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...This kind of exuberant consumer behavior helps to explain why China has powered through the global recession with only limited damage. Local officials expect Xi'an's gross domestic product to surge 13.5% in 2009, far faster than the central government's 8% target for the national economy. Even more importantly, the thriving economy in this city of 8 million lends hope that China might be able to complete its next great economic transformation. China has come to depend too much upon exports and investment for growth. What's needed is economic rebalancing, so that domestic consumption contributes more...

Author: /time Magazine | Title: Can China's Backwaters Save the Global Economy? | 11/30/2009 | See Source »

...trying and that so-called moderate Taliban can be coaxed to break ranks with their extremist leaders, there is a hopeful precedent. Starting in early 2007, tens of thousands of Iraqi insurgents were persuaded to lay down their weapons in exchange for cash and jobs, usually as part of local militias fighting their former al-Qaeda allies. Building on that example, General Stanley McChrystal, the U.S. commander of international forces in Afghanistan, wrote in his recent assessment of the Afghan war that NATO "must identify opportunities to reintegrate former mid- to low-level insurgent fighters into normal society by offering...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

...Persuading fighters to think of laying down their arms might be the easiest part of a new approach. They also need to believe they will be safe if they do so. Many Taliban foot soldiers joined the movement simply because they ended up on the wrong side of a local power equation. As with Jameel in Wardak province, affiliation with the Taliban offered them protection. So if they are going to disarm, they need to be confident that the side they are joining will stay and win - otherwise, desertion could be a death sentence...

Author: /time Magazine | Title: Talking with the Taliban: Easier Said Than Done | 11/30/2009 | See Source »

Aside from isolating himself in his dorm to clean, Cuevas was also able to find a locale where he could partake of some Thanksgiving victuals. For members of RAZA—Harvard’s Mexican-American student organization—a local Harvard and RAZA alum provided a veritable cornucopia of foods at his apartment...

Author: By Andrew Z. Lorey, CONTRIBUTING WRITER | Title: Students Enjoy Thanksgiving Festivities | 11/30/2009 | See Source »

Though Black Friday in Harvard Square lacked the typical 5 a.m. rush of shoppers searching for dramatically slashed price tags, dispersed sales for smaller items did draw some bargain hunters to local storefronts...

Author: By Ike Greenstein and NORA A. TUFANO, CONTRIBUTING WRITERS | Title: Retailers Experience Low-Key Black Friday in Square | 11/30/2009 | See Source »

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