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It's a question with lots of facets. What will consumer spending look like? What will government deficits look like? What will my hair look like? But some of the most crucial unknowns have to do with corporate profits. Profits are, after all, what stock prices are supposed to be...

Author: /time Magazine | Title: Economic Recovery: Will Corporate Profits Recoup? | 6/9/2009 | See Source »

In any case, the future path of corporate profits should eventually determine whether the stock market will keep rising, whether companies will start hiring again, whether this recovery will feel like much of a recovery or not. And while Wall Street's analysts are all making (for the most part...

Author: /time Magazine | Title: Economic Recovery: Will Corporate Profits Recoup? | 6/9/2009 | See Source »

This all adds up to a sense of rising crisis. "Don't lead us back to war," beseeched the country's biggest newspaper, The Nation, in a front-page editorial on April 10. The same month Annan warned of a dangerous "impasse." On May 10, former U.S. ambassador to Kenya...

Author: /time Magazine | Title: Kenya's Unfinished Reckoning | 6/8/2009 | See Source »

6 | Bangladesh NO SHELTER FROM THE STORM With winds gusting at 70 m.p.h. (about 115 kph), Cyclone Aila tore through parts of coastal Bangladesh and eastern India on May 26, killing roughly 200 people and forcing 500,000 to seek refuge in shelters and on rooftops to escape rising floodwaters...

Author: /time Magazine | Title: The World | 6/8/2009 | See Source »

Some South Koreans place at least part of the blame for the deteriorating North-South relationship on their own conservative President. Lee's two predecessors pursued an agenda of engagement with Pyongyang called the "sunshine policy," in which Seoul gave North Korea aid and investment - including the development of an...

Author: /time Magazine | Title: Why South Koreans Are Fed Up With Their Neighbor to the North | 6/8/2009 | See Source »

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