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...Until the crackdown, the spring of 1989 felt like one of those rare moments when it seemed possible to take advantage of the sudden cracks in history in order to reshape it. Many in Hong Kong yearn for that chance again. This spring, during my second extended stay in Hong Kong since I left for California 17 years ago - where the statue's replica still sits on my desk - I went back to that familiar spot by the flagpoles. There, I thought of a TV interview that I saw in Hong Kong a few weeks ago, in which a local...

Author: /time Magazine | Title: Guarding History | 6/8/2009 | See Source »

...triple whammy of collapsing property values, equity-wealth destruction and ongoing unemployment shock, the American consumer is unlikely to spring back overnight. In fact, with asset-dependent U.S. households remaining income-short, overly indebted and savings-deficient, subdued consumption growth is likely for years. This is because the U.S. consumption share of real GDP, which hit a record 72.4% in the first quarter of 2009, needs, at a minimum, to return to its pre-bubble norm of 67%. That spells a sharp downshift in real consumption growth from the nearly 4% average pace of 1995 to 2007 to around...

Author: /time Magazine | Title: Kidding Ourselves About an Asian Recovery | 6/8/2009 | See Source »

...start formulating an answer, an élite group of some 30 doctors, ethicists, scientists and government officials gathered in Washington this spring to launch a movement they're calling the Second Wave of clinical research. (The first happened in the early '90s, when studies began to include large numbers of women.) A conclave of maternal-health advocates is now pushing for better information on how drugs affect pregnant women...

Author: /time Magazine | Title: The Risks (and Rewards) of Pills and Pregnancy | 6/8/2009 | See Source »

...Alexander, who conducted more than 300 interrogations and supervised more than 1,000 others in Iraq, says the key to a successful interrogation lies in understanding the subject's motivation. In the spring of 2006, he was interrogating a Sunni imam connected with al-Qaeda in Iraq, which was then run by al-Zarqawi; the imam "blessed" suicide bombers before their final mission. His first words to Alexander were, "If I had a knife right now, I'd slit your throat." Asked why, the imam said the U.S. invasion had empowered Shi'ite thugs who had evicted his family from...

Author: /time Magazine | Title: After Waterboarding: How to Make Terrorists Talk? | 6/8/2009 | See Source »

...killing roughly 200 people and forcing 500,000 to seek refuge in shelters and on rooftops to escape rising floodwaters. The death toll is expected to increase as rescue workers gain access to more isolated areas. Low-lying Bangladesh is regularly gutted by cyclones in the spring and fall, which precede and follow its monsoon season. Aila also hit Sundarbans, a mangrove forest on the India-Bangladesh border that shelters endangered royal Bengal tigers--some of which have also been stranded by the waters...

Author: /time Magazine | Title: The World | 6/8/2009 | See Source »

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