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...During China's National People's Congress in March, Chinese Premier Wen Jiabao dangled an olive branch, saying that Beijing stands ready to "create conditions for ending the state of hostility and concluding a peace agreement between the two sides of the Taiwan Strait." (Read "Taiwan's Leader Keeps Low Profile Abroad...

Author: /time Magazine | Title: Building Bridges to China | 5/25/2009 | See Source »

Ahmed Basim Mohammed al-Abaje is understanding about slow salary payments from the Iraqi government. He and other citizens of Baghdad are beginning to realize that the Iraqi government is running low on cash owing to the global financial crisis. "There have been some delays, but we did not have to wait too long for pay," says Abaje, a member of the volunteer Sunni watchmen-fighters known as the Awakening in the Baghdad neighborhood of Mansour. But Abaje, like scores of other Awakening members across Iraq, worries that the pay may dry up altogether. "If the government wanted...

Author: /time Magazine | Title: How the Economy Could Crush Iraq's Hopes | 5/23/2009 | See Source »

...thing to suffer through a recession when commodities prices are fairly low. It is another circumstance entirely when there is inflation of the core prices of essentials such...

Author: /time Magazine | Title: British Airways: High Costs Fuel Record Loss | 5/22/2009 | See Source »

...exchange for a package of political, economic and diplomatic incentives. Even if the U.S. agrees to talk while Iran's centrifuges are spinning, what's less clear is whether Washington and its allies will eventually settle for less than Iran forgoing enrichment altogether, and accept some level of low-grade enrichment being conducted under an expanded inspection regime...

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

...purpose of seeking to deny Iran enrichment capability had been, as President Bush stressed, to prevent Iran from "mastering the technology" to create bomb-grade matériel. But Iran has clearly now mastered enrichment technology, producing a steadily growing stockpile of low-enriched uranium. While the U.S. would obviously like Tehran to dismantle its enrichment facilities, there's widespread doubt in Washington and beyond that the Iranians would agree...

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

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