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...What needs to emerge from the summit in terms of a coordinated response to the crisis? I think we'll need to show some leadership. The wildcard factor in this economic slowdown is that no one's quite sure how Asia will come through. If it comes through better than people think, then the global slowdown will last for a shorter period than many expect. But there's a lot resting on China, its rescue package and generally on how resistant Asia turns...

Author: /time Magazine | Title: Trading Up | 11/20/2008 | See Source »

...solid global citizen with an independent foreign policy, but also perhaps as a nation content to play a very minor role in world affairs. Do you agree with that characterisation, and do you have a different vision for New Zealand's place in the world? I'm not sure I would totally agree with that. I think most New Zealanders would have seen Helen Clark's greatest strength, outside her ability to manage in our Mixed Member Proportional system, as being the role she played on the international stage. But there has to be the acknowledgment that, fundamentally...

Author: /time Magazine | Title: Trading Up | 11/20/2008 | See Source »

...this puny shield makes a wonderful propaganda weapon that turns Germany and others against the U.S. and the East Europeans. Remember that the rule is "Don't rile the Bear," and so whenever the Bear growls, he is sure to find a receptive audience west of Warsaw and Prague. You would have thought Russia's march through Georgia and its quasi-annexation of Abkhazia and South 
 Ossetia would have instilled a healthy sense of ursophobia in Berlin and points west. You might also think that Russian pressure tactics against the newer members of the E.U. and NATO would sharpen...

Author: /time Magazine | Title: The Russia Problem | 11/20/2008 | See Source »

...still more people reading blogs than writing them. Not so now, or so it seems. And even if most blogs are skippable, there are one or two or maybe two dozen worth checking out a couple of times--or maybe three or four times--a day just to be sure you're not missing anything. (See the Top 25 blogs...

Author: /time Magazine | Title: How Many Blogs Does the World Need? | 11/20/2008 | See Source »

...readers are suffering from information overload, imagine the new life of political writers. First, they have to be totally up to speed to make sure that some blogger or newspaper competitor hasn't already made the point or reported the factlet that they intend to write about. Second, they have to be fast, fast, fast to beat that other fellow to the punch. This has always been true in journalism and used to be considered part of the fun. But it's less fun when half the people in the world could now be that other fellow...

Author: /time Magazine | Title: How Many Blogs Does the World Need? | 11/20/2008 | See Source »

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