--- description: Breaking news and analysis from time.com. Politics, world news, photos, video, tech reviews, health, science, and entertainment news. title: TIME | Current & Breaking News | National & World Updates image: https://static.time.com/v3/assets/bltea6093859af6183b/bltde093bcdab65f2d0/6988d9b9bc6cfc69913e2a3c/time-logo.jpg?branch=production --- # Michael Schuman ## Michael Schuman Update your preferences in [Account Settings](/account/preferences/) Close ## Michael Schuman Update your preferences in [Account Settings](/account/preferences/) Close *  Dec 4, 2014 ### [One Last Chance for Japan](https://time.com/3617926/one-last-chance-for-japan/) If Prime Minister Shinzo Abe is going to kick-start his country, he’ll need to save his trademar... [WORLD](/section/world/) *  Nov 20, 2014 ### [Putin Can't Afford a New Cold War](https://time.com/3596744/russia-economy-ukraine-sanctions-putin-geopolitical-ambition-foreign-policy/) Moscow needs the West [WORLD](/section/world/) *  Nov 17, 2014 ### [Japan Sinks Into Recession (Again)](https://time.com/3588181/japan-recession-abenomics/) An unexpected contraction in quarterly GDP shows that Prime Minister Shinzo Abe’s radical economic p... [BUSINESS](/section/business/) *  Nov 17, 2014 ### [China Stock-Market Link Shows Promise and Frustration of Beijing’s Reforms](https://time.com/3588122/china-hong-kong-shanghai-stock-connect/) The new connection between the exchanges in Shanghai and Hong Kong is another small step toward pryi... [WORLD](/section/world/) *  Nov 14, 2014 ### [Too Late for Abenomics](https://time.com/3584926/japan-economy-abenomics-shinzo-abe-liberal-democratic-party-ldp/) Shinzo Abe is desperate to rescue his failing economic program, but he still hasn't done what's nece... [WORLD](/section/world/) *  Nov 12, 2014 ### [Why Obscure Asian Trade Pacts Matter](https://time.com/3580251/apec-ftaap-tpp-china-trade-asia/) They will play an important role in determining America’s future in Asia [BUSINESS](/section/business/) *  Nov 6, 2014 ### [Revenge of the Dollar](https://time.com/3560480/revenge-of-the-dollar/) Reports of the demise of the world’s most popular reserve currency were greatly exaggerated [U.S.](/section/us/) *  Nov 3, 2014 ### [The Unbeatable U.S. Dollar](https://time.com/3553962/us-dollar-greenback-currency-money-global-economy-treasury-securities/) All hail the almighty greenback! [BUSINESS](/section/business/) *  Oct 30, 2014 ### [The Chinese President’s Love Affair With Confucius Could Backfire on Him](https://time.com/3547467/china-beijing-xi-jinping-confucius-communism/) Xi Jinping is turning to China’s ancient philosopher to reshape the country’s political future. But ... [WORLD](/section/world/) *  Oct 23, 2014 ### [China’s New Normal](https://time.com/3534123/chinas-new-normal/) As the Asian giant’s growth slows down, a struggling global economy could pay the price [WORLD](/section/world/) *  Oct 21, 2014 ### [Slowing Growth Is China's New Normal](https://time.com/3527342/china-chinese-economy-third-quarter-gdp-growth/) Say hello to China’s new normal [WORLD](/section/world/) *  Oct 16, 2014 ### [Stock Markets Wake Up to Reality](https://time.com/3512586/business-economy-stock-markets-finance-investment/) Misguided policy is undermining growth and creating new risks [WORLD](/section/world/) *  Oct 15, 2014 ### [An Aeroflot Nightmare](https://time.com/3509573/moscow-airtravel-travel-aeroflot-skyteam-sheremetyevo-airport-russia-edward-snowden-novotel/) Old practices are dying hard in Russia, including at its national airline [WORLD](/section/world/) *  Oct 10, 2014 ### [The Cost of Ebola Is Rising](https://time.com/3488874/ebola-economic-cost/) The longer the outbreak lasts and the farther the disease travels, the harder it will hit global gro... [WORLD](/section/world/) *  Sep 29, 2014 ### [Hong Kong Economy Key in Protests](https://time.com/3444164/hong-kongs-protesters-are-fighting-for-their-economic-future/) The city can't remain a global financial center without its own political process [WORLD](/section/world/) Meta: null ```json [{"@context":"https://schema.org","@type":"Organization","@id":"https://time.com/","name":"TIME","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":528,"height":156},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]},{"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"item":{"@id":"https://time.com/","name":"Home"}},{"@type":"ListItem","position":2,"item":{"@id":"https://time.com/author/michael-schuman/","name":"Michael Schuman"}}]},{"@context":"https://schema.org","@type":"Person","@id":"https://time.com/author/michael-schuman/","mainEntityOfPage":{"@type":"WebPage","@id":"https://time.com/author/michael-schuman/"},"name":"Michael Schuman","jobTitle":null,"description":"","url":"https://time.com/author/michael-schuman/","worksFor":{"@type":"Organization","name":"TIME","url":"https://time.com/"}}] ```