A Month of Scandals for Beijing’s Forbidden City

Beijing’s Forbidden City gets its name from the fact that it was once off limits to anyone who did not have the permission to enter from the Chinese emperor. It’s also known as the gu gong, or former palace, a firm reminder that such elitism is a thing of the past, never mind that the Communist Party’s leadership compound of …

Would Strauss-Kahn’s Downfall Mean More IMF Democratization?

Last week, a high-ranking International Monetary Fund official lectured a conference of Latin American central bankers in Rio de Janeiro, Brazil, about not letting their economic booms overheat into financial crises. It’s the sort of warning that any country should of course heed. But the IMF has lost a lot of clout in Latin America …

Global Briefing: Crimes and Misdemeanors

L’affaire DSK: The arrest of International Monetary Fund chief Dominique Strauss-Kahn on sexual-assault charges in New York has plunged France into a bout of “soul searching” and probably removes the greatest threat to unpopular French President Nicolas Sarkozy’s rule in upcoming elections. TIME’s global business correspondent Michael …

Fukushima: Er, Sorry…Worse Than We Thought.

In the two months since Japan’s Fukushima Daiichi nuclear power plant was pummeled by a quake and tsunami, no news has generally been good news.

Unfortunately, today, there’s some news.

Tokyo Electric Power Company (TEPCO) announced on Thursday that the damage to fuel rods inside Unit 1’s reactor core is worse than the …

Poor Panama. China’s Just Not That Into You.

The list of countries that have chosen diplomatic relations with Taiwan over mainland China reads like an exercise in national obscurity. The 23-nation compendium includes Burkina Faso, Tuvalu and Saint Kitts and Nevis, along with Palau, Swaziland and Saint Vincent and the Grenadines. Nevertheless, the People’s Republic has assiduously …

Bin Laden’s Diary: War Plans, or Musings from the Landfill of History?

“Since the end of the last civil war, the colonel had done nothing else but wait. October was one of the few things which arrived.” At least, it arrived for the aging military commander whose life is described in Gabriel Garcia Marquez’s story “Nobody Writes to the Colonel Any More”. For Osama bin Laden, this year, the Navy SEALs …

Haiti’s Own “Birthers”: Martelly Refutes Citizenship Rumors

Does Haitian President-elect Michel Martelly, who is set to be inaugurated on Saturday, May 14, have his own “birthers” to contend with? In recent weeks the former Carnival singer, who won Haiti’s runoff election on March 20 by a landslide, has felt compelled to answer rumors that he has U.S. citizenship – which would effectively …

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