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...Contrary to constant press reports in China and abroad, which say the Chinese side of the iron-ore price negotiations are being conducted on Beijing's side by the Chinese Iron and Steel Association, they are, in fact, being run straight out of Premier Wen Jiabao's office. And Wen, says the banking source, has "not been a happy man" since the Chinalco deal fell apart earlier this summer. Don't misread, in other words, the absence of the state-secrets charge against the Rio Four as evidence that the extraordinary face-off between China and one of the world...

Author: /time Magazine | Title: China vs. Rio Tinto: The Confrontation Isn't Over | 8/14/2009 | See Source »

Nick Griffin Party: British National Party Policies: Advocates repatriation of "nonindigenous" Britons, stopping immigration and barring asylum seekers unless citizens of France, Ireland or the Faroe Islands Quote: "Berlusconi has to be one of the great political geniuses" - Griffin admires Italy's premier, whose coalition includes the far-right Lega Nord...

Author: /time Magazine | Title: The March to the Far Right | 8/10/2009 | See Source »

...administrators of the Hsinchu Science and Industrial Park are, perhaps fittingly, dilapidated compared with the shiny high-rises and modern factories surrounding it. When the boxy building first opened in 1980, the same year as the park, its first officials were key players in developing Hsinchu into the premier center for Taiwan's electronics industry. Today, though, the idea that a bunch of bureaucrats can engineer industrial progress seems as out-of-date as the tattered furniture in the office's dark hallways. Read "Taiwan Scores Invite to WHO Meeting...

Author: /time Magazine | Title: Taiwan: How to Reboot the Dragon | 7/27/2009 | See Source »

They shouldn't be shocked. Secret overseas operations are nothing new for the CIA, which was created in 1947 with the broad authority to conduct foreign intelligence missions. In 1953 the agency orchestrated a coup against Iranian Premier Mohammed Mossadegh that returned the pro-American Shah to power. Over the ensuing decade, it supported coups and assassinations in places such as Guatemala and the Dominican Republic to install leaders considered sympathetic to U.S. interests. Despite this legacy, many Americans were unaware of the CIA's clandestine operations until May 1960, when a U-2 spy plane was downed over...

Author: /time Magazine | Title: Brief History: Secret CIA Missions | 7/27/2009 | See Source »

...automotive executives, investment bankers or even European Union bureaucrats: Volkswagen is not just any German company. Wiedeking lost his bid for control of VW when he lost the support of Ferdinand Piech, the VW supervisory board chairman who initially backed a Porsche takeover. Piech realized that Christian Wulff, the premier of the state of Lower Saxony, which holds a blocking stake in the carmaker, would not support a takeover. All Wulff had to do was use the so-called Volkswagen Law, or "Lex VW" as it is known, which guarantees that Lower Saxony cannot be out voted by any unwanted...

Author: /time Magazine | Title: Is Porsche's Exiting Boss A Symbol of Capitalist Excess? | 7/25/2009 | See Source »

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