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...question of whether some assets are too important to allow China to buy puts the interests of Congress against the interests of shareholders. PetroChina is paying a 24% premium to buy its new stake in Singapore Petroleum. If a Chinese firm offered a similar premium to buy a US-based energy or refining operation, would Congress block the deal? If the 3Com transaction is any indication, potential shareholder profits would be trumped by a government decision that it does not want China to have control of assets that are part of the fabric of American economic and business interests...

Author: /time Magazine | Title: As PetroChina Buys Into Singapore Pet, Issues About Strategic Interests Rise | 5/25/2009 | See Source »

...high schools eligible to apply for conditional permanent residency if they plan to attend a college or university or if they plan to enter the military. Students can then go on to apply for citizenship once they earn a college degree or serve for two years in the military. Similar legislation had been repeatedly proposed in both the Senate and the House since 2001, though it has never been brought to a floor vote as a stand-alone bill. When the most recent legislation was first introduced in March, several students in the College?...

Author: By Athena Y. Jiang and June Q. Wu, CRIMSON STAFF WRITERSS | Title: Faust Voices Support for DREAM Act | 5/22/2009 | See Source »

...Rosenau, however, says there are parallels with some other plotters - particularly the group nabbed in Los Angeles in 2005 for planning attacks on Army recruitment centers and synagogues. There are similarities, too, with the 2007 Fort Dix terrorism plot. "These were mostly U.S. citizens who had turned into terrorists," he says. "And some of their targets were similar...

Author: /time Magazine | Title: Newburgh 4: 'These Guys Picked the Wrong Town' | 5/22/2009 | See Source »

...destroyed millions of innocent people," saying that 400 such monuments were taken down last year. A recent decision to remove a statue paying tribute to the Red Army in Lviv in western Ukraine brought harsh criticism from the Russian government, reminiscent of the outcry when Estonian authorities had a similar statue dismantled and relocated in Tallinn in 2007. "We have a shared history, but our views of it are very different," says Stanislav Kulchytsky, deputy director of the Institute of Ukrainian History in Kiev...

Author: /time Magazine | Title: Russia and Ukraine Battle Over Their Shared History | 5/22/2009 | See Source »

...pressure they've come under from free papers has led dailies to consider similar practices as they seek to react to falling ad revenues and the threat from the Internet," says Jean-Clément Texier, a media expert and founder of the Compagnie financière de communication consulting group in Paris. "Of course, readers initially react by saying it's a terrible move that breaks French tradition and deprives them of their paper. But since a huge portion of French dailies come in the morning mail - which doesn't operate on holidays - will anyone really miss getting those...

Author: /time Magazine | Title: French Newspapers Cutting Back on Holidays | 5/21/2009 | See Source »

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