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...that adjustment phase is over. Exports will again add to GDP growth in China this year, and in an era of high unemployment in the U.S. and Europe, the potential for a serious protectionist backlash is very real. (Indeed, a team from Treasury slipped quietly into Beijing recently to make just this point.) For administrations going back to Ronald Reagan in the 1980s, it's been a tried a true strategy: Tell your trading partner to give you something, because you might not be able to hold back the heathen protectionists in Congress. However hoary a tack...

Author: /time Magazine | Title: Why Geithner Made A Surprise Stop in Beijing | 4/8/2010 | See Source »

...people who have financial interests in the mines themselves," says Crothall. "You can't really rely on them to do a thorough or independent job." Mining usually pays much better wages than farming, and in some parts of China's central northern coal belt, the taxes paid by mines make up the bulk of local government revenues...

Author: /time Magazine | Title: China and West Virginia: A Tale of Two Mine Disasters | 4/8/2010 | See Source »

...four years. On April 12, in one of the year's most important international meetings, Obama will host more than 40 heads of state for a nuclear-security summit in Washington, where he will rally support for that goal. A main thrust will be promoting the U.S. program to make HEU safe forever by sending it to U.S. or Russian facilities where it can be engineered into a form of uranium that cannot be used in bombs...

Author: /time Magazine | Title: Rescuing a Potential Nuke from the Chile Quake | 4/8/2010 | See Source »

...Hiroshima bombs. It severed power and communication lines, closed highways, sparked looting and led the country's President to declare a state of emergency. Within minutes of the quake, Bieniawski had gathered the NNSA officials in a hotel lobby, where the group spent the next four hours trying to make contact with two sites - a military base and research reactor - where the uranium had been stored. Unable to reach one of the sites by phone, the head of the Chilean nuclear agency, Fernando Lopez-Lizana, eventually had to drive there himself. (See pictures of the removal of the Chilean uranium...

Author: /time Magazine | Title: Rescuing a Potential Nuke from the Chile Quake | 4/8/2010 | See Source »

...million next year. But many countries see HEU-fueled research reactors as symbols of prestige and don't necessarily share U.S. and Russian concern that fissile material may fall into terrorist hands. Canada and South Africa, which both have large stockpiles of HEU, argue they need it to make medical isotopes profitably. Politics comes into play too: poor relations between Ukraine and Russia have hampered efforts to move Ukraine's large stocks of HEU to Russian facilities...

Author: /time Magazine | Title: Rescuing a Potential Nuke from the Chile Quake | 4/8/2010 | See Source »

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