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...sent a little thrill up the leg of all the American trade unions that worked so hard to get Barack Obama elected. The Treasury Secretary-designate - whose appointment, despite his embarrassing tax travails, was waved through to the full Senate yesterday by the Finance Committee - declared in a written statement to the committee that China was guilty of "manipulating" its currency for trade advantage...

Author: /time Magazine | Title: Behind Geithner's China-Currency Charge | 1/23/2009 | See Source »

...without Bush, the climate-change movement is having to re-mobilize - that warming exists is not quite the provocative statement it once was - and the gaps in the armor are showing. USCAP's recommendations have recently come under attack from a number of outside environmental groups, and the National Wildlife Federation even dropped out of the alliance rather than endorse the blueprint. The problem is that USCAP would allow industry to pay for offsets of around 2 billion metric tons of CO2 a year, to ensure that business has plenty of time to make the transition to a low-carbon...

Author: /time Magazine | Title: Raising the Bar on Fighting Climate Change | 1/23/2009 | See Source »

...family-planning groups from receiving U.S. funds if they provided abortions or even lobbied for abortion rights in their country. It is an action his abortion-rights supporters have waited eight years for and one they had encouraged him to waste no time taking. But by first issuing a statement urging support for common-ground efforts to reduce abortion rates and then waiting to sign the Executive Order late on a Friday afternoon - a time traditionally reserved for the release of information an Administration would like to bury - Obama sent a clear signal that he wants to turn down...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

...Bush's statement is one being echoed by supporters of the policy today. But in fact, since 1973, federal law has banned the use of U.S. taxpayer funds for abortions in other countries. What the Mexico City policy did was take that prohibition several steps further. Under the policy, NGOs that applied for family-planning funds from the U.S. Agency on International Development (USAID) had to refrain from using any of their own funds to provide abortion (with exceptions for cases of rape or incest or to save the life of the mother). The organizations also were not eligible...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

...political theater by waiting to issue his repeal of the policy until the annual face-off between pro-life and pro-choice advocates on Jan. 22 was over and by doing it out of sight of the cameras. He observed the anniversary of Roe v. Wade by issuing a statement reaffirming his support for a woman's right to choose but also appealing - as he did throughout the presidential campaign - for common-ground approaches to abortion policy: "We are united in our determination to prevent unintended pregnancies, reduce the need for abortion, and support women and families in the choices...

Author: /time Magazine | Title: Shhh. Obama Repeals the Abortion Gag Rule, Very Quietly | 1/23/2009 | See Source »

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