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...number of global crises, like climate change, where cooperation with China is vital. This appears to be part of the Administration's strategy to emphasize rights where it can make real progress, and not just for rhetoric. But in the past, activists say, they expected new Presidents to talk tough on rights first and then, if necessary, throttle back. Obama, they complain, has sold out on the opening gambit...

Author: /time Magazine | Title: A New Direction | 5/25/2009 | See Source »

...worsening revenue picture for the Iraqi government apparently stirred talk among leadership in Baghdad of allowing the export of oil from Kurdish northern Iraq. Kurdistan, as the semi-autonomous region is known, has long sought to export its significant oil reserves. But the central government in Baghdad has always objected to any such move, insisting that Baghdad control the country's oil exports and its revenues. The dispute has proven to be one of the most intractable impasses in Iraqi politics. Early reports of a possible deal buoyed hopes for a breakthrough, but so far no agreement has emerged...

Author: /time Magazine | Title: How the Economy Could Crush Iraq's Hopes | 5/23/2009 | See Source »

...government has not repealed draconian media laws nor introduced a new media-governing board as promised. Says Makombe: "The much talked-about 100 days have gone by, and it is still no show. All [politicians] talk about is the economy and why so-and-so has not released funds, yet they have other major issues to address...

Author: /time Magazine | Title: Zimbabwe in Transition: A 100-Day Report Card | 5/23/2009 | See Source »

...consider the policies that are influenced by the notion that our economy needs to be "competitive" when stacked up against other countries'. "If you talk about competitiveness you tend to fall into a football way of thinking," says Deirdre McCloskey, a professor of economics and English at the University of Illinois at Chicago who has studied the use of rhetoric in economics. The goal of competition is winning. If we want to win, then maybe we need to start helping industries that haven't done a very good job of competing on their own. Automobiles, anyone...

Author: /time Magazine | Title: 'Green Shoots': The Trouble with Economic Metaphors | 5/22/2009 | See Source »

...aimed at getting Iran first to suspend uranium enrichment and then to agree to forgo the right to enrichment on its own soil, instead importing the fuel for its nuclear-energy program, in exchange for a package of political, economic and diplomatic incentives. Even if the U.S. agrees to talk while Iran's centrifuges are spinning, what's less clear is whether Washington and its allies will eventually settle for less than Iran forgoing enrichment altogether, and accept some level of low-grade enrichment being conducted under an expanded inspection regime...

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

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