwan's Leader Keeps Low Profile Abroad | 8/11/2008 | See Source »

While we didn’t sign a language pact, it’s safe to say that all or almost all of us came here to strengthen our Spanish language skills. For me, I’m hoping to work in Latin America the year after I graduate. So doesn’t it make sense for us to speak in Spanish as much as possible...

Author: By Victoria B. Kabak | Title: Salud! | 8/8/2008 | See Source »

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