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While other automakers are closing plants in the U.S., Kia, which is controlled by South Korea's Hyundai Automotive Group, is preparing to open a brand-new assembly plant in West Point, Ga., southwest of Atlanta. The $1.2 billion, 2.2 million-sq.-ft. plant will begin producing Kia vehicles for the retail market next month. Up until now, Kia had imported 100% of its vehicles. (See the 50 worst cars of all time...

Author: /time Magazine | Title: Hyundai and Kia Find the Sweet Spot in U.S. Market | 10/13/2009 | See Source »

...reunited for 20 years now, and most people under 35 cannot even remember that Germany and Europe were once separated into two political blocs. The Iron Curtain and the Wall are long forgotten episodes that young people only know from history books. They do not distinguish between East and West, North and South. They think of the future, not the past. Rolf Reichert, Aschaffenburg, Germany...

Author: /time Magazine | Title: Inbox | 10/12/2009 | See Source »

Asia appears to be recovering from the global recession faster than the West. But the financial imbalances that triggered the worst economic crisis in memory could still put the brakes on the world's fastest-growing economies. So warns economist and Morgan Stanley Asia chairman Stephen Roach in his new book, The Next Asia, a collection of his essays and analysis from the past several years that foreshadowed the meltdown. The following is an exclusive excerpt from the book's introduction...

Author: /time Magazine | Title: The Evolution of Asia | 10/12/2009 | See Source »

...reunited for 20 years now, and most people under 35 cannot even remember that Germany and Europe were once separated into two political blocs. The Iron Curtain and the Wall are long forgotten episodes that young people only know from history books. They do not distinguish between East and West, North and South. They think of the future, not the past. Likewise most of the elderly are very happy with the new Germany after the end of the Cold War. Rolf Reichert, ASCHAFFENBURG, GERMANY...

Author: /time Magazine | Title: Germany United | 10/12/2009 | See Source »

...like many West Wing staffers on Friday, Deputy White House Spokesman Bill Burton had been awoken by a phone call, in this case from an ABC News correspondent, Yunji De Nies, who told Burton that President Obama had just won the 2009 Nobel Peace Prize. "That is good," quipped Burton...

Author: /time Magazine | Title: Obama's Surprising Nobel Wake-Up Call | 10/10/2009 | See Source »

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