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...race of it than expected in a special election in the strongly Democratic 5th Congressional District in Massachusetts, losing by only 6 points despite being outspent about 4 to 1. And 36-year-old Republican Congressman Bobby Jindal won the governorship of Louisiana with a majority in the first round of balloting...

Author: /time Magazine | Title: Hold Your Conventional Wisdom! | 10/30/2007 | See Source »

Trade always matters. But it matters now more than ever, with the global economy slumping and the U.S. in need of poorer countries as partners in the war against terrorism. Right now there is nothing more important on the economic agenda than securing a new round of measures to reduce trade barriers. Trade ministers have just met in the Persian Gulf city of Doha, Qatar, to work out the outlines of such a round. They need to move fast: the World Trade Organization estimates that in 2001 the growth in the volume of world trade in goods will be just...

Author: /time Magazine | Title: Free-Trade Hypocrites | 10/29/2007 | See Source »

Poor nations have heard that before; some are not impressed. Trade, they say, needs to be a two-way street. However much a developing country orients its economy to the outside world, it needs others to buy its goods. At the Uruguay Round of trade talks, which concluded in 1993, the developing world was promised much greater access for its products to rich markets. But the reality has been disappointing...

Author: /time Magazine | Title: Free-Trade Hypocrites | 10/29/2007 | See Source »

...this week appeared to gain greater domestic influence over the issue with the replacement of Iran's pragmatic top nuclear negotiator by a key Ahmadinejad ally. After President Bush invoked the specter of World War III to press the urgency of stopping Iran, the Administration followed up with another round of punitive measures...

Author: /time Magazine | Title: Iran War Drumbeat Grows Louder | 10/26/2007 | See Source »

...What are Iranian intentions?" Crocker asked. "It's a question very much on my mind." Still, even the murky indications he's sensing are enough to encourage Crocker to press forward with another round of stilted conversations with Iranian officials. Crocker expects the working group of U.S. and Iranian officials set up after the last ambassadorial meeting on Iraq's security situation to convene again, although no date has been...

Author: /time Magazine | Title: Crocker Sees Signs of Hope in Iran | 10/26/2007 | See Source »

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