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...best in Latin America. Argentina has parlayed a cheaper but stable peso into record export earnings. "Argentina," crows Central Bank president Martín Redrado, "is enjoying its most solid macroeconomic context of the past 30 years." In Brazil, Lula's election (and 2006 re-election) did not render the region's largest economy a leftist basket case. Instead, inflation has fallen from 12.5% in 2002 to less than 4% today. Brazil's real has climbed 56% against the U.S. dollar, and the Săo Paulo stock exchange, the Bovespa, is soaring. And since the U.S.-Chile free-trade agreement took...

Author: /time Magazine | Title: Latin America's Peculiar New Strength | 11/15/2007 | See Source »

...world’s leading investment banks,” a recent Crimson editorial informs its readers, “it manages assets worth well over $2 trillion.” And if those numbers do not render you speechless, another of UBS’s accomplishments, the editorial presumes, certainly will. Apparently, by arranging what some hope to be China’s largest ever stock offering, “the bank plays an important role in underwriting the supporters of Sudan’s genocidal government.” And with that note, the chanticleers of self-righteous...

Author: By Christopher B. Lacaria | Title: A Band-Aid for Bleeding Hearts | 11/4/2007 | See Source »

...than regulate the Taser's use, some government officials hope to replace the controversial device altogether. The Department of Homeland Security is funding the creation of a new non-lethal weapon called the LED Incapacitator, a flashlight-like device that uses high-intensity LEDs, pulsating at varying rates, to render a suspect temporarily blind and dizzy...

Author: /time Magazine | Title: Are Tasers Being Overused? | 10/31/2007 | See Source »

...world can make room for the newcomers, then we should be able to make it through the 21st century. If not, it won't matter what we do in the U.S. - the sheer scale of the rising demand for energy and raw materials in the developing will render our actions moot...

Author: /time Magazine | Title: The Energy Solution: Do Something | 10/22/2007 | See Source »

...That brings to mind the last component that would render a counterterrorism drill most effective. It would end with a clear-eyed and extensive public report. As it is, the TOPOFF reports are "for official use only," so they are not shared publicly - a level of secrecy that was criticized by some members of Congress last week. "What that does is it shields people from accountability," says Clarke. A good public report would not include truly secret information. It would identify problems and set deadlines for fixing them. And if it were public, there might actually be some pressure...

Author: /time Magazine | Title: The Trouble with Terror Drills | 10/12/2007 | See Source »

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