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Similarly, Greece and Spain are pushing back against speculators who want to short the euro or use it in carry trades, further depressing the already soft currency. Just this week Spain's Finance Minister, Elena Salgado, flew to London to assure bondholders that her country remains solvent and unveil a proposal to cut Spain's budget deficit...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

...Chris Keating croons, “You’re stuck in my mind all the time,” and even sings, “With you I’d die today.” But do not be fooled into thinking Yeasayer have gone soft. They still find ways to work their fresh confidence into this more traditional type of song. “Love Me Girl” is hardly a passive request for female attention, and the title phrase is one of the more demanding ways to attempt to save a failing relationship. Though these...

Author: By Victoria J. Benjamin, CONTRIBUTING WRITER | Title: Yeasayer | 2/9/2010 | See Source »

Even before jan. 12, 2010, life was pretty good for Robin Li. The soft-spoken 41-year-old is the co-founder and chief executive of Baidu.com, the dominant search engine in China, the country with the most Internet users in the world. His stake in the company - started in 1999, five years after getting his M.S. from SUNY Buffalo in 1994 - is worth about $2.8 billion now. That makes him the seventh richest man in China, according to the annual rankings in Forbes magazine. Though he's been a computer geek since his undergraduate days at Peking University...

Author: /time Magazine | Title: Searching Questions: Internet Searches in China | 2/8/2010 | See Source »

...trite, but it is a revolutionary demand in countries such as Iran and China where it threatens the regimes' hold on power. That's the reason that one third of the world that has any access to internet sees a version censored by their governments. Declaring a kind of soft war on this new information curtain being drawn across the "new iconic infrastructure of our age", the U.S. is now committing itself to actively undermining censorship. In China, that means going up against some 50,000 government employees and the '50 Cent Party' - the many thousands of youths alleged...

Author: /time Magazine | Title: U.S. Girds for a Fight for Internet Freedom | 2/6/2010 | See Source »

...though everyone talks about bringing soft power and a civilian surge to Afghanistan, in reality there are very few civilians to surge with. From the moment Gates put McChrystal in charge of the war, the military usurped control of the Afghanistan debate; ambassador Richard Holbrooke, who reports to Clinton as her special envoy to the region, was relegated to the sidelines...

Author: /time Magazine | Title: What Is Robert Gates Really Fighting For? | 2/3/2010 | See Source »

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