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...landmark decision on climate change and energy, President Barack Obama will announce tough new vehicle gas-mileage standards on Tuesday, the first ever national limits on greenhouse-gas emissions...

Author: /time Magazine | Title: Obama to Tighten Fuel-Economy Standards | 5/19/2009 | See Source »

...that office, from 1996 to 1999, ended badly. He was lampooned as a brash know-it-all, arrogant and at the mercy of a wife who allegedly pelted the hired help with shoes. But Israelis were willing to forgive the ex-commando because Bibi, as he is known, was tough on security. That he remains, in particular when it comes to Iran. Aluf Benn, diplomatic correspondent for the daily Ha'aretz, says Netanyahu's "actions are shaped by a profound conviction that Israel will be in danger of extermination if Iran has nuclear weapons at its disposal...

Author: /time Magazine | Title: Israel's Netanyahu: Taking a Turn Toward Pragmatism? | 5/18/2009 | See Source »

Downshifting on consumption is tough, when the intuitive way most people think about cutting back is to trim daily cash expenditures--especially the petty indulgences--on the fly. There's a danger, though, in forcing yourself to save $4 a day by passing up Starbucks every morning. "If you feel like you're acting poorer, you may not last," says Mackey McNeill, a CPA and personal-financial specialist in Covington, Ky. "It's like bingeing on a diet--you feel so deprived, you go shopping, and the next thing you know, you've got $1,000 on your credit card...

Author: /time Magazine | Title: Here's the Best Way to Save Even More | 5/18/2009 | See Source »

...Tough and in a Huff...

Author: /time Magazine | Title: Inbox | 5/18/2009 | See Source »

...expect the rally will fizzle soon because the global economy remains in the deepest recession in decades. "It's difficult for India to live in splendid isolation while the rest of the world suffers serious economic damage," says Sanjoy Bhattacharya, a partner at Fortuna Capital, an offshore hedge fund. Tough challenges remain for India's economy, too, notes Sharma. "Just because there's been a good weekend doesn't mean you can forget all our problems of fiscal deficit and lack of infrastructure growth," he says...

Author: /time Magazine | Title: After Elections, India Stocks Soar 17% | 5/18/2009 | See Source »

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