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...Which of the following types of investment would best protect the purchasing power of a family's savings in the event of a sudden increase in inflation? A. A 10-year bond issued by a corporation B. A certificate of deposit at a bank C. A 25-year corporate bond D. A house financed with a fixed-rate mortgage 36% of high school seniors answered this question correctly

Author: /time Magazine | Title: $tudent $avvy | 1/14/2010 | See Source »

...that lucrative natural resources lie beneath its lagoons and reefs. But, experts say, at a time when regional economies are booming - and nationalist sentiments swelling - the Paracels and the heavily contested Spratly islands further south remain a flashpoint in this part of the world, where the traditional balance of power is tilting further toward China...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...sovereignty claims over these islands a fait accompli." Vietnam watchers point to an escalation of tensions since the 2007 completion of a strategic Chinese submarine base on Hainan Island, just over 124 miles (200 km) from Vietnam's eastern shore. The base has enabled Beijing to project its power not only in its own backyard, but further into the Pacific and Indian oceans as well. Last year, China detained 25 Vietnamese fishermen found near the Paracels, who were released only after weeks of demonstrations in Vietnam. Chinese officials also allegedly pressured multinational oil companies to eschew tying up deals with...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...tacit consolidation of interests - including China's economic expansion into the Paracels - to continue. How this chess game plays out may have broader ramifications as the Chinese military extends its clout and influence in the coming decades. "It's an interesting showcase for what the future of Chinese naval power may look like," says Emmers. "And not just in the South China...

Author: /time Magazine | Title: China and Vietnam: Clashing Over an Island Archipelago | 1/14/2010 | See Source »

...approval ratings. According to a survey by the polling institute Infratest Dimap on Jan. 7, 59% of Germans approve of the way Merkel is doing her job, compared with 70% in December. The Chancellor will have to find a way to rekindle the love that swept her back into power last year, or she could be looking at a very long, torturous...

Author: /time Magazine | Title: For Germany's Merkel, a Terrible Start to the Year | 1/14/2010 | See Source »

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