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...which the space station would be completed and the shuttle would be retired by 2010. That would free up about $4 billion per year, which would be used to pay for a new generation of expendable boosters as well as a 21st century version of the Apollo orbiter and lunar lander for those rockets to carry. (Read about the space moon race here...

Author: /time Magazine | Title: Does Obama Want to Ground NASA's Next Moon Mission? | 12/11/2008 | See Source »

...moon of the lunar month of Kartika marks Diwali, the Indian festival of lights, when Hindus across the country worship the goddess of wealth, Lakshmi. But divinities know full well the laws that govern finance, and Lakshmi may now be a little tight-fisted about circulating her riches amid the ongoing global credit crunch...

Author: /time Magazine | Title: Mirroring the US, India's Real Estate Sector Melts Down | 10/20/2008 | See Source »

...development. President Faust said as much before Congress in March. More than in any other country, science has been the secret to success for the United States, from practical inventions like the airplane or the personal computer, to breakthroughs like the nuclear bomb, to feats of engineering like the lunar landing. If we keep going at this rate, we’ll wake up one morning to find Europe or Asia accelerating past us, and it won’t just be in underground laboratories...

Author: By Adam R. Gold | Title: Take U.S. Back to the Future | 10/5/2008 | See Source »

...Olympics afterglow to another product-quality scandal: four Chinese infants died and tens of thousands became ill after drinking milk products laced with an industrial chemical. The spacewalk - part of an ambitious manned space program that includes construction of a space lab and will likely feature a lunar landing - was a reminder of the country's growing national might. "There are problems, yes, but the message of this is that the [Communist] Party has the right control policy because of all it has done," says Dean Cheng, China analyst with the CNA Corp., a U.S.-based think tank. Says Joan...

Author: /time Magazine | Title: The Moment | 10/2/2008 | See Source »

...Last fall China launched the unmanned Chang'e lunar probe. The next steps for the lunar program are a soft landing with a moon rover slated for 2012 and launching another rover and returning with samples in 2017. While there have been declarations by some space officials of when China could put a man on the moon - Ouyang Ziyuan, the chief scientist of China's Chang'e lunar probe, once said 2017; the deputy head of the Shenzhou program said 2020 - there is no official timetable. The U.S., the only nation to land astronauts on the moon, says it hopes...

Author: /time Magazine | Title: China's New Venture in Space | 9/24/2008 | See Source »

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