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...Still, Walker worries that the pain caused by this global crisis will lead to "a de-globalization move" over the next two years by Asian governments. Countries looking to preserve their own economies could become less eager to promote global trade, he says, and could resort to protectionism as competition for export markets becomes cutthroat. There will be "much more introspection, especially in emerging markets, about joining the party with as much gusto as in the past," Walker says. "There is going to be a lot of questioning about capital market opening. The old model is broken and they...

Author: /time Magazine | Title: Pundit: China's Economic Growth Could Stop | 2/3/2009 | See Source »

Live a Little. Off the mainland, at the San Juan Marriott Resort, you get a suite, with chauffered airport pickup and a dozen roses waiting in your hotel along with champagne and strawberries, all as part of their "Romantic Rendezvous" package. To properly appreciate the champagne, you can take tasting lessons with a sommelier, then enjoy a candlelit 3-course dinner. The next day, relax with breakfast served on your balcony, and take a packed picnic to the beach. Clean off the salt and sand with a romantic bath prepared in your suite. $536 per night, available through...

Author: /time Magazine | Title: Sweet Treats and Other Presidents' Weekend Getaways | 1/31/2009 | See Source »

...Better. The Sheraton in Nassau is offering a "Lovin' the Bahamas" package, including champagne on arrival and daily breakfast. You also get a daily $50 resort credit to use toward your food and drinks. $214 per person, per night...

Author: /time Magazine | Title: Sweet Treats and Other Presidents' Weekend Getaways | 1/31/2009 | See Source »

...Netherlands At Last, a Court of Last Resort After more than six years of diplomatic and legal disputes, the International Criminal Court (ICC) opened its first trial in the Hague on Jan. 26. The self-described "court of last resort," which operates independently of the U.N., was created to oversee large-scale human-rights violations--like those allegedly orchestrated by Congolese warlord Thomas Lubanga, the court's first defendant. The trial of Lubanga for training child-soldiers during the region's 2002-03 ethnic conflict is also the first test of an international law allowing victims--like the 93 people...

Author: /time Magazine | Title: The World | 1/29/2009 | See Source »

...establishment of formal relations will open diplomatic channels by which the US can help Iran to reconcile its differences with Israel and other Middle Eastern states. The present situation leaves the United States in a bind, unable to effectively mediate between two hostile parties and forced to resort to bullying and bellicose language. Opening relations with Iran will at least put negotiation on the table...

Author: By Matthew H. Ghazarian | Title: It’s Diplomacy, Stupid! | 1/28/2009 | See Source »

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