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...another period of economic turmoil, the late 1970s, and soon became convinced that I would never know a world in which gas was affordable, inflation wasn't in double digits and jobs were anything but scarce. Then the 1980s and '90s happened. So there is a danger in extrapolating present conditions to the future - and the U.S. economy has a wonderful penchant for surprising us all to the upside...

Author: /time Magazine | Title: What Comes After the Recession: A Fun Free Recovery | 6/18/2009 | See Source »

...Hossein Ershad Mosque in north Tehran, I spoke with Ismail Askari, the head of the taxi drivers' union in the city of Malard, just west of Tehran. He was a Mousavi supporter, but he admitted, "Most of the people in my cab have been happy with the present government...

Author: /time Magazine | Title: Joe Klein: What I Saw at the Revolution | 6/18/2009 | See Source »

...Earlier this week, I received an e-mail from a Lebanese who was present at the creation of the country's Iranian-backed, Shi'ite militia Hizballah in 1982 and on familiar terms with its most radical and violent members. He wrote: "Are you people crazy backing Mousavi, a patron of Hizballah's terrorist wing?" (See behind-the-scenes pictures of Mir-Hossein Mousavi...

Author: /time Magazine | Title: Robert Baer: Don't Forget Mousavi's Bloody Past | 6/18/2009 | See Source »

...Ahmadinejad's "divine victory," Khamenei backpedaled by ordering the country's Guardian Council to investigate the results - a decree that some took as an implicit capitulation to factions sympathetic to Mir-Hossein Mousavi, Ahmadinejad's challenger. In his two decades at the helm of the Islamic Republic, Khamenei's present challenge - to guide Iran through this stretch of turbulence while the world watches transfixed - may be his toughest...

Author: /time Magazine | Title: Ayatullah Ali Khamenei: Iran's Supreme Leader | 6/17/2009 | See Source »

Some Western analysts see the SCO's rise as a rival bloc to NATO, though these fears are, in the present climate, likely overblown. Beijing and Moscow regard each other with equal measures of warmth and distrust. The Central Asian countries tagging along are also keen to pit the Chinese and Russians against each other in a global scramble for the vast reserves of natural resources lurking beneath the region's rolling steppe and in the Caspian Sea. Still, in the U.N. Security Council, China and Russia have presented something of a united front when it comes to Iran. Their...

Author: /time Magazine | Title: Unbowed, Ahmadinejad Shows Up in Russia | 6/16/2009 | See Source »

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