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...plus side, there was some improvement in commodity prices in May - but it was more than offset by an appreciating currency and lower export volumes, which crushed trade receipts. As a result, second-quarter GDP is expected to contract 3.1% on an annualized basis, according to the Toronto-based investment dealer CIBC World Markets. "I wouldn't be surprised if June was as bad as May," says CIBC economist Krishen Rangasamy, referring to Canada's trade deficit. He expects the country's balance of trade to begin improving in the fourth quarter, with annualized GDP growth...

Author: /time Magazine | Title: Just When Canada Thought It Was in Recovery... | 7/20/2009 | See Source »

Consider this scenario: a shopkeeper mistakenly returns an extra $10 in change to a customer. In one outcome, the customer returns the money promptly, without pause. In another, he hesitates for just a second, thinks about pocketing the 10 bucks, then decides to give it back...

Author: /time Magazine | Title: The fMRI Brain Scan: A Better Lie Detector? | 7/20/2009 | See Source »

...Constitution, a great improvement on holy books, not only provides for separation of church and state but also provides for evolving morality. It finally gave blacks and females their freedom. There should now be an amendment to the Constitution to provide full citizenship for gays. They have been second-class citizens for far too long. Gays, as everyone should admit, have contributed a great deal toward humanity. Ray Standiford, Pattaya, Thailand...

Author: /time Magazine | Title: Inbox | 7/20/2009 | See Source »

...least 1,400 people, mostly Uighurs. During an official tour for Chinese and foreign journalists, the fear and anger of both the city's Han majority and Uighur minority were palpable. A 65-year-old Han man originally from China's central Henan province said he retreated to his second-floor apartment as a mob of about 50 Uighur youths attacked a Chinese car dealership nearby. "We spent more than a day inside our house," said the retired farmer, who declined to give his name. "We were too terrified to come out." As the journalists toured the burned...

Author: /time Magazine | Title: China's War in the West | 7/20/2009 | See Source »

...Fear and Loathing Many Uighurs complain that they have become second-class citizens in their own homeland. Government authorities limit the numbers of Muslim Uighurs allowed to go on pilgrimage to Mecca and handpick clerics to deliver politically approved sermons at Friday prayers. Teaching of the Uighur language, which is written in the Arabic script, has been curbed so that Uighurs can more easily assimilate into the wider Chinese society. Yet Uighurs say that they are discriminated against by Chinese companies that operate in Xinjiang. They face restrictions on their travel abroad and even within China itself; repeated stories...

Author: /time Magazine | Title: China's War in the West | 7/20/2009 | See Source »

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