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...consumption that generates growth, threatening to put the brakes on Asia's unusually fast and relatively untroubled expansion. Glenn Maguire, chief Asia-Pacific economist for Société Générale in Hong Kong, estimates that GDP growth in East Asia (excluding China and Japan) could sink from about 6.5% this year to 5% in 2009, the slowest rate since 2001. Inflation, Maguire says, "is the largest risk to Asian growth since the financial crisis...

Author: /time Magazine | Title: Tiger Trap | 7/10/2008 | See Source »

...size of the beast - clearly longer than his 5.5-m. (18-ft.) boat - he identified it as a great white shark, the world's largest predatory fish. He may or may not have known that it is rare, but not unheard of, for white pointers to attack and even sink boats as long as 10 m. (33 ft.). Whatever the case, he didn't muck about: in a state somewhere between agitation and terror, he cut the net loose and the shark with it, then watched as it swam away...

Author: /time Magazine | Title: Attack of the Freshwater Shark? | 7/10/2008 | See Source »

...Sometimes, with The Waterfalls, Eliasson even leads us to it. And sometimes the beholder wants something more. The Waterfalls will be up all summer. Maybe they just need time to sink...

Author: /time Magazine | Title: Don't Go Chasing Waterfalls | 6/30/2008 | See Source »

...other argument against Wanted is that the plot not only strains credulity, it breaks through the strainer and plops like pulp in the kitchen sink. Note to critics: Not every work of popular art needs the mathematical precision of a Mozart sonata. It's true that the movie is studded with the sort of schemes a genius madman hatches in his basement. (One plan involves peanut butter, tiny bomb jackets and the use of rats as suicide bombers.) But if you have trouble accepting, even as a fantasy premise, that "A thousand years ago, a clan of weavers formed...

Author: /time Magazine | Title: Holy Jolie! Wanted Delivers | 6/27/2008 | See Source »

...held most of the cards in negotiations with the Dalai Lama, has gained an even stronger hand, the go-between says. He points out that the Dalai Lama has made enormous efforts to comply with Beijing's demands in an attempt to ensure that there is no excuse to sink the talks. In early June, for example, the Dalai Lama pointedly reaffirmed his conciliatory stance on issues the Chinese consider critical if the talks are to succeed. According to reports in the Beijing-leaning South China Morning Post, Chinese officials have received a document containing the Dalai Lama's statement...

Author: /time Magazine | Title: Beijing: A Harder Line on Tibet? | 6/10/2008 | See Source »

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