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The problem is twofold. First, it's hard to predict the future. Second, it's really hard to predict the future when so many parts of the economy are in flux. "This has been an extraordinarily difficult period for forecasters," says Harvard economist James Stock. "Our models aren't really...

Author: /time Magazine | Title: Why Are Economists So Bad at Forecasting? | 7/17/2009 | See Source »

That's a good question, especially since the program was an open secret. On Oct. 28, 2001, the Washington Post ran an article with the title "CIA Weighs 'Targeted Killing' Missions." And in 2006, New York Times reporter James Risen wrote a book in which he revealed the program's...

Author: /time Magazine | Title: The CIA Is Keeping Secrets. Hello? | 7/16/2009 | See Source »

The Swiss claim that the U.S. proceeding against UBS breaks the terms of the treaty between the two countries that permits an exchange of information on tax matters only in individual cases where a specific and justified request is made. "The blocking order that the Swiss government is prepared to...

Author: /time Magazine | Title: U.S. vs. UBS: A Fight Over Secret Swiss Bank Accounts | 7/15/2009 | See Source »

Those are some of the locations where James Tseng plied his trade for 34 years, sinking as low as providing all-purpose Chinese buffets before returning home to reclaim his roots with a vengeance. At James Kitchen Big Secret, tel: (886-2) 2343 2275, on Yongkang Street's restaurant row...

Author: /time Magazine | Title: Taiwan Cuisine: The Secret's Out | 7/15/2009 | See Source »

Travelers like the erudite British naturalist Redmond O'Hanlon used to come to these parts in search of untouched rainforest and unadulterated indigenous life. His Into the Heart of Borneo recounts a 1983 attempt, with poet pal James Fenton, to "rediscover" the Borneo rhinoceros near Sarawak's mountainous border with...

Author: /time Magazine | Title: Ebb and Flow in Borneo | 7/15/2009 | See Source »

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