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...there any takeaways from the Yugo story? What do you expect when the Tata Nano hits the U.S. next year? I'm not bashing Tata; I hope a little car like that goes. But the Nano does have many similarities. One is that they are creating premarket press - it's everywhere. They are creating the preconditions for a mania, and I don't think you should do that - it's not a pair of jeans or an album. They're going to create a mania and then invariably, the press will jump on board. The Nano will shoot up briefly...

Author: /time Magazine | Title: The Yugo: Worst Car Ever? | 3/16/2010 | See Source »

Then, a double fault gave the Red Storm a point to make the score 40-30. In the next exchange, Omodele-Lucien’s opponent lobbed a shot into the back corner to knot the score at deuce. Yet, Omodele-Lucien held on and captured the next two points for a 4-6, 6-1, 7-5 victory...

Author: By Molly E. Kelly, CONTRIBUTING WRITER | Title: Men's Tennis Escapes Red Storm | 3/15/2010 | See Source »

...civilian griping has heightened the fraught congressional machinations. As Obama, House Speaker Nancy Pelosi and their allies seek the final cache of votes required to clear the next hurdle in the House, they have one hand tied behind them. Business-as-usual eleventh-hour incentives are off limits after the pointed backlash against a spate of clumsy sweetheart deals like the so-called Cornhusker Kickback given to Nebraska Senator Ben Nelson. That's why the reality for the Democratic Party - that they must all hang together on the health care vote or they will surely all be hung separately...

Author: /time Magazine | Title: What a Health Care Loss Would Mean for Obama | 3/15/2010 | See Source »

...helicopter to observe the demonstration's effects on Bangkok's notoriously bad traffic as the capital braced for the night ahead. By Monday afternoon, protesters were heading back to the main rally site in Bangkok's old quarter, where the leaders were set to meet and plan their next move...

Author: /time Magazine | Title: Amid Massive Protests, Thai PM Won't Step Down | 3/15/2010 | See Source »

...presumably referring to the U.S.: President Obama declared in a speech last week that he wanted to double U.S. exports over the next five years and challenged China to adopt a "market-oriented exchange rate" for its currency, the renminbi. But the policies that Wen was criticizing are in many respects what China has pursued for years. The renminbi has been pegged against the dollar since mid-2008, and overseas economists say the currency may be undervalued by as much as 40%. Trade is a key component of economic growth for China, the world's largest exporter, and the government...

Author: /time Magazine | Title: China Takes Aim at the U.S. on Currency Conflict | 3/15/2010 | See Source »

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