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...without causing broader economic damage. Real estate is a key - an industry in China that has deep political ties, particularly at the local and provincial level. For several years now, a lot of people have been saying that property is a bubble; that a crackdown is coming; and that widespread economic pain would ensue when it did. It it hasn't' happened yet, but if it does, you'll know it. In the first part of the '90s, when China slowed sharply, few people in the outside world cared much. That is not true now. A hard landing this time...

Author: /time Magazine | Title: Is China's Economy Overheating? | 4/19/2007 | See Source »

...supporters seem to be the most dedicated; more than four out of five said they would volunteer for his campaign, compared to 48 percent of Giuliani’s supporters and 38 percent of McCain’s. The survey, in its twelfth year, reflects Obama’s widespread popularity on campuses, IOP Polling Director John Della Volpe said. According to Della Volpe, Obama prevails among college students because he is “more in line with young people about the global community”—referring to young pollees’ confidence that...

Author: By Brenda C. Maldonado, CRIMSON STAFF WRITER | Title: Giuliani, Obama Top IOP Youth Poll | 4/18/2007 | See Source »

...This kind of nationalistic response can have an opposite effect as well - when the roles are reversed. In 2002, when two U.S soldiers accidentally ran over two schoolgirls with a tank north of Seoul, anti-American sentiment was widespread in Korea. Some restaurants even hung signboards reading "No Americans" rather than "No Soldiers Allowed." For weeks, thousands of Koreans staged protests against American soldiers, while some Korean media even suggested that the girl's deaths could have been deliberate...

Author: /time Magazine | Title: South Korea's Collective Guilt | 4/18/2007 | See Source »

...confronted with fiery inter-faith conflict, particularly with Islam. A trip next month to Brazil, the first ocean crossing and first time among the fervent flock of the Third World, will further test both the pastoral and political aspects of his job, as Latin America continues to deal with widespread poverty and the continent's Catholics increasingly lose ground to Evangelical movements. Still the Pope has managed to keep up his writings, including the conclusion of a book he began in 2003 on the life of Jesus, which comes out Monday in Italian and German, and next month in English...

Author: /time Magazine | Title: A Step Backward for Pope Benedict? | 4/13/2007 | See Source »

...coming weeks, the Pope is expected to release a document that would allow the more widespread practice of the traditional Latin Mass, which was all but shelved with the reforms of the Second Vatican Council of the 1960s. Vatican Secretary of State Tarcisio Bertone recently confirmed to Le Figaro newspaper that this motu proprio, or personal initiative of the Pontiff, will allow any priest to say the mass according to the old Tridentine rite (which is delivered in Latin with the priest facing the altar, his back to the congregation), rather than have to seek approval from the local bishop...

Author: /time Magazine | Title: A Step Backward for Pope Benedict? | 4/13/2007 | See Source »

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