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...Then there is the issue of size and China's past greatness. Washington assumes that China's destiny is plastic. Yet, to the CCP, it is predetermined. China is home to four-fifths of the population of East Asia and has 21/2 times more people than the whole of Southeast Asia. It has been the dominant civilization in Asia for 3,000 years and has had the largest economy in the world for 18 of the past 20 centuries. For a country that views its natural place at the center of Asia, expectations that it behave as a responsible stakeholder...

Author: /time Magazine | Title: Perception Gap | 3/8/2010 | See Source »

...remain flat despite the problems at home, in large part because nearly 60% of his business is in Eastern Europe. "That exposure is helping," he says. Aegean Airlines, which may have to move to short-term leases for some of its fleet, is looking outward too. In the past six months, the carrier has added routes to Egypt, Israel and Turkey. Greece's $40 billion shipping industry--the country controls 22% of the world's oil-tanker fleet and nearly 25% of its cargo ships--should also prove immune to the financial maelstrom because of its global reach, according...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

...million children, or about 4% of the total school-age population - is expanding its overseas outreach. And on Jan. 26, the HSLDA helped the Romeikes become the first people granted asylum in the U.S. because they were persecuted for homeschooling. (See pictures of East Germany making light of its past...

Author: /time Magazine | Title: Give Me Your Tired, Your Poor, Your Homeschoolers | 3/8/2010 | See Source »

BENJAMIN JEALOUS, president and CEO of the NAACP, defending the organization's bestowal of an Image Award on former White House green czar Van Jones, despite his resignation last fall over rumors about his alleged radical past...

Author: /time Magazine | Title: Verbatim | 3/8/2010 | See Source »

Many of the credit-card changes signed into law last May by President Obama took effect Feb. 22. Some key provisions: retroactive interest-rate hikes are prohibited unless the account is more than 60 days past due, users can opt out of paying for overdraft protection, and annual or application fees cannot total more than 25% of the initial credit limit. While the changes provide more transparency for the consumer, analysts warn that banks may find loopholes for new fees to make up for lost revenue...

Author: /time Magazine | Title: The World | 3/8/2010 | See Source »

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