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...remain nervous about the negative effect that could have on its struggling export sector. China "is like watching a duck swim," says Giles Chance, author of the recently published book China and the Credit Crisis. "On the surface it seems fine, but underneath it's quite chaotic." (Read "How Wall Street's Bust Threatens Dubai's Boom...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

...suppliers. Speculators fled, and thousands of expatriates and locals who had bought into the dream were left owning unfinished condos or houses they could not sell. Residential real estate prices have fallen by almost half in the past year, the deepest decline anywhere in the world. (Read: "How Wall Street's Bust Threatens Dubai's Boom...

Author: /time Magazine | Title: Will Dubai's Financial Problems Spread? | 11/27/2009 | See Source »

...weeks ago, Senate Banking Committee chairman Chris Dodd unveiled an ambitious, far-reaching plan to reform regulation of America's financial system and quickly found himself facing a brick wall of opposition erected by Republicans, regulators and financial-industry bigwigs. Now he's trying to work with Republicans to get the thing moving again. (Read "Financial Regulation: Way Easier Than Health Care...

Author: /time Magazine | Title: Senator Dodd's Bipartisan Push on Financial Reform | 11/27/2009 | See Source »

...head of Germany's armed forces since 2002, and long-serving state secretary Peter Wichert, a senior official at Germany's defense department, had taken responsibility for the breakdown in communications and resigned. Jung initially defended his actions but resigned Friday. (See pictures of the history of the Berlin Wall...

Author: /time Magazine | Title: Germany's Doubts About Afghanistan Grow After Revelations About Air Strike | 11/27/2009 | See Source »

...Gough Street) is an ideal fix. Showcasing up-and-coming designers from around the world, it purveys the kind of quirky creations you never knew you wanted, or needed, until it was too late. Look out for things like hand-knitted "creature" toys, ceramic-pigeon lamps or plaster-cast wall hooks fashioned in the shape of disarmingly expressive hands...

Author: /time Magazine | Title: 10 Reasons to Visit Hong Kong's NoHo | 11/26/2009 | See Source »

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