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...worse. Policymakers and business leaders have been looking more and more to a partnership between China and the U.S to solve the world's most intractable problems, from reform of the global financial system to climate change to nuclear proliferation. Most pressing, cooperation between Washington and Beijing is seen as absolutely crucial to nurturing the budding recovery of the global economy. The two sides need to alleviate the giant economic imbalances - excessive debt and deficits in the U.S. paired with excessive savings in China - to restore the world economy to a more sustainable growth path...

Author: /time Magazine | Title: Why the China-U.S. Trade Dispute Is Heating Up | 9/14/2009 | See Source »

...sentiment at home. With unemployment in the U.S. still increasing, the Obama Administration is under pressure to take more action to preserve and create American jobs. Beijing's leadership, though not elected, can also be surprisingly reactive to public opinion, and the days following Washington's tariff announcement have seen an outpouring of criticism of the U.S. decision in the Chinese press and on the blogosphere. "Americans are shameless," noted an Internet commentator. "They always blame others for their own problems." Critics accused the U.S. of sacrificing its relationship with China to domestic politics, and calls for retaliation were widespread...

Author: /time Magazine | Title: Why the China-U.S. Trade Dispute Is Heating Up | 9/14/2009 | See Source »

...pharmacology doctoral student from Placerville, Calif. was last seen entering the university lab at around 10 a.m. on Tuesday. Roughly three hours later, an unexpected fire alarm sounded, and the building was quickly evacuated...

Author: By June Q. Wu | Title: UPDATE Body Found -- Search for Missing Yale Grad Student Continues | 9/13/2009 | See Source »

...inquiries, a coroner's inquest was finally held into the death of Peters. Sydney magistrate Dorelle Pinch heard evidence from numerous witnesses who had been in Balibo at the time and from Gough Whitlam, who was the Australian Prime Minister in 1975. Timorese witnesses testified that they had seen the men deliberately shot as they hid in a house in the village. One of them was stabbed after he was forced out of a room where he had been hiding. Their bodies were later "burned to a crisp." Pinch found that Peters died from "wounds sustained when he was shot...

Author: /time Magazine | Title: Aussie War-Crimes Probe over Five Slain Journalists | 9/13/2009 | See Source »

...film presents a brutally frank depiction of the fate of the journalists. Says Cunningham: "Without being cynical, I think it's a nice coincidence that the movie has just come out. There's been an incredible response to the movie. It's shockingly confronting. I have people who have seen the movie coming out of it feeling so angry...

Author: /time Magazine | Title: Aussie War-Crimes Probe over Five Slain Journalists | 9/13/2009 | See Source »

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