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...Rising mainland prices should come as no surprise. For years, economists have wrung their hands over the prospect that China's economy might finally overheat. The latest inflation report signals that time may be at hand. China has recorded four straight years of double-digit economic growth, and 2007 will likely be the fifth: first-quarter GDP expanded by 11.1%. At a moment when the rest of the world fears roiling credit markets might reduce growth, China faces a different challenge: how to slow its economic locomotive before it jumps the tracks...

Author: /time Magazine | Title: Too Much of a Good Thing | 8/16/2007 | See Source »

...unions," said Steve Kruse of Ogden, who seemed unaware that Big Oil, agribusiness and a fair number of major auto dealers support his party of choice. Romney was able to purchase (at $35 per entrance ticket) the votes of Kruse and 4,515 others-and it was the prospect of the former Massachusetts Governor's financial firepower that scared Giuliani, McCain and the spectral Fred Thompson away from the event. Romney now has to be considered a strong favorite for the Republican nomination. Giuliani may give him a tussle-and who knows about Thompson?-but in the end, Republicans will...

Author: /time Magazine | Title: Romney's Edge | 8/15/2007 | See Source »

...through various locales during my elementary and middle school years before my family settled in New York for the long haul, I found myself craving my old expatriate life once more. So this summer I packed my bags for London, my favorite city, thrilled at the self-indulgent prospect of being able to call it home again...

Author: By Aditi Banga | Title: Such A Lot Of World To See | 8/10/2007 | See Source »

...December - the incumbent hasn't yet decided whether he'll stand again - his elevation to the highest office in 2009 would be all but assured. Hence politics in South Africa is increasingly consumed by the chance of Zuma becoming President - and discussion of who might stop him. The prospect of a Zuma presidency fills South Africa's élite with dread. He is the target of the country's most syndicated cartoon strip, Da Zuma Code, which depicts him as a ruthless dunderhead. Editorials and letters in the middle-class press paint Zuma as a potential African strongman...

Author: /time Magazine | Title: The South African Candidate | 8/8/2007 | See Source »

...country. His sobersided approach has struck a chord with the electorate, and polls detect a "bounce" in support for Labour since Brown's arrival, which has fueled talk of a snap election as early as this fall to give Brown his own mandate. That's an especially tempting prospect for Labour after the Conservative opposition mishandled the flooding. Tory leader David Cameron chose to complete a fact-finding tour of Africa while his own constituency in England coped with floods...

Author: /time Magazine | Title: Foot-and-Mouth Tests Brown | 8/4/2007 | See Source »

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