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...they have also produced a situation in which Asian countries are now some of the largest creditors in the world, rather than the debtors they were back in 1997. This is one reason that many see Asia playing a role in the way out of the current financial mess. The massive trade surpluses of Asian countries have accumulated, in large part, in the coffers of the region's central banks. These reserves have been invested primarily in U.S. Treasury debt and other low-risk securities. As the reserves have swelled, there has been a growing call to boost the returns...

Author: /time Magazine | Title: Asia Rising | 9/13/2007 | See Source »

...West Wing," he wrote to me, a reference to our brief meeting five years earlier, when I absentmindedly tracked mud from the Kentucky Derby track onto antique carpeting in the White House prior to an interview. "After a lot of scrubbing, I have finally cleaned the mess...

Author: /time Magazine | Title: Pen Pal | 9/13/2007 | See Source »

...looks a mess--funny in the context of the film; not so, given Wilson's hospitalization on Aug. 26 for what was described as a slashed-wrist suicide attempt. Instead of walking the red carpet in Venice, reportedly the actor was in his Santa Monica home under 24-hour watch by friends and family...

Author: /time Magazine | Title: Art vs. Life | 9/6/2007 | See Source »

...does, nations can sort out their problems without any words at all--and often without fighting either. In these cases, they may fall back on communicating through what's known as authority ranking, also known as power, status, autonomy and dominance. The logic of authority ranking is "Don't mess with me." Its biological roots are in the dominance hierarchies that are widespread in the animal kingdom. One animal claims the right to a contested resource based on size, strength, seniority or allies, and the other animal cedes it when the outcome of the battle can be predicted and both...

Author: /time Magazine | Title: Book Excerpt: Steven Pinker: Words Don't Mean What They Mean | 9/6/2007 | See Source »

...looks a mess - funny, in the context of the film; not so, given Wilson's hospitalization a week ago for what was described as a slashed-wrist suicide attempt. The actor was released Saturday and is in his Santa Monica home, People.com reported, under 24-hour watch by friends and family, instead of on the red carpet in Venice...

Author: /time Magazine | Title: Owen Wilson: Art Imitates Life | 9/3/2007 | See Source »

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