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Congress and legislatures in the U.K., Europe, and Japan are faced with whether or not to let key companies in important industries pass into Chines hands. Last year, the Congress effectively blocked a deal for Chinese electronics firm Huawei Technologies to buy 3Com. The reasoning was the U.S. did not...

Author: /time Magazine | Title: As PetroChina Buys Into Singapore Pet, Issues About Strategic Interests Rise | 5/25/2009 | See Source »

In the U.S., the question of whether some assets are too important to allow China to buy puts the interests of Congress against the interests of shareholders. PetroChina is paying a 24% premium to buy its new stake in Singapore Petroleum. If a Chinese firm offered a similar premium to...

Author: /time Magazine | Title: As PetroChina Buys Into Singapore Pet, Issues About Strategic Interests Rise | 5/25/2009 | See Source »

Rosales defended the legality of the bills, insisting that legislation passed in 1995 gives the Central Bank "exclusive authority" to mint and print money. The number of signatures that appear or don't appear on the money is not important, he said. Critics, however, argue that the Central Bank's...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

The timetable for talks is obviously less important than the result, however, so the key question facing Obama is this: Can Washington and Tehran agree to a compromise on Iran's nuclear program, and would such a formula be acceptable to the Israelis?

Author: /time Magazine | Title: Iran's Missile Test: A Message to Obama | 5/22/2009 | See Source »

These latest salvos represent an intensification of the ongoing war of words between the two countries over their closely linked histories. Political analysts say the disagreement, like the gas conflict, is driven by Russia's desire to stymie Ukraine's attempts to forge an independent future. "It's an instrument...

Author: /time Magazine | Title: Russia and Ukraine Battle Over Their Shared History | 5/22/2009 | See Source »

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