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...Once the engine is dead, a recycling lot can take possession of the car. From that time, it has 180 days to sell the pieces of the car that retain some value. Even though the engine's a lost cause, everything from the scrap metal to the hubcaps is available to buyers. When the resale period is up, any leftover parts must be destroyed, and the government is notified that the car is gone for good...

Author: /time Magazine | Title: What Happens to the Clunkers Traded In? | 8/4/2009 | See Source »

...unfair campaigning from all sides. Opposition posters have been torn down, and the well-off dominant parties have not been shy about throwing their money around, including a major media campaign featuring prominent Kurdish entertainers. Observers are waiting to see if the dominant parties get enough votes to retain control of parliament and the KRG presidency; and, if not, whether they will transfer control. The outcome could well decide how much of an exemplar to the Middle East the Kurds will continue...

Author: /time Magazine | Title: Iraq's Kurds: Time to Prove Their Democracy | 7/24/2009 | See Source »

Whether or not Obama suffers any domestic political cost for putting pressure on Israel remains to be seen - he won three-quarters of the Jewish vote in last year's election, and he has good reason to believe he can retain most of that support even if he prods Israel on issues like settlements. After all, the settlements are not fundamental to Israel's security, to which Obama constantly reiterates his rock-solid commitment. (Watch a video about Israel's lonesome doves...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

...Even before the auction, analysts warned that Iraq's plans for attracting the investment necessary to crank up its output were overly optimistic. Iraq plans to retain ownership of its oil, but make long-term agreements with foreign companies to run the operations. But Oil Minister Hussein Shahristani demanded that oil companies lower their profit expectations, offering to pay them $2 for every barrel pumped in Iraq rather than the $4-a-barrel rate sought by oil executives. Chevron, which had negotiated for a year to develop Iraq's second-biggest field, West Qurna, pulled out of the deal...

Author: /time Magazine | Title: The Reasons Behind Big Oil Declining Iraq's Riches | 7/2/2009 | See Source »

...most of my black friends. That reverence was rooted in the fact that MJ's defiance of easy categorization showed us it was O.K. to be different. But even while being different, he remained true. His appearance kept changing but you could hear his roots. His music managed to retain its authenticity, its soulfulness, even as it ventured further into pop. We were proud of how his ambition, talent and market power punctured MTV's predominantly white lineup. (See TIME's top 10 Michael Jackson songs...

Author: /time Magazine | Title: Michael Jackson and the Black Experience | 6/27/2009 | See Source »

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