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...easy to see how they could be at odds on a host of other issues. Indeed, even as Rudd talks about the inevitable dawn of an Asia-Pacific century with China at its helm, he is careful not to describe the new era as a zero-sum game in which U.S. power is bound to wane. "America has a great history of reinventing itself," he says. "I'm an unapologetic supporter of the United States ... because America is an overwhelming force of good for the world." In an early sign of goodwill, in April Rudd announced that Australia would send...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

...stands by its number: 7,000 civilian casualties. Seven thousand? No way. In the eastern province, zero casualties. I won't say there are zero casualties in the north. The LTTE shot some of them when they tried to escape...

Author: /time Magazine | Title: The Man Who Tamed the Tamil Tigers | 7/13/2009 | See Source »

...wanted to see Ground Zero,” she said. They wanted to see where it happened. I hadn't even thought of that as a sight-seeing option. She asked, “Were you here...

Author: By Emily C. Graff | Title: A Girl's Guide to Subway Etiquette | 7/1/2009 | See Source »

Fueled by Coke Zero and a double-chocolate protein bar, Vice President Joe Biden is roiling, ranting, being his usual self. Five mayors and county executives listen in silence on the other end of a White House speakerphone as the Delaware ear bender tries to ride herd on the stampede for dollars known as the American Recovery and Reinvestment Act, the $787 billion monster that is the largest domestic-spending effort in U.S. history. "My rear end is on the line just like yours," Biden barks, surrounded by a flock of aides in his West Wing office...

Author: /time Magazine | Title: What Happened to the Stimulus? | 7/1/2009 | See Source »

...Kanno stressed that to avoid a double-dip recession, it's critical that the government gets the timing right when it begins to reverse loose fiscal and monetary policies as the economy improves. For example, raising interest rates - now effectively zero - too quickly could nip a recovery in the bud. "We need to be careful about the response of the market and the economy to the expected government's and central bank's exit policy," says Kanno. "Normalization policy may trigger the next downturn...

Author: /time Magazine | Title: Japan's Economic Green Shoots Could Wither Fast | 7/1/2009 | See Source »

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