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...belong to a family that traditionally votes PAN, but this party became too pragmatic," says Beatriz Jarquin, 28, a voter in the impoverished southern state of Oaxaca who voted PRI on Sunday. "These years have not given us the change we wanted." Moreover, the PAN ran an attack campaign against the PRI that recalled for many voters the ugliness of the PRI's own traditional tactics. "It was very dirty and belligerent," says Mexican pollster Federico Berrueto. "The PAN needs to go back to its origins...

Author: /time Magazine | Title: Why Mexico's Voters Turned Back to the Future | 7/8/2009 | See Source »

...analysts are jittery this week following comments on Sunday by Vice President Joe Biden that were widely interpreted as a green light to Israel to bomb Iran's nuclear facilities. Many in the industry have long viewed such an attack as a prelude to a nightmare in global energy markets: Iran retaliating by sinking oil tankers in the Strait of Hormuz, blocking the route by which most Persian Gulf oil travels to world markets. "We will be in deep, deep trouble," says Leo Drollas, deputy director and chief economist of the Center for Global Energy Studies in London. "The market...

Author: /time Magazine | Title: Oil Shocks: Biden, Iran and Fears of Another Price Jump | 7/7/2009 | See Source »

...wink to an Israeli air strike. The Vice President had said that while the U.S. believes that military action against Iran would serve neither American nor Israeli interests, Israel is a sovereign nation, and if it felt threatened by Iran, it would be "entitled to" launch an attack on the Islamic Republic "whether we agree or not." President Obama reiterated in Moscow on Monday that he opposes military action against Iran and instead wants a diplomatic solution to the nuclear standoff. But Prime Minister Benjamin Netanyahu has long maintained that Israel reserves the right to take matters into...

Author: /time Magazine | Title: Oil Shocks: Biden, Iran and Fears of Another Price Jump | 7/7/2009 | See Source »

...hurt in a quake at the G8 summit. Seriously, Italy appears to be falling apart at the seams: Last week 22 people were killed in a tragic train accident that almost certainly could have been prevented by better controlling techniques, and for over two months Berlusconi has been under attack for his sex life. Not to mention the fact that Irish pop-singer-turned-activist Bob Geldof virulently criticized Italy’s Prime Minister for only delivering three percent of the international aid it had promised to give...

Author: By Sofia E. Groopman | Title: Berlusconi’s Hubris | 7/7/2009 | See Source »

...criticism was so carefully cast, however, that it is unlikely to disrupt the tone of close cooperation that has defined Obama's first visit to Moscow as President. Even in his speech on July 7, Obama offered his criticisms less as an attack than as a commentary on historical patterns that he argued are pushing toward greater transparency and citizen empowerment. (See pictures of Russia celebrating Victory...

Author: /time Magazine | Title: Obama Treads Lightly on Democracy in Russia | 7/7/2009 | See Source »

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