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...reasons to believe that small businesses aren't getting the credit they need. In the last three months of 2009, business lending at smaller banks, which tend to cater to smaller companies, was down at a 13% annual rate, according to the Federal Reserve. Not only are loans harder to come by, but they're also more expensive. That has the potential to slow down economic recovery, since firms that can't borrow often can't expand. Policymakers have responded with a number of programs to boost small-business lending, including an Obama Administration proposal to repurpose $30 billion...

Author: /time Magazine | Title: Banks and Small Business: The Crunch Is Still Ahead | 3/22/2010 | See Source »

...California, San Diego, and a former adviser to the Mexican government. But Mexico has paid a price for focusing so much on its relationship with Washington. It sends an inordinate 80% of its exports to the U.S., for example. As a result, it has been hit by the recession harder than many other Latin American countries...

Author: /time Magazine | Title: As Brazil Rises, Mexico Tries to Amp Up Its Own Clout | 3/20/2010 | See Source »

...Establishing job creation as a discrete goal is a misleading enterprise. Beyond cyclic swings in demand, what we're really talking about creating is not jobs but ideas and technologies and more efficient ways of producing and selling goods and services. If that sounds like a harder goal to set, let alone achieve, that's because...

Author: /time Magazine | Title: The Workforce: Where Will the New Jobs Come From? | 3/19/2010 | See Source »

...International Olympic Committee in English - a first for a Kremlin leader before a Western audience - and promised members that the Sochi Games would be "safe, enjoyable and memorable." He even guaranteed that there would be snow. With the Olympics now seen as Putin's pet project, it may be harder for him to divert the blame if things don't go as planned...

Author: /time Magazine | Title: Trouble in Sochi: Russia's Mounting Olympic Problems | 3/19/2010 | See Source »

...this case, Tiger certainly chose the safe shot. First off, the Masters is notoriously stingy when it comes to handing out media credentials, so he won't be confronted by TMZ after finishing his practice round. "They're going to have a much harder time getting in," says Dan Jenkins, a legendary golf writer who will be covering his 60th - that's not a misprint - Masters in April, regarding the access Augusta grants to media outlets that don't cover golf regularly. "You've got to start going there awhile before you get taken into the club." Masters organizers...

Author: /time Magazine | Title: Why the Masters Makes Sense for Tiger | 3/16/2010 | See Source »

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