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...when the corporate world's enthusiasm for China was at its peak, I spent a few days in Beijing in the company of a bunch of top business executives from the U.S. and Europe. The occasion was a conference sponsored by my then employer, Fortune, and as I sat through the speeches and panels and dinners, I was repeatedly struck by the almost puppy-like devotion to the Middle Kingdom voiced by Western CEOs...

Author: /time Magazine | Title: The End of the Big Business-China Love Affair | 6/8/2009 | See Source »

...With oil prices reaching a peak of $160 per barrel during his presidency, Ahmadinejad's government has collected about $280 billion in oil income over four years, as much as his predecessors did in their cumulative 16 years in office. He has used some of that money to distribute cash handouts across Iran to facilitate loans to lower-income families, provide housing subsidies and raise wages and pensions for government employees. "My parents are both retired teachers, and yet they could barely sustain our household of seven," said an enthusiastic Amin Kazemi, a 19-year-old student of software engineering...

Author: /time Magazine | Title: Iran's Election: Rallies Reveal a Stark Contrast | 6/6/2009 | See Source »

...military by AM General, was first sold as a civilian vehicle in 1992. GM bought the line in 1999 and later introduced the smaller H2 and H3 models. After the SUVs became a rolling symbol of hip-hop bling and celebrity excess, Hummer in 2006 registered peak sales of 71,524 for all models. But with higher gas prices and the onset of recession, sales plunged...

Author: /time Magazine | Title: Will China Build a Fuel-Efficient Hummer? | 6/4/2009 | See Source »

...whether it will be possible to finish the cleanup. And there are still other questions that need to be answered. The Sound's valuable commercial herring fishery collapsed completely a few years after the spill - there are just 10,000 tons of the fish left today, down from a peak of 150,000 tons before the accident - and researchers are trying to figure out what impact the oil might have had on the species' decline. "We'll never be able to fully link the herring to the oil, but we want to know why the species won't come back...

Author: /time Magazine | Title: Still Digging Up Exxon Valdez Oil, 20 Years Later | 6/4/2009 | See Source »

...Peak time, if you ask me, to be beginning. Certainly, someone will be needed to call members of the Class of 2019 and tell them their future is over...

Author: By Samuel P. Jacobs | Title: Hey, Your Future Is Over | 6/2/2009 | See Source »

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