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...February sales were surprisingly good" considering the snowstorms that blasted across the Northeast and the Mid-Atlantic region, says Richard Jaffe, a managing director at Stifel Nicolaus & Co. "I think things are improving, but I don't think we're out of the woods...

Author: /time Magazine | Title: A Hopeful Economic Sign: February Retail Sales Jump | 3/12/2010 | See Source »

...gateway to hidden wealth. Deep within Boone County are rich seams of coal, holding some 3.6 billion tons of the black stuff and millions in profits - and much of it sits in Cherry Pond Mountain, a few miles from Lindytown. The largest coal-mining company in the region - Massey Energy, based in Richmond...

Author: /time Magazine | Title: In West Virginia, a Battle Over Mountaintop Mining | 3/12/2010 | See Source »

...produced a popular backlash, in part because Hong Kongers seem to have faith in a gradualist approach. Although support for democracy hovers around 70%, almost half the elected officials are from pro-Beijing parties that advocate cooperation and incrementalism. Some Hong Kongers even question whether the special administrative region is ready for democracy. A common refrain: If "Long Hair," a Trotskyite pro-democracy legislator known for his long hair and Che T-shirts, can become the second most popular politician in the city, the people aren't ready to pick their own Chief Executive. For some, the skepticism runs deeper...

Author: /time Magazine | Title: Is Hong Kong Getting Any Closer to Real Democracy? | 3/11/2010 | See Source »

...also concern that Beijing will allow universal suffrage only after Hong Kong passes some sort of antisedition law that could make it illegal to campaign for democracy in the mainland the way Liu Xiaobo did or to call for the independence of Hong Kong, Tibet or the Uighur autonomous region of Xinjiang. In 2003 an antisedition bill proposed by the local government was defeated after a million people took to the streets in protest. Beijing has not formally made the antisedition law a precondition to democracy, but there have been subtle hints that it may be a factor: in December...

Author: /time Magazine | Title: Is Hong Kong Getting Any Closer to Real Democracy? | 3/11/2010 | See Source »

...summer, the election appears to have yielded another period of political uncertainty. Until now, Iraqi politicians have managed to hold things together by deferring decisions on some of the toughest points of contention, such as the status of Kirkuk - the oil-rich northern city coveted by the autonomous Kurdish region, a claim fiercely resisted by the Arab majority, first and foremost the Sunnis who live in the area - and the mechanisms for sharing the country's oil wealth. Cobbling together a new ruling coalition is unlikely to see any decisive resolution of those deep-seated conflicts. They could well remain...

Author: /time Magazine | Title: Iraq: Political Turmoil Threatens as Votes Are Counted | 3/11/2010 | See Source »

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