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...second straight year, the U.S. earned dismal marks in its effort to reduce the national rate of premature births. The March of Dimes, which issues an annual state-by-state report card on the problem, gave the U.S. an overall D on Monday...

Author: /time Magazine | Title: Why the U.S. Gets a D on Preterm Birth Rates | 11/17/2009 | See Source »

...Since March, the dollar has lost about 15% of its value against the world's other major currencies. That's a dull way to put it, though, so you're more likely to read or hear that the greenback is "wobbling," "slumping," "plunging" or even "collapsing." Marc Faber, a Hong Kong-based investment guru with a flair for the dramatic, went so far as to declare in a TV interview a few weeks ago that the U.S. currency was on its way "to a value of exactly zero...

Author: /time Magazine | Title: The Dollar in Danger | 11/16/2009 | See Source »

...sending Sino-U.S. relations into an unanticipated tailspin. The U.S. bombing of the Chinese embassy in Belgrade in 1999 and the collision of a U.S. spy plane with a Chinese fighter near China's southern Hainan Island in 2001 both sharply increased tensions between the two sides. This March, Chinese vessels confronted a U.S. Navy surveillance ship that was surveying an area about 75 miles off Hainan, an area many nations consider international waters but China claims as part of its exclusive economic zone. U.S. military officials said that standoff was a sign of increasing aggressiveness by the Chinese...

Author: /time Magazine | Title: Five Things the U.S. and China Still Disagree On | 11/16/2009 | See Source »

...over the past 10 years, and on Oct. 1 the government marked the 60th anniversary of the founding of the People's Republic with a massive military parade. U.S. officials often question why China feels its military requires such a sustained modernization program, and a Pentagon report in March said that a lack of transparency from the Chinese side "poses risks to stability by creating uncertainty and increasing the potential for misunderstanding and miscalculation." China rejected the U.S. report as "groundless" criticism and an effort to stir up notions of China as a threat. (See pictures of China...

Author: /time Magazine | Title: Five Things the U.S. and China Still Disagree On | 11/16/2009 | See Source »

...Chinese city of Xi'an provides hope for the future of the global economy. On an ordinary Wednesday morning, customers steadily stream into the showroom, briefly open and close the doors to the displayed minivans, manufactured by a joint venture between General Motors and two Chinese carmakers, and then march over to the front desk to plop down their money. While salesmen in the U.S. struggle to move cars off their lots, Xu Zhanrong, the deputy general manager of the Xi'an dealership, can barely keep the Wulings in stock. Sales are up some 40% this year, Xu says, with...

Author: /time Magazine | Title: Will China's Consumers Save the World Economy? | 11/15/2009 | See Source »

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