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After a decade of overspending, Greece has fallen into a debt crisis. The country--which along with Portugal, Ireland, Italy and Spain is a member of the so-called PIIGS group of troubled European economies--is carrying a deficit close to 13% of GDP, more than four times the E.U. limit. Part of the blame for Greece's economic woes has been placed on padded public-sector wages and rampant tax evasion. Proposed austerity measures, which include a pay freeze for government employees, prompted thousands to go on strike. European leaders, who fear that Greece's troubles will trigger widespread...

Author: /time Magazine | Title: The World | 2/22/2010 | See Source »

...motivational lectures to a brood of squabbling family members. Coward's plot reaches a climax as the actor finds out that several pestering women have all booked passage on the same boat he's taking to Africa. Perry's culminates with the cast enlisting the audience in a sing-along of Earth, Wind and Fire hits. At the Broadway theater, I didn't see a single black face. At Madison Square Garden, I was just about the only white...

Author: /time Magazine | Title: Tyler Perry's Big Happy Family | 2/22/2010 | See Source »

...pursuing what he believed to be the responsible course, Obama echoed George W. Bush's fourth-quarter abandonment of free-market gospel. For both men, survival trumped ideology. In the process, however, the candidate of change became the President of continuity, a politically perilous position he has since reinforced, along with U.S. ground forces in Afghanistan. (See pictures of Person of the Year 2009 runner-up General Stanley McChrystal...

Author: /time Magazine | Title: Era of No Consensus | 2/22/2010 | See Source »

...Dale three then went long off the rim, and Harvard pushed the ball hard in transition, setting up Webster’s shot from the deep left corner and triggering a Big Red timeout—along with the student section’s “I believe that we will win” chant...

Author: By Dennis J. Zheng, CRIMSON STAFF WRITER | Title: Comeback Falls Short as Cornell Drops Crimson | 2/20/2010 | See Source »

...tensions didn't end there. Along the back wall 2004 World Poker Champion Greg Raymer stood waiting for a talk radio interview. "Focus on the Family considers poker immoral," Raymer said, gesturing towards the Focus on the Family booth down an aisle. "They have no right to tell me what to do." Raymer is at CPAC representing the Poker Players Alliance, which is lobbying to have a 2005 ban on Internet poker lifted - literally one of the last bills passed by the GOP before they lost control of Congress. "In the privacy of our own homes, consenting adults should...

Author: /time Magazine | Title: A Big Tent at the Conservatives' Convention | 2/20/2010 | See Source »

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