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...Toyota, which is No. 2 in vehicle sales after General Motors Corp., plans to suspend temporarily its production of Tundra pickup trucks and the Sequoia sport utility vehicle, starting August 8. Suburban cowboys are dumping their trucks and SUVs in the face of higher gas prices, and Toyota is not immune. "They're facing the same structural problems as everybody else," said David Cole, chairman of the Center For Automotive Research in Ann Arbor. The names Tundra and Sequoia just scream "more...

Author: /time Magazine | Title: Toyota Cuts Back on Trucks | 7/11/2008 | See Source »

...avoid a sustained clash that could escalate into outright conflict. And Iran showed no new military capabilities with the tests. At the same time, diplomacy is deadlocked as Iran takes advantage of soaring oil prices to trump U.N sanctions, while the U.S. sticks to its insistence that Iran suspend its uranium enrichment program before Washington will hold negotiations. European efforts to end the impasse have so far served largely as a convenient stalling mechanism for the Iranians...

Author: /time Magazine | Title: More Theater Over Iran's Nukes | 7/9/2008 | See Source »

...When asked whether McCain supports Bush's pre-condition for talks with Iran - that it suspend uranium enrichment - the candidate's top foreign policy adviser, Randy Scheunemann, fudged. "McCain does not support unilateral concessions to Iran that would undermine multilateral diplomacy," Scheunemann said. McCain would drop the condition and talk to Iran, Scheunemann seems to be saying, as long as the allies agree. The allies, of course, are dying to be asked, so if McCain wins in November, look for talks with Iran early in his presidency. Likewise Obama, who says outright he'll drop the enrichment condition. In fact...

Author: /time Magazine | Title: More Theater Over Iran's Nukes | 7/9/2008 | See Source »

...Nothing is black or white When we began our series of interviews, I would often ask Mandela questions like this one: When you decided to suspend the armed struggle, was it because you realized you did not have the strength to overthrow the government or because you knew you could win over international opinion by choosing nonviolence? He would then give me a curious glance and say, "Why not both...

Author: /time Magazine | Title: Mandela: His 8 Lessons of Leadership | 7/9/2008 | See Source »

Republican leader Mitch McConnell had an amendment ready that would suspend the bill if it caused gasoline prices to rise by any amount. If that amendment ever went to a vote, it would force the bill's supporters to come out in favor of higher gas prices, and the Republican TV attack ads would produce themselves. No wonder moderate Dems wanted Reid to ditch the bill. At a meeting of Senate Democratic legislative directors, on Monday, June 2 - the day the Senate took up the bill - staffers were howling that Reid and Boxer were leading their bosses into the Valley...

Author: /time Magazine | Title: Why the Climate Bill Failed | 6/9/2008 | See Source »

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