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...unquestioned leader of the global economy, is now in the midst of a disorienting shift in economic policy, away from the let-it-rip form of capitalism that has guided it for almost 30 years and toward more overt government control and regulation of huge swaths of the economy. No one yet can safely say whether this is wise, but in the U.S. it is certainly the stuff of increasingly fierce debate. No such doubts are evident in China, where the government reacted to the crisis with alacrity and the economy is now responding in kind...

Author: /time Magazine | Title: Can China Save the World? | 8/10/2009 | See Source »

...Washington RIP, F-22? In a 58-40 split, the U.S. Senate voted July 21 to scrap orders for seven F-22 fighter jets from a $679.8 billion military-spending bill, ending a standoff between lawmakers who defended the $1.75 billion project (which does not include R&D costs) as a way to create as many as 25,000 jobs and those who derided the combat plane as a relic of the Cold War. President Barack Obama, who threatened to veto the entire bill if the F-22 plans weren't eliminated, hailed the decision as a major victory...

Author: /time Magazine | Title: The World | 8/3/2009 | See Source »

...need for human contact, teeth to neck. They embody everything erotic about the predatory impulse. Vampires glide through the night and, instead of breaking down your door like an angry zombie mob, they glide into your bedroom for a late-night tryst. They don't rip a victim's limbs off; they leave two decorous little puncture marks on the neck or breast. But once they get into your system, you're theirs forever - unlike a zombie, whom you can escape just by walking briskly in the opposite direction. Vampires have savoir-faire and star quality; a vampire is Johnny...

Author: /time Magazine | Title: Thirst: Why Vampires Beat Zombies | 7/31/2009 | See Source »

Aquino, Copney, and Jiggetts—none of whom were Harvard students—allegedly participated in what investigators have called a failed "drug rip" that left Cosby, 21, dead. Shots were fired, and Copney, Jiggetts, and Aquino fled the scene and returned to New York City via bus that evening, investigators say. Four ounces of marijuana, wrapped in a "bloody work shirt," were found near Cosby after the shooting...

Author: By Bonnie J. Kavoussi and Peter F. Zhu, CRIMSON STAFF WRITERS | Title: Third Suspect Arrested in Kirkland Shooting Case | 7/31/2009 | See Source »

...knocked down. Many expect the ancient quarter, considered one of Central Asia's best preserved sites of Islamic architecture, to disappear almost entirely before the end of the year. "This is the Uighurs' Jersualem," says Henryk Szadziewski of the Washington-based Uyghur Human Rights Project. "By destroying it, you rip the soul out of a people." (Read a brief history of the Uighurs...

Author: /time Magazine | Title: Tearing Down Old Kashgar: Another Blow to the Uighurs | 7/29/2009 | See Source »

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