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...keeps handing out - most recently to businesses worth over $10 billion annually - coupled with his call for all E.U. countries to continue pumping their economies with stimulus spending to foster growth. Even Germany, the E.U.'s most disciplined member, will see its 2009 deficit of nearly 4% rise to almost 5% in 2010 under the government's plan to cut taxes while increasing spending...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

...Norway” is the most dreamy of all, with fairy tale imagery and singing so soft it’s almost like Legrand is gasping for air. “Lover of Mine” is the most instantly accessible track on the album, where the starlight sounds are only slightly offset by the deepness of Legrand’s voice. “10 Mile Stereo,” a late album highlight, follows suit with an uncertain organ and a quick, almost Postal Service-esque beat...

Author: By Kelsey C. Nowell, CONTRIBUTING WRITER | Title: Beach House | 2/2/2010 | See Source »

Plus, officials insist that the nonchalance of the past was almost ridiculous. "We joke about it," Jackson says. "There's this wonderful old cartoon of a Canadian athlete with an international president who was handing out medals. It was sort of this Tiny Tim thing. 'Please sir, may we have a medal? Oh no? Well then, thank you for your kind consideration.' That was the Canadian motto. It was hilarious because it was mostly true. We just said, Look, this is nonsense. Let's have some fun with this; let's try to improve...

Author: /time Magazine | Title: Why Canada Wants to Kick Olympic Butt | 2/1/2010 | See Source »

...difficulty is that any compromise would almost certainly have to involve Khamenei moving against Ahmadinejad, initiating a process within the political system that would involve the incumbent either being ousted or having his power considerably diluted. The leaders of the opposition risk losing the backing of their supporters in the streets if they are too willing to reconcile themselves with Ahmadinejad, given all the blood that has been spilled over the past six months. (See TIME's Pictures of the Week...

Author: /time Magazine | Title: Iran's Opposition: Confrontation or Compromise? | 2/1/2010 | See Source »

...squandered billions during his first term on expensive social programs intended to buy political support. Now faced with increasing sanctions and lower oil revenues, the government is about to launch a new program to wean the economy from unsustainable subsidies, especially on energy - a move that is almost certainly going to be unpopular...

Author: /time Magazine | Title: Iran's Opposition: Confrontation or Compromise? | 2/1/2010 | See Source »

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