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...economic downturn. While Aso's Cabinet in December approved $811.9 billion in stimulus spending, little of that money has been put into action. Other measures are seen as piecemeal and ineffective, leading to the perception that Aso has failed to deliver the fiscal and monetary steroids Japan needs to avert a deep recession...

Author: /time Magazine | Title: Crunch Time | 2/19/2009 | See Source »

...Fani-Kayode is dressed in black religious garb and set against a dimly lit background. His face is lit from below, as if illuminated by ceremonial candlelight. Fani-Kayode looks uncomfortable in his friar’s robes. The lighting is just strong enough to capture his eyes, which avert downwards and away from the penetrating gaze of the camera and the viewer. Fani-Kayode’s attire seems to suggest conventional Western spirituality; the photographer’s apparent awkwardness in such garb intimates the discomfort of his relationship with these religious values, perhaps due to his homosexuality...

Author: By Mark A. Fusunyan, CONTRIBUTING WRITER | Title: Sprituality, Sexuality in Rotmi Fani-Kayode Exhibit | 2/12/2009 | See Source »

...four-day visit to Pakistan, the nation on Thursday announced that it had initiated trial proceedings against eight suspects and arrested most of those involved in the Mumbai massacre. The announcement, tentatively welcomed in India, will be greeted with relief in Washington, which has been working hard to avert a confrontation and to align the governments of India and Pakistan in a common fight against extremism in the region...

Author: /time Magazine | Title: Will Pakistan Arrests Ease Terrorism Tensions with India? | 2/12/2009 | See Source »

...mind is Colonel Sanders, magazine editors are embodied on screen (see Annette Bening, Candice Bergen, Vanessa Williams and, in the upcoming Shopaholic, Kristen Scott Thomas). And who can forget Meryl Streep's portrayal of a Wintoury editor in The Devil Wears Prada (whose character, by the way, managed to avert a managerial coup)? (See the best magazine covers...

Author: /time Magazine | Title: Wintour of Discontent: Those Vogue Editor Rumors | 1/27/2009 | See Source »

...Citi is now on life support, owing its continued survival to $45 billion--so far--in federal aid. Its beleaguered top-management team is trying to undo most of the 1998 merger with Travelers. And the new Obama Administration is faced with the somewhat conflicting priorities of trying to avert a depression, nurse Citi and other banks back to health and prevent a repeat of the excesses that led to today's troubles--all while taking care that the U.S. government doesn't dig its own financial grave in the process...

Author: /time Magazine | Title: Citibank: Teetering Since 1812 | 1/21/2009 | See Source »

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