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...that the insolvency of its entire European operation is still an option. "Failure to reach the restructuring that is needed would result in the operation becoming insolvent - that would be an unnecessary and undesirable outcome for everyone," says Karin Kirchner, a spokeswoman for GM in Zurich. (Read " 'Much Work' Ahead for German Chancellor Merkel...
...Ahead for Automakers: A Smoother Ride...
Grab your crimson, Hopkins brothers and sisters! For one week, the keys to the ivory tower are yours. Make the most of it, and we will forgive you if it takes you a while to name the flaws of the John Harvard statue. Go ahead and pee on any statues you like, though. The real losers in this are, of course, the students of Yale University, who will find it troubling, if not overwhelming, to now know that another Harvard has popped up to make them feel inadequate...
Underlying the daily bickering is the increasing realization that, owing to the ongoing political battles in the months since Iran's disputed election, Ahmadinejad's government may be growing weaker rather than stronger. In the weeks and months ahead, observers should watch to see whether the popular Green Movement or Ahmadinejad's conservative rivals will be the ones to benefit, or whether this is the beginning of a long stalemate in Iranian politics...
...election is considered a bellwether for voter attitudes towards the President and his policies, and the results are not encouraging for Obama: McDonnell, 55, entered election day with a double-digit lead. McDonnell, who campaigned on a platform of job creation and low taxes, may have even greater things ahead: The Virginian-Pilot newspaper has gone as far as to put him on a short list of vice presidential candidates for 2012. (See pictures of the world's reaction to Obama's presidential victory...