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...recent interview. She was attending a track meet in Pudukkottai, where she returned after losing her medal. "It was difficult but now finally I feel O.K.," she says with a laugh. The state government of Tamil Nadu awarded her a television set and a cash prize as a show of support after Doha. Soundarajan took that money - a little more than $30,000 - and in 2007 started a sports academy in Pudukkottai. About 68 students now train there, including two who she says won medals at the Chennai marathon. "I like to train children who have not much money...

Author: /time Magazine | Title: Gender and Athletics: India's Own Caster Semenya | 9/1/2009 | See Source »

...that. Masaaki Kanno, chief economist at JPMorgan Securities in Tokyo, is skeptical that cutting wasteful spending and finding hidden reserves will compensate for growing expenditures; social security, for example, will need to expand by up to 1.5 trillion yen annually. "Within two years, the DPJ will have to show people a consistent way to finance additional spending," he says. "[The need for growth] has nothing to do with political ideologies. It's the reality of economic equations...

Author: /time Magazine | Title: Japan's Government: Five Ways to Fix the Economy | 9/1/2009 | See Source »

...bubble in Shanghai. The danger is that policymakers may tighten too much, discouraging not only speculation but also business growth and consumer spending, which could precipitate a hard landing for the economy. So far, there's scant evidence for collapse. The latest Purchasing Managers Index numbers, released Sept. 1, show China's manufacturers are continuing to rally. The index rose to 54.0 from 53.3 in July, marking the sixth consecutive month the index has been in expansion territory (over...

Author: /time Magazine | Title: Why China's Stock Market Bubble Is Fizzling | 9/1/2009 | See Source »

...approach of a key turning point. Civilian casualties caused by Western attacks have fallen dramatically under a new edict from General Stanley McChrystal barring air strikes that risk innocent deaths (19 killed since July 1, down from 151 in the same period of 2008). That's designed to show the Afghan people that the U.S. military is a force for good in their country. But at the same time, U.S. troop deaths reached 45 in August, making it the deadliest month for American military personnel since the war began 94 months ago. That's due to U.S. forces challenging...

Author: /time Magazine | Title: Turning Point Looms for the U.S. in Afghanistan | 8/31/2009 | See Source »

...Democrats have a year to show results," he added, noting next year's elections are looming...

Author: /time Magazine | Title: Japan Opposition Scrambles To Form Transition Team | 8/31/2009 | See Source »

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