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For years, one of the defining images of the African political élite has been the silhouette of a figure sitting behind tinted glass or drawn curtains in the backseat of a luxury car. The car's model may vary, and the color too, but nine times out of 10...

Author: /time Magazine | Title: Kenyan Outrage after Leaders Ditch Mercedes | 11/18/2009 | See Source »

On Friday, as President Obama crossed the Pacific to begin his first trip to Asia, the Census Bureau released its monthly trade tally. The headline was that the U.S. trade deficit grew to $36.5 billion in September, more than forecasters expected and the biggest such figure since January. But the...

Author: /time Magazine | Title: U.S.-China Trade: Prepare for Continued Imbalance | 11/17/2009 | See Source »

What might be the driving factor that lowers holiday retail sales and stalls a much-anticipated economic recovery? Stingy spouses with children. According to a new survey from America's Research Group, a retail-consulting firm, 50.1% of parents plan on cutting back on gifts to each other this year...

Author: /time Magazine | Title: Thrifty Spouses Could Hurt Holiday Shopping | 11/17/2009 | See Source »

There is no explanation for the sudden drop in popularity of our favorite New Haven rival. "I think speculating about about small fluctuations in year to year counts is pointless," Jeff Brenzel, Yale dean of undergraduate admissions, said in an emailed statement to the YDN. He added that the early...

Author: By H. Zane B. Wruble, CRIMSON STAFF WRITER | Title: Yale: So (Not) Hot Right Now | 11/17/2009 | See Source »

Another China skeptic is Pivot Capital Management, investment manager of the $505 million Pivot Global Value Fund. In an August report, it makes the startling claim that China is not 45% urbanized as the World Bank and other international agencies estimate. That figure could be "understated as much as 20...

Author: /time Magazine | Title: China's Economic Recovery: Miracle or Mirage? | 11/16/2009 | See Source »

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