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HSBC isn't completely turning its back on the West. Green, the chairman, will remain in London, as will HSBC's official world headquarters. Yet HSBC's return to Asia is still an important signal of where the bank and the world economy believes it will find new growth. "The...

Author: /time Magazine | Title: Why HSBC Is Returning to Hong Kong | 9/30/2009 | See Source »

Blocking one-third of Iran's gasoline supplies might seem relatively simple. The country's imports come from a fairly small number of firms, including Swiss-Dutch companies Vitol and Trafigura and India's Reliance Industries. New U.S. sanctions would force those companies to choose between doing business in the...

Author: /time Magazine | Title: How Badly Would Sanctions on Gas Imports Hurt Iran? | 9/30/2009 | See Source »

Zazi would turn up for afternoon prayers each Friday - Islam's holy day - parking the ABC van in the parking lot outside the sprawling brick complex with its black dome and narrow minaret. Other regular worshippers agreed that he never spoke to anyone and usually rushed off immediately once the...

Author: /time Magazine | Title: Terror on the Prairie: Zazi's Life in Colorado | 9/29/2009 | See Source »

Kadyrov's racehorses have already found fortune at prominent equestrian events. Bronze Cannon, a four-year-old thoroughbred, won the prestigious Hardwicke Stakes race at Ascot in July. His Indian Jameson stallion won the honor prize at the Moscow Hippodrome's 175th anniversary. Russian tabloid Komsomolskaya Pravda reported on July...

Author: /time Magazine | Title: Will Australia Let Chechnya's President Race His Horses? | 9/29/2009 | See Source »

So far, the Senate Finance Committee has shown much more determination than House Democrats in holding the fiscal line. According to the official government accounting, which leaves out most of the systemic changes, the current House bill would moderately grow the deficit over the next 20 years, while the Senate...

Author: /time Magazine | Title: Will Obama's Plan Really Deliver Health Savings? | 9/28/2009 | See Source »

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