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...have never seen two elections that were alike," says Charlie Cook, editor of the nonpartisan Cook Political Report. For all the similarities between 1994 and 2010, there are important differences. The current wave of voter discontent started in August 2009, 15 months before the election; in 1994, it began just three months before Election Day. Only time will tell if the health-reform-inspired wave of hostility to the Democrats will fade by November or if the Republicans will manage to keep the issue alive. For Democrats, the challenge now is to turn the nation's attention back to other...

Author: /time Magazine | Title: Why 2010 May Not Be as Dire for the Dems as 1994 | 4/2/2010 | See Source »

...visit to Washington will come just days before an April 15 deadline for U.S. Treasury Secretary Timothy Geithner to issue a semiannual report that could label China a currency manipulator. China's currency, the renminbi, has been pegged to the dollar, and many economists say it is undervalued, giving Chinese exporters an advantage over their competitors in the U.S. and elsewhere. Some U.S. lawmakers have been pushing Geithner to declare China a manipulator, which would force talks between the two sides and the International Monetary Fund and could create momentum for Washington to adopt protectionist measures...

Author: /time Magazine | Title: Hu Heads for Washington: Will Tensions Ease? | 4/2/2010 | See Source »

...growing wheat: about $3,900 per hectare, compared with $1,200 per hectare. What's more, cannabis is even more lucrative to grow than opium poppies, which yield about $3,600 per hectare. It's also far cheaper to grow cannabis than poppies, requiring little sophisticated cultivation. The report says it is an almost ideal crop for desperately poor farmers, who lack fertilizers and tractors and who need every penny they can squeeze from their land. Because of this, the farmers have not been deterred by a government ban on growing hash. "The high sale price of cannabis...

Author: /time Magazine | Title: Afghanistan's New Bumper Drug Crop: Cannabis | 4/1/2010 | See Source »

...Monitoring Group on Somalia provided some illuminating details in a report in February. The report describes a corporate system in which pirates may be fined $1,500 for stealing from their ships or $500 for entering their bosses' offices without permission. On the flip side, pirates can win rewards of several thousand dollars for good behavior. "As the saying goes, 'the parents initially love their children equally, but it is the children who make them love some more than the others,' " says a document distributed to pirates by their bosses, according to the U.N. report. "It is up to your...

Author: /time Magazine | Title: Down and Out in Nairobi: Somali Pirates in Retirement | 4/1/2010 | See Source »

According to the report, rank-and-file militiamen receive $15,000 for their role in hijacking a ship. They get much more if they bring their own weapons or a boat. But pirates who have fled Somalia for Nairobi say that figure is much inflated. Ahmad, for example, says he might get a $10,000 share but his bosses would withhold as much as half of that to pay for his expenses. "The big fish are the guys who lead us, the ones who invest in the equipment, the boat, those things," he says. "Whether we die or not, they...

Author: /time Magazine | Title: Down and Out in Nairobi: Somali Pirates in Retirement | 4/1/2010 | See Source »

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