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...least $20 per contract. That adds up, and can easily eat away at any potential profits. If you made one trade per day, you'd be losing 1% of your account value per week just on fees and slippage. At least at the roulette wheel they bring you free cocktails when you're hemorrhaging cash. (Read "How the Coming Rise in Gas Prices Will Change the World...

Author: /time Magazine | Title: So You Want to Be an Oil Speculator? | 8/10/2009 | See Source »

...Indeed, China is increasingly open about both its ambitions and its concerns over U.S. economic policy, given its position as Washington's largest foreign creditor. Beijing never signed on to what became known in the late 1990s as the Washington Consensus on global economic policy, which called for free trade, privatization, light-touch regulation, prudent fiscal policies and - at least as many interpreted the consensus - free capital flows. The U.S. Treasury, in the wake of the credit meltdown, has put forward a plan to enhance regulation of its own capital markets, but that is unlikely to prevent Beijing from continuing...

Author: /time Magazine | Title: Can China Save the World? | 8/10/2009 | See Source »

...Jobbik rally last year, the BNP's Griffin invoked the memory of Hungary's 1956 revolution, suppressed by Stalinist troops. "Where is the power hunger and the corruption of the Soviet kleptocracy now? ... It is in Brussels," he said. "The European Union is a threat to all the free peoples of Europe...

Author: /time Magazine | Title: The March to the Far Right | 8/10/2009 | See Source »

...think that there is a terrific case to be made to the American public. But it is - this is complicated, it's difficult. The press gets bored with the details easily, and it very easily slips into a very conventional debate about government-run health care vs. the free market, etc., which is not at all what the real debate is about ... And I will say that this has been the most difficult test for me so far in public life, trying to describe in clear, simple terms how important it is that we reform this system. The case...

Author: /time Magazine | Title: Obama: 'This Has Been the Most Difficult Test for Me.' | 8/10/2009 | See Source »

...here only once in a while," says Dalvinderjit Kaur, a housewife, whose son is filling out a form to get membership at Best Price. "I have shopped at the same kiryana shop for 18 years." There are many reasons customers like Kaur prefer their kiryana shops: they deliver for free, even for small orders; they allow regular customers credit; and they are close by and personal. "He knows us so well," she says. "When my daughter went to America to study, he called to ask, 'Madam, is your daughter not home? You haven't been ordering cheese singles...

Author: /time Magazine | Title: A Visit to India's First Walmart (a.k.a. Best Price) | 8/9/2009 | See Source »

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