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...That's why, for global companies like General Motors, China is no longer the future. It's the present. Of the world's 10 biggest economies, China's is the only one that is growing, and it could soon surpass Japan's to become the world's second largest. The Shanghai exchange has soared more than 80% this year, by far the best performance among major markets. Nations that depend on producing commodities, such as Australia and Brazil, have benefited immensely over the past six months as demand from China has driven up the price of raw materials. Helped...

Author: /time Magazine | Title: Can China Save the World? | 8/10/2009 | See Source »

Blaming Islam Last December, Wilders addressed a Jerusalem conference called Facing Jihad. "The dogmas of the quiet past are inadequate to the stormy present," he intoned. "The occasion is piled high with difficulty, and we must rise with the occasion." If these phrases seem familiar, that's because they're borrowed from Abraham Lincoln, who framed them as civil war raged in the U.S. a century and a half...

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

...disappointed that you ran a human-interest piece. The astronauts' post-NASA lives are not the primary story. The Apollo program represents more than a technological feat. The audacity to go to the moon was perhaps the 20th century's greatest illustration of America's optimism. Present generations of Americans need to recapture some of that audacity. Vincent Augelli, SAN DIEGO...

Author: /time Magazine | Title: Inbox | 8/10/2009 | See Source »

...Most people in this village of 1,000 ethnic Ossetians would probably agree. Before the war, says Bestayev, local villagers had to present passports and undergo searches when they traveled through Eredvi on the way to the South Ossetian capital Tskhinvali about six miles (9.7 km) away. "Maybe those idiots will start shooting again," he said, again motioning towards Georgia, "but that would be their last shot. Our side of the border is much stronger...

Author: /time Magazine | Title: A Year After War, S. Ossetia More Dependent on Russia | 8/10/2009 | See Source »

After a time, Obama steps away, and Biden reaches for his wedge. The ball miraculously splits the trunks and bounds onto the green, less than 20 feet from the pin. Amid the caravan of golf carts, including those of the Secret Service detail, a doctor and the ever present nuclear-code-toting military aide, there is an eruption of applause. "Calm under pressure," Obama calls out, bequeathing to Biden his own most valued attribute. "That's why he's my Vice President...

Author: /time Magazine | Title: Barack Obama: America's (Not So Great) Golfer-in-Chief | 8/9/2009 | See Source »

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