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...Maybe the two countries should swap stimulus packages. Every economist worth his or her salt agrees that the global economy needs to be rebalanced so that the U.S. becomes a bit more like China (spend less, save and invest more) and China becomes a bit more like the U.S. (spending more, saving less...

Author: /time Magazine | Title: Should China and the U.S. Swap Stimulus Packages? | 3/5/2009 | See Source »

...Washington's conviction that perception is reality, Geithner's fate rests less on how he performs in public than on how his plans fare: the market and most Americans care a lot more about the substance of the Administration's efforts to save the economy than they do about Geithner's thin delivery. Sure, he doesn't seem to fill his suit, and he talks too quickly, and he swallows the ends of his sentences, and he gives the impression of a grad student taking an oral exam, not someone leading the country out of perdition...

Author: /time Magazine | Title: Geithner Tries to Resell the Bank Plan — and Himself | 3/4/2009 | See Source »

...Irish voters are now venting their rage. On Feb. 21, the country saw its biggest public demonstration in a generation as 120,000 people took to the streets of Dublin. Most were civil servants protesting a levy on public-sector pensions, which the government says will save the country $1.2 billion. Unions are currently balloting members on a planned general strike for March 30, with the head of the country's trade-union umbrella group warning of a "doomsday situation" should the government fail to introduce a recovery plan that gains the support of social partners. According to the most...

Author: /time Magazine | Title: As Ireland Melts Down, Voter Anger Rises | 3/4/2009 | See Source »

...Save 829,000 Kids a Year...

Author: /time Magazine | Title: Why Indian Fires Are Deadlier for Women | 3/4/2009 | See Source »

...Pakistan is already an international cricket pariah - Australia, England and New Zealand pulled out of matches in 2008, citing security concerns. When India, too, boycotted the early March test match following the Mumbai attacks, Sri Lanka graciously stepped in to save international cricket in Pakistan. No longer. Pakistan had been picked as a co-host for the upcoming World Cup, but immediately following the Lahore attack International Cricket Council chief executive Haroon Lorgat told reporters in London, "It's difficult to see international cricket being played in Pakistan for the foreseeable future. It will be very challenging...

Author: /time Magazine | Title: Pakistan's Cricket Attack: A Blow to the National Psyche | 3/4/2009 | See Source »

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