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...Because the formula for determining credit scores, which banks use to decide whether to give you a mortgage or any other loan, looks at something called your "utilization ratio," the total amount of credit you use vs. the amount you have available. If you have $25,000 worth of available credit and you put $5,000 on your cards every month, your utilization ratio is a healthy, hey-I'm-living-within-my-means 20%. But cut down that credit line to $10,000 and suddenly your ratio jumps to 50%, making you look pretty overextended...

Author: /time Magazine | Title: Could Your Credit Be Too Good? | 6/22/2009 | See Source »

...when no country in the West recognizes either as independent, would push Belarus into international isolation. Instead, Lukashenko satisfied U.S. demands to release a large group of political prisoners, including former presidential candidate Alexander Kozulin. Last month, Russia canceled its last $500 million installment of a $2 billion IMF loan to Belarus as punishment for not recognizing the breakaway republics, Lukashenko claimed. "It's no coincidence that Lukashenko released key political prisoners within days of the August conflict," says Wilson. "He realized he had to pay his dues to the E.U. because Russian friendship came with a price...

Author: /time Magazine | Title: Russia-Belarus Relations Sour over Milk Ban | 6/16/2009 | See Source »

...year to strengthen economic and political ties between Europe and six former Soviet states. Lukashenko's travel ban to Europe - issued after his 2006 re-election, which the U.S. and the E.U. maintain was rigged - has been lifted. And Belarus secured an additional $1 billion on a $2.4 billion loan from the International Monetary Fund (IMF) after Russia canceled its final $500 million installment. (See pictures of Russia celebrating Victory...

Author: /time Magazine | Title: Russia-Belarus Relations Sour over Milk Ban | 6/16/2009 | See Source »

...mooted gas pipeline, running from Iran's fields through Afghanistan and into Pakistan and India, is a massive project that appeals to all parties involved. Conversation in Yekaterinburg will surely include the need to shore up the region's economies - China has already promised a $10 billion soft loan to its SCO allies, including Russia, which has been hit particularly hard by the fallout of the world's financial crisis. Few will raise thornier questions of political reform. After all, Russian President Dmitri Medvedev and his Chinese counterpart, Hu Jintao, can hardly hold the moral high ground and chide Ahmadinejad...

Author: /time Magazine | Title: Unbowed, Ahmadinejad Shows Up in Russia | 6/16/2009 | See Source »

...also declared in 2005 that there must be a timeline for withdrawing all U.S. military bases in Central Asia, a clear sign of Beijing and Moscow's intent to limit U.S. influence. The organization convened most recently this week in Yekaterinburg, Russia, where China proffered a $10 billion soft loan to tithe over the region's ailing economies and all spoke of enhanced political and economic cooperation. "Russia and China are both interested in maintaining the status quo," says Sean Roberts, a Central Asia expert at George Washington University. See pictures of Chinese investment in Africa...

Author: /time Magazine | Title: Could Central Asia Be the Next Flashpoint? | 6/15/2009 | See Source »

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