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Now GM's recovery will rest on its ability to hold on to customers or win over new ones. That's no small task, as GM has been forced to skimp on cash for engineering during its yearlong financial crisis. Even so, GM is off to a good start with...

Author: /time Magazine | Title: Can GM's New Models Woo Back Buyers? | 7/15/2009 | See Source »

The country’s rapid economic growth in the past decade has been fueled by a transition to the open market, and for the country to continue at this pace, it needs more open market reforms. The economy is still hampered by strict government regulation and distorted by enormous...

Author: By Ravi N. Mulani | Title: A Budget to Forget | 7/15/2009 | See Source »

For someone offering few substantive changes, the finance minister seemed awfully proud in his speech, congratulating his party on avoiding the worst of the financial crisis. Yet, smug as he might have been, the reality is grim: According to the World Bank, in 2005 456 million Indians still lived in...

Author: By Ravi N. Mulani | Title: A Budget to Forget | 7/15/2009 | See Source »

Iranian authorities claim that those executed were responsible for killing civilians and policemen in several different attacks, and made no specific link between their crimes and the current postelection political crisis. But because Iran sees Jundallah as having U.S. backing, the timing of the execution reinforces Tehran's narrative that...

Author: /time Magazine | Title: Iran's Campaign Against Foreign Plots | 7/15/2009 | See Source »

Jundullah isn't the only case cited by those who accuse the U.S. of backing Iranian extremist groups. After the U.S. occupied Iraq in 2003, the U.S. military ostensibly disarmed the Saddam-backed Iranian militant group the Mujahedin-e Khalq (MEK) - then, as now, on the State Department's terror...

Author: /time Magazine | Title: Iran's Campaign Against Foreign Plots | 7/15/2009 | See Source »

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