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...intensifying, and efforts by Beijing to let some of the air out of the balloon before it bursts have so far proved ineffective. The latest statistics, released last week, added to the alarm. Despite the central government's efforts to curtail unrestrained bank lending and excessive investment in sectors such as real estate and automaking, China's economy surged 9.7% in the first quarter this year, well above the government's 7% target. Another worrisome sign: fixed-asset investment spiked 43% in the first quarter, with the bulk of it going into the already frothy heavy-industry sector. Raghuram Rajan...

Author: /time Magazine | Title: Bubble, Bubble, Toil and Trouble | 4/19/2004 | See Source »

...Anyone who was looking for a change of course in Iraq could take no comfort. Bush said that he was searching for ways to make NATO more involved, perhaps giving it border control duties in Iraq or transferring Polish authority over one sector of the country to NATO, as if that would do the trick. But the idea of giving more international political authority to the UN or other countries was nowhere on the table. Instead, Bush reaffirmed the June 30th deadline as if to remind Iraqis that sovereignty is around the corner. ?I wouldn't like being occupied,? Bush...

Author: /time Magazine | Title: Sizing Up Bush's Press Conference | 4/13/2004 | See Source »

...Want My Slim TV Why plasma is the toast of the tech sector...

Author: /time Magazine | Title: Table of Contents: Apr. 12, 2004 | 4/12/2004 | See Source »

...drenched world of consumer electronics by surprise. The flat-screen sets are brightening the picture in surprising places in this hard-to-tune economy. Design buffs love their sleek, minimalist profile; videophiles love the stunning picture quality; and investors are finally finding a bright spot in the beleaguered tech sector. In 2003, sales of plasma flat-screen televisions, despite an average price tag more than 10 times that of a conventional TV, tripled, to $919 million, according to the research firm NPD Group. This year the market for flat-panel TVs is expected to soar to $2.5 billion--and that...

Author: /time Magazine | Title: Plasma's Bright Future | 4/12/2004 | See Source »

...Holy Week, and across the country over the next seven days even more people will be talking about Christ's Passion. In the U.S. alone, tens of millions will attend church and participate in services that relive the death and Resurrection of the Messiah. For a certain sector of the public, the seasonal spirit has been further enhanced by the publication of The Glorious Appearing, the 12th book in the best-selling Left Behind series, in which Jesus returns in apocalyptic judgment...

Author: /time Magazine | Title: Religion: Why Did Jesus Die? | 4/12/2004 | See Source »

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