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...west had proposed buying a minority stake in Rio Tinto, would the Australian review process have taken as long? Or it would it have been waived through much more quickly - before commodity prices recovered? Now, far from gaining access to a giant iron ore reserves, Chinalco has to watch the two biggest producers in the world - BHP and Rio - do a joint venture with their reserves in the famed Pilbara region of western Australia. It's no wonder that the executive director of China's iron and steel institute was warning about a possible "monopoly...

Author: /time Magazine | Title: Another Deal Blown, Where Will China Invest Now? | 6/7/2009 | See Source »

...either a repellent caricature deserving contempt or a crippled thing cadging for our sympathy. To director Sam Mendes, they're nothing but point-provers, put on display to show the deviant behavior our two winsome leads, or any sentient member of the audience, would instantly reject. (Watch TIME's Video: 10 Questions for John Krasinski...

Author: /time Magazine | Title: Away We Go: We're OK, You're All Idiots | 6/6/2009 | See Source »

...crossroads, DubSpot's enrollment has doubled this year, to around 250. "We've heard from students, time and time again, that they're feeling it's no longer just about money," says Dan Giove, founder and president of DubSpot. "People are longing for happiness through being creative." (Watch TIME's video "Hip-Hop in China: Busting Rhymes in Mandarin...

Author: /time Magazine | Title: Why Deejay Schools Are Thriving in a Recession | 6/6/2009 | See Source »

...less. Commerce Department figures from earlier this week show that people are now saving 5.7% of their disposable income, the highest rate in 14 years. In an April survey of senior bank-loan officers, the Fed found that demand for loans from households was down in almost every category. (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

...Watch a video about an optimistic Dodge dealer...

Author: /time Magazine | Title: Consumer Borrowing Is Down, But For How Long? | 6/6/2009 | See Source »

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