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...inflation, Moody's, which grades creditworthiness, lowered Vietnam's ratings outlook last week to negative from positive. Poor ratings signal that banks may have trouble meeting their financial obligations, undermining investors' confidence in the country. In a nutshell, the economy overheated and the government was too slow to respond, says Jonathan Pincus, chief economist for the United Nations Development Program in Vietnam. "It's how we got into this problem," he says...

Author: /time Magazine | Title: Vietnam's Troubled Economy | 6/9/2008 | See Source »

...judge will also have to respond to new complaints from defense lawyers that Mohammed is intimidating and trying to exercise control over at least two of his co-defendants, pressuring them to reject legal advice...

Author: /time Magazine | Title: Gitmo Trials: The Political Agenda | 6/8/2008 | See Source »

...Until now, aid agencies have been hard pressed to respond. The WFP says soaring food costs and supply-chain disruptions have dented its ability to distribute food to the hungry. The organization bought a record $667 million worth of food for donations last year; about 80% of that was spent in developing countries to buy produce from small farmers. But even farmers in poor countries are holding out for more money. Traders in Cambodia and Sri Lanka recently broke agreements to sell rice to the WFP because they "preferred to sell it where prices were higher," says WFP spokeswoman Brenda...

Author: /time Magazine | Title: Food Prices: Hunger Strikes | 6/5/2008 | See Source »

...been a community organizer," Obama recalls, "I was convinced that if you invited people to get engaged, if you weren't trying to campaign like you were selling soap but instead said, 'This is your campaign, you own it, and you can run with it,' that people would respond and we could build a new electoral map." The chum stores, the e-mail obsession and the way Obama organizations sprang up organically in almost every congressional district in the country meant that by the time Obama's field organizers arrived in a state, all they had to do was fire...

Author: /time Magazine | Title: How Obama Did It | 6/5/2008 | See Source »

...today's flag-burning is entirely for the benefit of a lone Serbian TV camera, and most of those nearby respond as if some annoying regular had just selected his favorite song on the jukebox for the umpteenth time. "It's all fake," mutters a local businessman under his breath...

Author: /time Magazine | Title: Almost Mellow at Kosovo's Front-Line Cafe | 6/4/2008 | See Source »

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