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...system was fool-proof. Even remarkably intelligent economists and journalists talked and wrote about "the Chinese Miracle." In 2007, the nation's GDP was $3.2 trillion, but was growing at 11%. U.S. GDP was well over $14 trillion that year, but its growth rate was 3%. It was only a matter of time before the lines crossed. (See pictures of China's wild side...

Author: /time Magazine | Title: The Last Pillar of the Chinese Economy Falls | 1/12/2009 | See Source »

...President-elect Barack Obama moves to stem the financial crisis, the nation's largest companies are struggling with ways to handle the volatile market's toll on their pension plans...

Author: /time Magazine | Title: Pension Losses Could Whack 2009 Corporate Profits | 1/12/2009 | See Source »

...Director of National Intelligence, Retired Admiral Dennis Blair will oversee the nation's sprawling complex of 16 intelligence agencies, a post he comes to having already served as a top CIA official near the end of a 34-year Navy career. He capped off that career as head of the U.S. Pacific Command, which makes him more Asia-centric than most past national-security appointees. He's good at running large bureaucracies; the Pacific Command covers more of the globe than any other...

Author: /time Magazine | Title: Dennis Blair | 1/12/2009 | See Source »

...complete team effort was the recipe for success for the Harvard women’s hockey team last season, the Crimson did have its stars, and perhaps none shined brighter than then-junior Sarah Vaillancourt and then-sophomore goaltender Christina Kessler.Vaillancourt was honored as the best player in the nation with the Patty Kazmaier Award, while Kessler set school records with a 1.06 goals against average and a .952 save percentage.Both players have remained solid this season, but the dominant performances that seemed to be the norm for the pair a year ago have appeared less frequently.That is, until this...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Crimson Sweeps Conference Foes | 1/11/2009 | See Source »

...wrenching experience for reserve officer Ariel Seigelman. A youth counselor, he and his wife were savoring their first trip to a café after the birth of their son when Seigelman's cell-phone rang. He recognized the caller's number as the Israeli Defense Forces. "Your nation needs you," an unknown voice said...

Author: /time Magazine | Title: In Fake Arab Town, Israeli Lawyers and Actors Prep for Real War | 1/11/2009 | See Source »

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