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Not everyone welcomes the rules. It is unclear if other Chinese provinces will adhere to the regulations and grow different teas under new names. The new standards, for example, shut out tea producers in neighboring Guangdong province, who claim that the tea they process is as authentic - perhaps even more...

Author: /time Magazine | Title: Puer Tea: China's Next Hot Commodity? | 8/25/2009 | See Source »

But don't hoard your money under the mattress just yet. After all, the $9 trillion figure is just an estimate, and who knows what the economy will look like in 10 years. With any luck we won't be in a recession anymore, so revenue will be up and...

Author: /time Magazine | Title: The U.S. Deficit | 8/25/2009 | See Source »

The program's defenders, most notably former Vice President Dick Cheney, have long claimed that "high-value detainees" like al-Qaeda operatives Khalid Sheikh Mohammed, Abd al-Rahim al-Nashiri and Abu Zubaydah, initially resistant to interrogation, broke down under the coercive techniques and gave up crucial tips. The information...

Author: /time Magazine | Title: Did the Harsh Interrogation Methods Actually Work? | 8/25/2009 | See Source »

For that reason, Williams believes those lenders need to step up and do more to help struggling local homeowners revise their loans and hang on to their houses - and he wants to give his frustrations some legal teeth. Williams has proposed a city ordinance that could penalize banks that fail...

Author: /time Magazine | Title: How One City May Punish Banks for Foreclosures | 8/25/2009 | See Source »

So when the financial markets melted down in 2008, the mild-mannered, consensus-minded, professorial ex-professor vowed to avoid the errors of omission the sluggish Fed had made in the 1930s and do everything possible to prevent the crisis from becoming a calamity. He blasted a fire hose full...

Author: /time Magazine | Title: Why Obama Reappointed Bernanke to the Fed | 8/25/2009 | See Source »

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