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Several veteran House moderates have announced their retirements next year, giving Republicans hopes of picking up a significant number of seats in the November elections...
India, home of the $2,500 Tata Motors Nano, is quickly becoming the capital of a new generation of tiny econo-cars as major auto manufacturers crowd into the fast-growing market. Over the next 18 to 24 months, Honda, Toyota, Ford, General Motors and Nissan-Renault are all launching compact vehicles for India, which is rising as a manufacturing and export hub for cheap, fuel-efficient transportation...
...India's government has been encouraging automakers to build cars in India to avoid high import levies of up to 120% and to minimize production costs. Volkswagen, for example, plans to increase sourcing parts locally from 50% currently to 80% in the next two years, according to Joerg Mueller, head of the German carmaker's India group. (Watch TIME's video "Owning a Nano, the World's Cheapest...
...intractably committed to building nuclear weapons; doves will say that diplomacy wasn't given a serious chance. And those who insisted on a time limit for diplomatic efforts to stop Iran's nuclear program will almost certainly do the same on sanctions. That could force Obama, in the next year or two, to either hit the proverbial "reset" button on Iran diplomacy, or else confront the narrower choice touted by Western hawks: bomb Iran, or Iran with the bomb...
With Yemen apparently on the verge of becoming the world's next failed state and a regional base for al-Qaeda, a series of U.S.-assisted air and ground assaults that shook pockets of Yemen last week might have seemed like a positive development in the troubled country's otherwise downward spiral. But the dramatic action, which appears to have resulted in a number of civilian casualties, may not right the situation at all. "The U.S. has been growing very concerned about al-Qaeda in recent years, but it seems as though the U.S. is coming rather late...