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Municipal bonds have long been a no-brainer investment. But not any more. A growing number of analysts and financial planners are raising doubts about the bonds of local and state governments. They worry that a weakened economy, along with rising cost of benefits for city workers, will make it...

Author: /time Magazine | Title: Rising Risks in Muni Bonds Worry Investors | 4/13/2009 | See Source »

It may seem absurd, but war planners in both countries, though ostensibly no longer adversaries, care very much about even the smallest incremental adjustments that would alter nuclear parity. And so not just the tone of negotiations but their goal must be set just right. Zimmerman and other arms-control...

Author: /time Magazine | Title: Reducing Nuclear Weapons: How Much Is Possible? | 4/9/2009 | See Source »

That's why the first step will likely be a modest one. Traditional deterrence theory holds that a country should keep as many nuclear weapons as it would need in an absolute worst-case scenario, one in which it had to destroy the war-fighting capacity of multiple adversaries. The...

Author: /time Magazine | Title: Reducing Nuclear Weapons: How Much Is Possible? | 4/9/2009 | See Source »

Already, New Delhi and Beijing seem to be focusing their naval strategies on each other. China is constructing naval stations and refueling ports around India, including in Burma, Sri Lanka and India's nemesis Pakistan; India has transformed a beautiful bay in the southern state of Karnataka into an advanced...

Author: /time Magazine | Title: Beyond Pirates: On the High Seas, an India-China Rivalry | 4/8/2009 | See Source »

“My goal is to make ‘Beantown,’ green town,” said Boston mayor Thomas M. Menino, as he kicked off the Harvard Graduate School of Design’s weekend-long conference last Friday. The conference, entitled ?...

Author: By Emma R. Carron, CRIMSON STAFF WRITER | Title: GSD Talks Green Growth in Cities | 4/6/2009 | See Source »

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