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...Within the U.S., the imbalance is mainly seen as the product of protectionist policies by China, in particular China's refusal to let its currency, the yuan, appreciate against the dollar. There's certainly something to this - it's now universally agreed just about everywhere but China that a freely floating yuan would be worth significantly more than the 15 cents it currently goes for. By keeping its currency's value artificially low, China makes its products cheaper in the U.S., thus encouraging imbalanced trade. (See a story about China's consumers and the world economy...

Author: /time Magazine | Title: U.S.-China Trade: Prepare for Continued Imbalance | 11/17/2009 | See Source »

Both Ebrahim and Kim agreed with Flores that the race is less charged within the Council than last year’s, which Ebrahim said makes the exact pulse of UC reps’ support “difficult to sense...

Author: By Melody Y. Hu, CRIMSON STAFF WRITER | Title: UC Divided on Election | 11/16/2009 | See Source »

...birds, though you note that most bird strikes don't cause serious damage. How concerned should the flying public be? Pick your worries in life. They will continue to happen, but it's very rare. This U.S. Airways flight swallowed a lot of geese. It's just not within our technological ability to design engines that can handle that...

Author: /time Magazine | Title: Reconsidering the Miracle on the Hudson | 11/16/2009 | See Source »

...Within hours of the heist's making the news, envious Frenchmen were Twittering about the feat and praising Musulin on blogs on the Internet. So far, more than a hundred Musulin Facebook fan groups have been created with names ranging from "Run Tony Musulin Run" to "Tony Musulin for President." The domain name tonymusulin.fr was also promptly bought by a Web designer, who is now peddling Musulin T-shirts featuring his mug shot under palm trees and alongside catchphrases like "I'm your girl, Tony" and bumper stickers reading "Tony Musulin: Without Hate or Violence." (See pictures of an urban...

Author: /time Magazine | Title: How a Bank Robber Became an Antihero in France | 11/16/2009 | See Source »

...That is not just an idle threat. Switzerland's unique brand of grass-roots democracy permits its citizens to challenge a legislative decision through a referendum if 50,000 signatures are collected within three months. Given that an April opinion poll by M.I.S. Trend, a market-research institute, found that 75% of Swiss voters are in favor of the existing liberal legislation, the assisted-suicide law may be a hard one to kill...

Author: /time Magazine | Title: Swiss Government Tries to Stop 'Suicide Tourists' | 11/16/2009 | See Source »

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