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...Given the political climate, European Union leaders on Sept. 17 vowed to take action on what French President Nicolas Sarkozy calls "the scandal" of bank bonuses. They agreed in Brussels to seek binding rules on the allocation of bonuses, sending a strong message to U.S. President Barack Obama and the G-20 leaders who are meeting in Pittsburgh, Pa., on Sept. 24 and 25 that they are serious about cracking down on profligate spending by financial institutions. (See pictures of the global financial crisis...

Author: /time Magazine | Title: The E.U. Talks Tough on Bonuses, but Will It Act? | 9/22/2009 | See Source »

Kravitz began working with Eisenberg on this issue and remembered Eisenberg’s boldness when designing an affirmative action policy for the Medical School. The portion of minority students at the school increased to 20 percent of the class, according to Kravitz...

Author: By Kerry K. Clark, CONTRIBUTING WRITER | Title: HMS Prof Dies, Leaves Activist Legacy | 9/21/2009 | See Source »

...notable successes in Pakistan's tribal badlands. Straddling the Afghan border, this region has long been notorious as a base for al-Qaeda, Taliban and foreign fighters who threaten both Afghanistan and Pakistan. It is from here that Western governments fear that the next 9/11-style attack could emanate unless action is taken. Over the past year, Washington has intensified CIA-operated drone strikes - yielding a flurry of successes. Air strikes may have killed two prominent al-Qaeda commanders over the past fortnight. If confirmed, the deaths would be further blows to the terrorist group. Last month, Baitullah Mehsud, the head...

Author: /time Magazine | Title: How Washington Will Measure Pakistan's Success | 9/21/2009 | See Source »

...Assembly in New York City before heading off to Pittsburgh, Pa., for the G-20 summit on Sept. 24-25. This is what a more relaxed Hu might say to Obama, whose first major decision on trade was to slap a 35% tariff on tires produced in China - an action that generated a flurry of stories in the media about the possibility of a U.S.-China trade...

Author: /time Magazine | Title: What China's Hu Would Really Like to Tell Obama | 9/21/2009 | See Source »

...Iranians knew if there would be any turnout. It had been weeks since the last major opposition rallies, and in the meantime the public had been subjected to show trials, allegations of torture and rape in prisons and stern warnings by the regime against any future action. But as the world heard the erratic statements of Ahmadinejad set against the ongoing maneuvering of the U.S., Russia and China on sanctions vs. engagement, hundreds of thousands of green-clad opposition supporters in multiple cities in Iran defiantly took to the streets. Participants of the Qods Day protests told TIME that crowd...

Author: /time Magazine | Title: Iran's Crisis: The Protesters Who Won't Go Away | 9/21/2009 | See Source »

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