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China's main interest in Nepal has always been led by its concerns over Tibet, which has been ruled by China since 1950. Beijing's involvement with Nepal grew much more intense after the March 2008 ethnic Tibetan uprising against Chinese rule, which deeply embarrassed the Beijing government on the eve of its expensive Olympic Games. There are an estimated 20,000 Tibetans living in Nepal but, with China pushing Nepal to tighten its border with Tibet, the number of new refugees reaching Nepal has dropped to about 500 from an annual figure of around...

Author: /time Magazine | Title: Nepal: Caught Between China and India | 3/2/2010 | See Source »

...third term and clearly unwilling to give up power." That would be not just because of concerns over an erosion of democracy and the monopoly on power by one leader but also because the U.S. has criticized Venezuela's Chávez for trying to extend his rule in a similar...

Author: /time Magazine | Title: Colombia Gets Ready for Life After Uribe | 3/2/2010 | See Source »

...income. The agency has even set up the Bartering Tax Center. So does everyone need to report every little swap? "There are no tax implications for the type of bartering happening on our site," says Carl Schwartz of Swaptree, which trades only books, CDs, video games and DVDs. The rule of thumb, according to the IRS: if you're bartering something you might otherwise sell at a garage sale, there's generally no need to report it. But if you're bartering instead of taking money from a client, you're supposed to report...

Author: /time Magazine | Title: I'll Trade You My Tax-Code Knowledge ... | 3/1/2010 | See Source »

...Chile is more developed because it's doing things right. The same goes for Brazil, Uruguay, Costa Rica and a handful of other Latin American and Caribbean nations that have decided in the 21st century to stop running their societies like medieval fiefdoms. They've conceded that niceties like rule of law, accountability, education, entrepreneurial opportunity and administrative efficiency actually have merit. And they've stopped making worn-out excuses, like the threats of communism or U.S. imperialism, for not modernizing their political and economic systems. (See TIME's complete coverage of the Haiti earthquake...

Author: /time Magazine | Title: Chile and Haiti: A Tale of Two Earthquakes | 3/1/2010 | See Source »

...though to dismiss them. When asked what kinds of new political freedoms he wants for Libya - such as freedom of speech, or privately owned media - Saif replied without hesitating: "Everything - a level of freedom like in Holland." That would be a stunning departure from his father's 40-year rule, in which the country has carved a far different path from the West...

Author: /time Magazine | Title: Gaddafi vs. Switzerland: The Leader's Son on What's Behind the Feud | 2/27/2010 | See Source »

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