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...Lankan president Mahinda Rajapaksa sits at the head of a long banquet table, presiding over what looks like a hotel's lunch buffet. The mood is informal as Cabinet ministers, their clerks and assorted relatives and friends line up patiently to eat in the main dining room of Rajapaksa's official compound. Outside, on the streets of Colombo, he is the all-conquering hero. In May, Rajapaksa's government ended Sri Lanka's 26-year-long civil war against the separatist Liberation Tigers of Tamil Eelam (LTTE), and the capital's broad avenues are dominated by enormous banners glorifying...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

...lunchrooms at the Hsinchu Science and Industrial Park, home to Taiwan's tech industry, and in the office of President Ma Ying-jeou. Government and business leaders believe Taiwan needs to become more diversified and integrated into the regional economy, which is increasingly dominated by China. "The main lesson we learned in the financial tsunami is that we are only dependent on our export industry, in particular IT," says San Gee, deputy minister of Taiwan's Council for Economic Planning and Development. The idea is to "transform our overall economy to a different stage...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

...helps that fishing is what defines Bristol Bay. At the main port of Dillingham, the biggest news story of early summer is the catching of the first king salmon of the season. Bristol Bay's commercial fishermen - including the stars of the Discovery Channel reality show The Deadliest Catch - net hundreds of millions of dollars' worth of seafood. But everyone fishes - Todd Palin, Alaska's First Dude and a Dillingham native, has a reserved spot on a local beach. (See pictures of Sarah Palin on the campaign trail...

Author: /time Magazine | Title: Postcard from Bristol Bay | 7/27/2009 | See Source »

...main thrust of the legislation is to take the consumer-protection responsibilities (and consumer-protection regulators) now housed at the Federal Reserve and other banking agencies and give them their own new home. In trying to balance the joint responsibilities of protecting consumers and keeping banks safe and sound (that is, profitable), bank regulators have in the past decade failed at both. So the idea is that if we create an agency with consumer in the name and a clearer focus, we'll have a better shot at protecting consumers from dangerous, deceptively packaged financial products and keeping banks from...

Author: /time Magazine | Title: Financial Aid | 7/27/2009 | See Source »

...Angel Stadium is good, but not great. It’s comfortable, but it doesn’t really have any unique quirkiness. At the ballpark’s main gate, the paving is laid out in a baseball diamond pattern and two giant Angels helmets flank either side. A welcoming statue of Gene Autry, the founder of the Angels sits outside, inviting fans with his signature smile and outstretched hand...

Author: By Dixon McPhillips | Title: A FAN FOR SALE PART 2: Angels Aren't Just in the Outfield | 7/27/2009 | See Source »

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