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...some extent, this is the inevitable cooling down of an overly intense relationship. But in economics as in love, breaking up is hard to do. Bremmer recently co-authored the book The Fat Tail, which details the political risks facing the global economy. (Major, unlikely events that are difficult to fit into statistical models are known as fat tails.) He counts the U.S. relationship with China among the fattest of fat tails. American corporations may come to see China as a rival - meaning they'll be less likely to fight congressional crackdowns on trade. The U.S. investment banks that have...

Author: /time Magazine | Title: The End of the Big Business-China Love Affair | 6/8/2009 | See Source »

...very end of every school year, on a big campus, it's like 10,000 evictions are happening at the same time," says Jeff Ferrell, a sociology professor at Texas Christian University and the author of Empire of Scrounge, a book on Dumpster diving. "What do you do with all that perfectly reusable stuff that gets tossed?" The answer, increasingly, is to start a collection program like TCU's Trash to Treasure...

Author: /time Magazine | Title: Dumpster Diving: Colleges Get Smart on Salvage | 6/7/2009 | See Source »

...student battling for life in hospital and three other party goers who rushed to assist him also injured by the interlopers. On the same weekend about 700km to the north-east in Sydney, Australia's largest city, Indian hospitality graduate Rajesh Kumar was at his home reading a book when he was hit by a petrol bomb. The bomb caused burns to 30% of his body and left him in hospital in a critical condition...

Author: /time Magazine | Title: Racial Attacks Trouble Indian Students in Australia | 6/6/2009 | See Source »

...Looking back over your resumé, with films like City of Angels, which was a remake of Wim Wenders' epic Wings of Desire, and Lemony Snicket's A Series of Unfortunate Events, based on the popular book series, you seem confident in taking popular material and reworking it. The only movies I've made that have had that kind of source material are the ones that motivated me to get off my ass and make them, because I thought there was yet another interesting point of view to the material. I think my friend Elvis Mitchell put it really well...

Author: /time Magazine | Title: Brad Silberling: Behind the Scenes of Land of the Lost | 6/5/2009 | See Source »

...While in Dresden, Obama took time to visit Frauenkirche Dresden, a church that was destroyed during the firebombing and recently rebuilt. During a tour of the church, Obama lit a candle and signed a book at a memorial to the firebombing. He stood a moment before the church's old tower cross that was retrieved from the rubble of the church in 1993, 48 years after the building was destroyed. The rebuilt church has a new tower cross, which was paid for by the people of Great Britain and crafted by the son of one of the British pilots...

Author: /time Magazine | Title: Obama in Dresden: the Non-Controversy Controversy | 6/5/2009 | See Source »

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