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...fill the vacuum and assuage dissatisfaction, each boxer decided to take on formidable interim opponents. Pacquiao will fight Clottey, and Mayweather will battle "Sugar" Shane Mosley on May 1. The hope is that if Pacquiao and Mayweather both win their respective fights, they will work out their differences and fight in the fall. "My nails are going to be bitten down to the bone waiting until May 2," says Ross Greenburg, president of HBO Sports, which is hoping to televise the Pacquiao-Mayweather spectacle...

Author: /time Magazine | Title: Pacquiao and Mayweather: One More Until the Big One? | 3/9/2010 | See Source »

...European Union may have reached a tipping point in its awkward relationship with GMOs. This week, it quietly gave the green light to farmers to grow fields of genetically modified potatoes. It marks the first time that Brussels has approved any GMO cultivation since a moratorium 12 years ago. (See pictures of what the world eats...

Author: /time Magazine | Title: Is Europe Finally Ready for Genetically Modified Foods? | 3/9/2010 | See Source »

...Could public opinion now be changing? Recent debate over food security may be having an effect. The U.N. says the world population is set to reach 9 billion by 2050, requiring a 70% rise in global food production to feed the planet. With the added threat of climate change, GMOs like drought-resistant crops could offer hope that global demand will be met. "European public opinion on GMOs was shaken two years ago with the food crisis, when prices spiked wildly and there were riots around the world," says Jo Swinnen, senior fellow at the Center for European Policy Studies...

Author: /time Magazine | Title: Is Europe Finally Ready for Genetically Modified Foods? | 3/9/2010 | See Source »

...going to pay me, or I'm pulling my signal.' It's basic leverage." Since cable providers operate at margins of about 40%, they can probably afford it. Indeed, Morris thinks a price war is in the offing, which would be good for consumers. "They may decide that a 35% margin is worth the trade-off for a better audience share," he says. Morris believes that the collateral damage in this battle will be the smaller content providers that are being paid but aren't bringing the audience: "The cable providers will stop paying them...

Author: /time Magazine | Title: The Networks vs. Cable: The Oscar-Night Battle | 3/9/2010 | See Source »

Climate-change critics like Republican Senator James Inhofe may rail against China, but the PNAS paper shows that while Beijing may be leading the world in carbon emissions, that output is in large part due to the fact that it is using energy to make clothes, cars and toys for the rest of us. It also demonstrates that Europe - whose per capita carbon footprint is less than half that of the U.S. - essentially imports some of its green virtue from abroad by outsourcing its carbon emissions. "It does shrink the gap somewhat between the U.S. and Europe," says Davis...

Author: /time Magazine | Title: When Goods Get Traded, Who Pays for the CO2? | 3/9/2010 | See Source »

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