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Chinese companies sometimes start out as carbon copies of successful overseas ventures. But replication doesn't happen overnight. Take Ctrip, the market leader for online travel reservations. The company, founded in 1999, initially hoped to be an instant Chinese version of Expedia but soon realized that rushing to provide the...

Author: /time Magazine | Title: Follow the Leaders | 3/8/2010 | See Source »

The government expects to close the $75 billion fiscal gap by cutting operating expenses 10%, freezing wages and halting new hires. The plan calls for the creation of a new independent statistical service, which should make it harder for officials to manipulate data. It also includes an improved tax-collection...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

The fight over "Don't ask, don't tell" made headlines this winter as an issue of justice and history and the social evolution of our military institutions. We've heard much less about another set of hearings in the House Armed Services Committee. Maybe that's because too many...

Author: /time Magazine | Title: Sexual Assaults on Female Soldiers: Don't Ask, Don't Tell | 3/8/2010 | See Source »

Experts offer many theories for the causes: that military culture is intrinsically violent and hypermasculine, that the military is slow to identify potential risks among raw young recruits, that too many commanders would rather look the other way than acknowledge a breakdown in their units, that it has simply not...

Author: /time Magazine | Title: Sexual Assaults on Female Soldiers: Don't Ask, Don't Tell | 3/8/2010 | See Source »

According to a report by the Defense Task Force on Sexual Assault in the Military Services, the progress made so far remains "evident, but uneven." The failure to provide a basic guarantee of safety to women, who now represent 15% of the armed forces, is not just a moral issue...

Author: /time Magazine | Title: Sexual Assaults on Female Soldiers: Don't Ask, Don't Tell | 3/8/2010 | See Source »

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