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Apparently I was wrong. Facebook users actually love reading 25 things about themselves. I never expected to receive so many e-mails defending a person's right to read about how much his high school biology lab partner hates goat cheese. (Read the original "25 Things I Didn't Want to Know About...

Author: /time Magazine | Title: 25 More Things I Didn't Want to Know About You | 2/8/2009 | See Source »

...moderates are united in their disdain for what they consider extraneous spending in the massive economic package, which most Republicans are unwilling to support. Nelson and his Republican partner, Maine Senator Susan Collins, compiled a list all of the programs in which the Congressional Budget Offices estimated that less than 10% of funds would be spent in the first 18 months. From that list they selected about $100 billion in programs, mostly in education, state aid and science that, while perhaps worthy pursuits, they don't believe belong in the stimulus bill. At the same time, the coalition has also...

Author: /time Magazine | Title: Can Ben Nelson Get a Bipartisan Stimulus Win? | 2/6/2009 | See Source »

...when bilateral trade was $13.4 billion, the trade balance was in India's favor to the tune of $1.7 billion. But by 2006, India's trade balance had swung to a deficit of $4.12 billion, which grew to $16 billion last year. China is India's largest trading partner...

Author: /time Magazine | Title: India Launches a Toy Trade War With China | 2/6/2009 | See Source »

...China over the past seven months has been at the receiving end of adverse trade measures by other major trading partners. In December, the E.U. imposed anti-dumping duties on Chinese screws and bolts. In June, the U.S. imposed anti-dumping duties on four Chinese product categories including steel pipes, a move that prompted China to lodge a complaint with the WTO. But according to Vineet Aneja, partner at Delhi-based corporate law firm FoxMandal Little, India may have difficulty defending its case in any WTO action. "The WTO may not uphold the ban since not enough reason has been...

Author: /time Magazine | Title: India Launches a Toy Trade War With China | 2/6/2009 | See Source »

...came to light, as well as embezzlement and a host of other possible transgressions. According to reports in Indian newspapers, investigators for the Andhra Pradesh Crime Investigation Division have discovered Satyam funds were diverted into Maytas Properties and Maytas Infrastructure, property companies owned by the Raju family. Two senior partners of Satyam's auditors, Price Waterhouse, S. Gopalakrishnan and Srinivas Taluri, have also been arrested and charged with conspiracy, among other allegations. "SEBI will mainly look into any falsifications that may have had a [stock] price impact," says Anand Prasad, a partner at Delhi-based corporate law firm Trilegal. "They...

Author: /time Magazine | Title: India Market Officials Probe Satyam Fraud | 2/5/2009 | See Source »

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