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Despite the breakdown of talks Friday, it's still unlikely that those opposing the cap will need to follow through on their threats to leave when the deadline for entering next season expires on May 29; after all, few sports can rival Formula One for its history of posturing. Ferrari, the only team to have competed since the series began in 1950, threatened in the 1980s to leave for the Indianapolis 500. Drastic proposals by the FIA last year to introduce a standardized engine across all teams - a nonstarter for the likes of Ferrari - quickly looked like scare tactics aimed...

Author: /time Magazine | Title: Can Formula One Run Without Ferrari? | 5/15/2009 | See Source »

With his political career more or less finished, Zhao went to Tiananmen Square to talk to some of the tens of thousands of protesters massed there. Premier Li Peng, Zhao's primary rival, tagged along - though Zhao says Li was "terrified" and quickly left the scene. A teary Zhao spoke to student leaders through a bullhorn. "We have come too late," he said, urging students to leave the square to help calm things down. Few heeded his words. About two weeks later, the tanks and troops were sent...

Author: /time Magazine | Title: The Secret Memoir of a Fallen Chinese Leader | 5/14/2009 | See Source »

...first year in office, Taiwan President Ma Ying-jeou has kept his promise to ease tensions with the island's longstanding rival, China. Beijing and Taipei have signed several historic agreements opening up direct transport links, allowing mainland Chinese tourists to visit Taiwan, and calling for financial cooperation. Taiwan also recently announced Chinese would be allowed to invest in Taiwan for the first time. On May 12, TIME's Jim Erickson, Michael Schuman and Natalie Tso sat down with Ma to talk with him about China, the economy, and Taiwan's future. TIME: Tell us what you thought about your...

Author: /time Magazine | Title: Taiwan's Ma Reflects on His First Year As President | 5/14/2009 | See Source »

...second concerned payments to prevent firms from designing hardware around AMD chips: Intel paid PC makers to delay or scrap the launch of new computers containing their rival's products. "Intel limited consumer choice and stifled innovation by preventing innovative products for which there was a consumer demand from reaching end customers," the Commission said...

Author: /time Magazine | Title: The Chips Are Down: Intel's $1.45 Billion Fine | 5/13/2009 | See Source »

...studies division at the Center for Naval Analyses in Washington D.C., envisions a more tacit struggle for strategic supremacy, based on stealth and surveillance. "There'll be a capabilities competition between the U.S. and China going on for the foreseeable future," he says, with navies seeking to interfere with rival sea lines of communication, probing maritime borders with deep sea patrols likely involving submarines capable of bearing ballistic missiles...

Author: /time Magazine | Title: China's Navy Grows, and the World Watches Warily | 5/13/2009 | See Source »

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