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...Formula One's governing body plans to take legal action to prevent the teams from forming their own series. "The actions of FOTA as a whole, and Ferrari in particular, amount to serious violations of law, including willful interference with contractual relations, direct breaches of Ferrari's legal obligations and a grave violation of competition law," an FIA statement read. As the two sides dig in, the biggest loser is the sport. If Formula One does end up splitting, says Aylett, "people might go watch rugby...

Author: /time Magazine | Title: Are the Wheels Coming Off of Formula One? | 6/20/2009 | See Source »

...state's borrowing. As with AIG, California officials argued, the state is too big to fail. "A fiscal meltdown by California ... would surely destabilize the U.S., if not worldwide financial markets," state treasurer Bill Lockyer wrote U.S. Treasury Secretary Timothy Geithner on May 13. Yet experts say such action by the Federal Government, while not a bailout, could possibly endanger the nation's AAA credit rating. Without short-term assistance, California could plunge deeper into chaos and become a drag on the nation's economic recovery. (The Page: "California Budget Deadlock Broken...

Author: /time Magazine | Title: Can the U.S. Afford to Let California Fail? | 6/19/2009 | See Source »

...this point, no Muslim defenders of the rare French burqa have emerged. Indeed, Dounia Bouzar, a specialist on Muslim affairs, notes that while she and many fellow Muslims opposed the headscarf ban as meddling in private matters of choice, she is relieved at action taken on the burqa. "Imposition of this garment on women is one manner Salafists get individuals to renounce their individuality and submit to the extremist cult thinking that masquerades as Islam - but which is an abomination of it," Bouzar says. "That Salafist influence and activity is spreading, and if it takes political action to prevent their...

Author: /time Magazine | Title: Will France Impose a Ban on the Burqa? | 6/19/2009 | See Source »

...human trafficking would be to prosecute the family members as well as the placement agency. Sinha of the NCPCR says that the court's suggestion - though not legally binding in any way - could be a step in the right direction. "When you are talking about child Labor, no action is trivial," she says. "Every action is important because it is a step forward." Vikram Srivastava from Child Rights and You, however, feels punishing the families is "anti-poor." Because child labor is linked so closely to the economic conditions their families live in, activists say it will be difficult...

Author: /time Magazine | Title: India Under Pressure to Do More to Stop Child Labor | 6/19/2009 | See Source »

...Read "In Northern Ireland, a Civil Action...

Author: /time Magazine | Title: Journalist Wins Right to Withhold Information on the Real IRA | 6/19/2009 | See Source »

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