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One obvious example, which will be front and center when U.S. President Barack Obama makes his first visit to China on Nov. 15, is the exchange rate of Beijing's currency, the renminbi (RMB). After allowing it to rise against the dollar by about 15% earlier this decade, China has...

Author: /time Magazine | Title: Could China's Economic Policies Trigger Another Crisis? | 11/3/2009 | See Source »

A Lost America I wholeheartedly agree with Michael Schuman's views in "American Lament" [Oct. 12]. America's influence, reach and power is waning, but on the other hand, we read President Obama's compelling speeches on the Internet, follow the Nasdaq index, and accept the U.S. dollar as a...

Author: /time Magazine | Title: Inbox | 11/2/2009 | See Source »

Every cold war has its proxies. In a swath of Himalayan mountains wedged between the northeast Indian state of Arunachal Pradesh and China, they can take the shape of things as mundane as the empty beer bottles and cigarette butts left behind by soldiers on patrol. Up in the mountains...

Author: /time Magazine | Title: China Vs. India: Will Rivalry Lead to War? | 11/2/2009 | See Source »

And who can blame him, really? When the Heenes went on Wife Swap (in which two families trade mothers, who agree to live by the other family's rules) in 2008, Richard was such a belligerent jerk that, naturally, the Heenes were invited back for the show's 100th episode...

Author: /time Magazine | Title: Balloon Boy's Lesson: The New American Dream | 11/2/2009 | See Source »

The money flowing to Hoffman's campaign from conservative interest groups has been used to paint Scozzafava as a leftist. True, Scozzafava supports abortion rights, gay marriage and the pro-union legislation known as Card Check. But she is endorsed by the National Rifle Association, she supported the Bush tax...

Author: /time Magazine | Title: A GOP Civil War in Upstate New York | 10/30/2009 | See Source »

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