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...currency issues. Lardy, the Institute for International Economics fellow, is skeptical that there will be any significant policy changes soon. He calls China's leaders "momentum players," observing that they are loath to change course while things are going well. After all, China has double-digit economic growth, huge trade surpluses, and more than a trillion dollars in foreign-exchange reserves. Why mess with success...
...powerplays during this time.In one of the kills, the Big Green maintained possession of the puck for well over a minute, not allowing Harvard to switch off its players for a rest. And yet, the Crimson effectively prevented Dartmouth from scoring.“Special teams became a huge factor, both for Dartmouth and for us staving off their powerplay at the end,” Stone said. “We made a decision to box it up after the second period if we were on a kill again. Just because they were getting stuff inside that...
...looks like little more than a jumble of hills and farming towns. But for the engineer, 41, what lies underground has rocked his world: a new 1,100-mile oil pipeline, which in recent months has tied this tiny country on the edge of the Caspian Sea to the huge Western market. "There is a lot of oil and a lot of money," says Mirza, who spent 14 years earning about $10 a month working on a creaking old Soviet oil rig. "And because there is a lot of money, our lives will surely improve...
...flawed, according to U.N. and American election observers. A free press? Hardly. One afternoon in December, TIME's team was taken to a police station near Baku and questioned for three hours about our activities. In Baku, the late former President's face peers down from billboards, and a huge statue of him stands in one of the many Heydar Aliyev parks. On the third anniversary of Aliyev's death, in December, government television channels aired round-the-clock programming about his life. The footage aired also on large screens on street corners...
...Even before the film opened in Berlin this week, it had sparked a huge debate in the German commentariat. Critics attacked it for making light of Germany's past. They questioned the idea of humanizing Hitler, even as a pathetic loser, and of treating the Holocaust in a comedy. Rolf Hochhuth, 75, the prominent German dramatist who , coincidentally, is now staging his own play about Hitler, condemned the movie for "tampering with history." Even the film's lead actor, the popular comedian Helge Schneider, admitted he now regrets doing the film. Adjustments in the editing suite focused the film...