COVER

Living Under the Cloud

The atom bombs dropped over Japan ended a terrible war and persuaded the worls never to use nuclear weapons again. Why that legacy is now in peril - and what we should do about it

ASIA

A Real Fix or Just Hot Air?

The U.S., Australia and four Asian nations broker a new global-warming deal to complement the Kyoto Protocol. Environmentalists say the plan is hot air

The Troubled South

Tensions simmer in the country's south as both Muslims and Buddhists lead troubled lives, afraid of being caught between insurgents and the security forces

The Yuan Effect

China finally revalues its currency, to the relief of a world worried about record trade imbalances. But is 2.1% really enough?