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...electric vehicle (EV) for the global market. Production of the egg-shaped vehicle, which has a range of 99 miles (160 km) on a single charge, kicked off this week; fleet sales will start in Japan next month and the car is expected to reach U.S. buyers by the end of next year. Tooting its own horn, Mitsubishi is calling the new i-MiEV "a pioneer to open the door to the next 100 years...

Author: /time Magazine | Title: In Japan, Testing the Market for All-Electric Cars | 6/9/2009 | See Source »

...there are tides, and there are currents. I keep thinking of something I heard Mohamed El-Erian, CEO of bond-investing giant Pimco, say at a conference in April: "We are so focused on whether recovery will be at the end of this year or the beginning of the next that we lose sight of the more important question. It's not whether the recession will be over; it's, What does the new normal look like?" (Watch TIME's video of Peter Schiff trash-talking the markets...

Author: /time Magazine | Title: Economic Recovery: Will Corporate Profits Recoup? | 6/9/2009 | See Source »

Before the test began on each of the three Saturdays, the students filled out a questionnaire that asked them about their fatigue level, mood and confidence. They completed the questionnaire again at a break in the middle of the test and once more at the end. Together, all of these provided a sort of fever chart of the students' energy and anxiety throughout the experience...

Author: /time Magazine | Title: Stress and Exhaustion May Improve SAT Scores | 6/9/2009 | See Source »

...Many South Koreans feel the same way. In recent years, Seoul has tried just about everything - from hard-line demands to generous food and fertilizer aid - to convince the isolated regime to end its controversial nuclear-weapons program and improve ties with its southern neighbor. But relations between the two Koreas have remained more or less unchanged. The stalemate on the peninsula that began after the Korean War of the early 1950s continues, with Pyongyang still regularly hurling threats and insults at the South. The North's stubbornness has left South Koreans feeling helpless and uncertain about what an effective...

Author: /time Magazine | Title: Why South Koreans Are Fed Up With Their Neighbor to the North | 6/8/2009 | See Source »

...rightwards shift was in Germany: Chancellor Angela Merkel's governing center-right CDU/CSU saw its vote fall by 7.1% to 37.8%. But it was mainly at the expense of the liberals, greens and former communists - at 20.8%, the Social Democratic Party actually recorded its lowest score since the end of World...

Author: /time Magazine | Title: Europe's Voters Reward the Right | 6/8/2009 | See Source »

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