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...bargained away in talks with the U.S. and its neighbors," says Bruce Klingner, a former deputy chief of the Korea desk at the CIA's Directorate of Intelligence and now a senior fellow at Washington's Heritage Foundation. "They've decided that now is the time to raise, not lower, the walls against foreign interference." (Read "Jailed U.S. Reporters: Business as Usual for North Korea...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

...shore up their finances before the new regulations take effect early next year. "Credit-card companies are on a reign of terror," he says. "The new rules aren't going to change that anytime soon." Adds McBride: "Consumers will have to brace themselves for higher fees, higher rates and lower lines going forward." And that applies to those with good credit scores as well...

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

...long haul, Lockhart thinks it would be a bad move to permanently nationalize the two firms. Instead, he prefers returning them to the private market, perhaps in the form of something close to a public utility that would charge a fee to homeowners or lenders to subsidize lower mortgage rates...

Author: /time Magazine | Title: The Future of Fannie and Freddie: Chief Says Government Ownership Is Bad | 6/19/2009 | See Source »

...Beijing Olympics last year environmental officials came under harsh criticism that they were tweaking pollution data to artificially raise the number of so-called "blue sky" days when emissions fall below official targets. American environmental consultant Steven Q. Andrews accused the government of switching to monitoring stations in lower pollution areas, changing the makeup of the air pollution index to focus on less prevalent pollutants, and reporting a disproportionately large number of days with pollution measurements just below the "blue sky" cutoff. Du Shaozhong, the deputy head of the Beijing Environmental Protection Bureau, denied the allegations. In a recent paper...

Author: /time Magazine | Title: Twittering Bad Air Particles in Beijing | 6/19/2009 | See Source »

...month. Since then it has snowballed, with prominent intellectuals and several politicians themselves joining its ranks. Its simple message: the whole political system stinks, so just draw one big cross on the ballot sheet on July 5, when the country has to choose the federal Senate and 500-seat lower House, six governors and hundreds of state and municipal offices. "Voting for the least bad candidate is like buying the least rotten fruit," says Jose Antonio Crespo, a well-known historian backing the movement. "I prefer to leave a note saying, 'Hey. All your fruit is rotten. I'll come...

Author: /time Magazine | Title: Mexico's Election Rebellion: Just Vote No | 6/18/2009 | See Source »

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