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...This Time It's Different Asia has suffered recessions before, of course, and bounced back strongly. But this downturn is different. Unlike during recessions in 1997-98 and 2001-02, Asia's favorite customer - the American consumer - appears to be making profound changes in his purchasing habits. In the long run, this may be a good thing. Roughly 25% of Asia's final exports end up in the U.S., and economists have been warning for years that America's penchant for borrowing and spending, coupled with Asia's pattern of saving and selling, created massive trade imbalances that would ultimately...

Author: /time Magazine | Title: Losing Traction | 2/26/2009 | See Source »

Almost everybody learned from Cézanne. Braque pored over the great still lifes--all those apples and bunched tablecloths--and took from them ideas about distorted forms and tilted planes that he and Picasso would carry into the profound thickets of Cubism. The serene heft of Cézanne's many views of Mont Sainte-Victoire inform the muscular Maine landscapes of the American painter Marsden Hartley. The enduring reach of Cézanne can even be felt in Ellsworth Kelly's Lake II, a color-field wall panel from 2002 that distills and abstracts the visual experience of water, just...

Author: /time Magazine | Title: The Master of Us All | 2/26/2009 | See Source »

...surprise that primally wired gestures should be connected with powerful feelings, because they exist to express just those states. But what about acquired ones? Can a gesture that had no meaning until someone explained it to us become as profound a part of our emotional language? (See pictures of facial yoga...

Author: /time Magazine | Title: Giving the Finger: This Hurts Me More Than You | 2/25/2009 | See Source »

...Sarkozy went even further, demanding new regulations that would impose responsibility and moderation where excess once reigned. After the meeting, Sarkozy said that "the violence of the [economic] crisis, its depth, call for really profound changes." He also claimed the European objective going into the G20 meeting is to " to start capitalism again from scratch, [and] make it more moral...

Author: /time Magazine | Title: Europe Calls for Tougher Rules on Global Markets | 2/23/2009 | See Source »

...leading some researchers to contemplate whether the consistent and comprehensive use of bedside solutions may actually slow the progression of the disease. If rudimentary tools have any chance of inhibiting the disease, health-care workers are interested. When it comes to Alzheimer's, even incremental improvements can have a profound effect: a 2004 Australian study found that delaying the onset of dementia by five years would eventually halve the number of people living with the condition...

Author: /time Magazine | Title: Advances for Alzheimer's, Outside the Lab | 2/23/2009 | See Source »

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