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...Taipei has helped eased some of the fear of armed conflict. But the region still has the potential to be a flash point. Taiwan says China has some 1,500 missiles stationed along the Taiwan Strait. And a decision by U.S. President Obama in January to approve the sale of more than $6 billion in military equipment to Taiwan has angered the Chinese government, which has postponed some military exchanges with the U.S. in protest...

Author: /time Magazine | Title: Why Is China Slowing its Military Spending? | 3/8/2010 | See Source »

...thoughts of today's troubled housing market conjure up images of lonely tumbleweeds blowing across streets of empty condos and "For Sale" signs, a couple of financial wizards have come up with a program they believe could breathe new life and buyer confidence into the decimated sector. It's called Sirius Value Protection - and works like a 'put option,' where buyers of new homes get the right to exercise a put that would require Sirius buy back the home at the original price after an eight-year period...

Author: /time Magazine | Title: A Guarantee Against Losing Cash on Homes? | 3/4/2010 | See Source »

...That goes for military deals. On Monday, Sarkozy confirmed that France was negotiating with Russia over the sale of four Mistral-class assault ships worth a total of about $2 billion - the first deal of its kind between a NATO member and Moscow. It's turning heads for other reasons too. A Russian admiral recently said the amphibious vessels - which can carry 15 helicopters or 70 armored vehicles - would have allowed Russia to complete its August 2008 invasion of Georgia in a matter of hours. Little wonder, then, that the deal has prompted deep concern among American defense officials...

Author: /time Magazine | Title: Why France Is Selling Warships to Russia | 3/3/2010 | See Source »

...focus on common threats to security. "How are we to say to Russian leaders, 'We need you for peace, like on Iran,' but then say, 'We don't trust you'? That would be totally inconsistent," Sarkozy tartly said on Monday night, when he was questioned by reporters on the sale. "We want to turn the page on the Cold War." (See pictures of Russia celebrating Victory...

Author: /time Magazine | Title: Why France Is Selling Warships to Russia | 3/3/2010 | See Source »

Quick Flix, the DVD rental place on Bow Street, is going out of business. Any grief I may have felt for this Harvard Square institution was assuaged by their clearance sale, where all DVDs were sold for five dollars. By the time I got to the store, most of the high-end Criterion Collection DVDs had been snatched, and the quality offerings of the drama, action and comedy sections had been picked over pretty thoroughly. Yet one wall (or, more accurately, one corner), had been left more or less untouched: the documentary section...

Author: By Abigail B. Lind, CRIMSON STAFF WRITER | Title: Quick Flix's Documentaries Reveal Inconvenient Truths | 3/2/2010 | See Source »

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