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...speed and relative success so far of China's stimulus stands in stark contrast with that of the U.S. According to a recent study by the World Bank, Beijing's government spending will generate more than 80% of the country's overall economic growth this year. This is partly because China was already in the midst of a nationwide infrastructure program when the recession hit. Emergency spending measures simply added to existing schemes already under way. In other words, the projects really were shovel-ready, and the money hit the streets quickly - and in large dollops. Outlays on new railway...

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

...really matters going forward is the conversation between the "G-2": China and the U.S. On July 27, President Barack Obama appeared to acknowledge this when, addressing participants in high-level talks between the two countries, he said Washington's relationship with Beijing would "shape the 21st century." In recent months, Beijing has started to throw its weight around. China seeks - and will almost certainly soon get - greater voting rights in the IMF. In June, China agreed to buy up to $50 billion in bonds issued by the IMF to boost the fund's capacity to deal with the global...

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

...general, for weight loss, exercise is pretty useless," says Eric Ravussin, chair in diabetes and metabolism at Louisiana State University and a prominent exercise researcher. Many recent studies have found that exercise isn't as important in helping people lose weight as you hear so regularly in gym advertisements or on shows like The Biggest Loser - or, for that matter, from magazines like this...

Author: /time Magazine | Title: Why Exercise Won't Make You Thin | 8/9/2009 | See Source »

...this after a failed effort to stage a dramatic march from the nearest intersection a couple of blocks away, in which Sheehan and her fellow protestors, wandering down a major city thoroughfare without sidewalks and braving a stream of impatient vehicles unused to delays, might have been recent graduates of the Outward Bound program in a city where presentation and composure are everything...

Author: By James K. Mcauley | Title: Requiem for a Neighborhood | 8/9/2009 | See Source »

...drone. And on Saturday Aug. 8, Indonesian authorities reported that Noordin M. Top, the country's most wanted terrorist, was probably killed during a police raid, ending a years-long manhunt for the Malaysian believed responsible for a string of bomb attacks in Jakarta and Bali in recent years. In a dramatic shootout broadcast on national TV, police surrounded and fired shots at a small house in Temanggung in central Java, where the fugitive had been holed up for the past two days. Police have yet to confirm officially the death of Top but local news sources say that small...

Author: /time Magazine | Title: Indonesia's Most Wanted Terrorist is Reported Killed | 8/8/2009 | See Source »

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