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The U.S. and China have proved that opposites do indeed attract - even economically speaking. China is thrifty to a fault; the U.S. (until recently, anyway) reveled in spending money it didn't have. China was more than happy to send America its excess savings, in the form of investments in...

Author: /time Magazine | Title: Should China and the U.S. Swap Stimulus Packages? | 3/5/2009 | See Source »

This was transpacific yin and yang, and it all worked fine - until it stopped working almost entirely, late last year. Now both economies are flailing while leaders try to mitigate the worst effects of a frightening global recession. And the odd thing is, the two countries' salvage efforts are pretty...

Author: /time Magazine | Title: Should China and the U.S. Swap Stimulus Packages? | 3/5/2009 | See Source »

That too would mark a change. Brazilian officials have long wanted to make a mark outside their neighborhood, but until recently, the world rarely noticed what went on there - unless it involved beaches, soccer or Carnaval. "Brazil always suffered externally because of its internal poverty," says Lula's foreign-policy...

Author: /time Magazine | Title: The One Country That Might Avoid Recession Is... | 3/5/2009 | See Source »

Indeed, it doesn't take a very long stroll around Paris before an observer will see cyclists like the older Rue de Rivoli bomber running red lights or racing through busy crosswalks in violation of codes. An astonishing number of bike riders also seem to think directional restrictions on one...

Author: /time Magazine | Title: Postcard from Paris: Cyclists Behaving Badly | 3/4/2009 | See Source »

Clinton did make two remarkable departures from the Bush Administration's Middle East policy. She urged Israel to open the border crossings to Gaza, the Palestinian coastal enclave, to allow in more humanitarian relief for the 1.5 million people there who are reeling under the impact of a 22-day...

Author: /time Magazine | Title: Clinton Schmoozes in Israel — at the Right Length | 3/4/2009 | See Source »

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