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...goes as planned. But a strong yuan may stoke inflation in the U.S., as importers raise prices to protect their profits. There's also a risk that as China bolsters the yuan it will reduce its dollar purchases, which means buying fewer Treasury bonds. That could push long-term interest rates higher in the U.S. and slow the housing market and the economy. But most believe that China, which took forever to go this far, will move slowly enough to avoid these traps. --Daniel Kadlec

Author: /time Magazine | Title: China's Currency | 7/26/2005 | See Source »

...wanted reconciliation, but his eulogists struck a different note. With a sentimental tip of the hat to the fallen leader, many Northern journalists, preachers and politicians actually tried to use Lincoln's death to stoke the fires of vengeance. "If the rebels can do a deed like this to the kind, good, generous, tender-hearted ruler, whose every thought was purity," exclaimed Benjamin Butler, a general in the war, to a crowd in New York City, "whose every desire a yearning for forgiveness and peace, what shall be done to them in high places who guided the assassin's knife...

Author: /time Magazine | Title: The True Lincoln | 6/26/2005 | See Source »

...personally responsible for running down Zimbabwe's once thriving economy. It's time to take a hard line against exploitative politicians and crooked leaders. Mbeki must do so now. That is the moral responsibility that power bestows upon him: advocacy for the weak, frail and oppressed. Tafadzwa G. Gidi Stoke-on-Trent, England The Pope's Passing Your articles on Pope John Paul II painted a picture that was marvelously balanced [April 11]. An itinerant evangelist, hardheaded when it came to moral issues, John Paul II was a legend who gave a new face to old age and humbly accepted...

Author: /time Magazine | Title: Letters | 5/3/2005 | See Source »

...vengeance shall be mine." Just before his death, Fu mourns that he has no son to kill Ronald. But, in a good full-throated reading, Wong vows: "Father, father, I will be your son. I will be your son!" The audience then has the fun of watching her stoke Ronald's ardor while plotting his death. When she is with him, pleading and salesmanship radiate from her big eyes. But when an ally asks her why she keeps encouraging the lad, she sneers and says, "I am giving him a beautiful illusion. Which I shall crush...

Author: /time Magazine | Title: That Old Feeling: Anna May Win | 2/3/2005 | See Source »

TREVOR WILLIAMS, chief economist at Lloyds TSB, warning that Britain's second-quarter GDP growth of 3.7% year-on-year, its fastest in almost four years, could stoke inflation

Author: /time Magazine | Title: Bizwatch | 8/29/2004 | See Source »

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