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...World Bank said it first: in 2009, the global economy will contract for the first time since World War II. That's the banner headline of the international financial group's March 9 report, but, particularly for developing countries, the devil runs rampant through the details. (Really, when a report is titled "Swimming Against the Tide," you know there's not much good news forthcoming.) The World Bank paints a downright dismal picture of the growth prospects for developing countries, which are just now beginning to feel the full repercussions of the credit crisis that started in the United States...

Author: /time Magazine | Title: The Economic Crisis and the Developing World | 3/10/2009 | See Source »

...copies a day on average, down 21,500 from the same period in 2007. Daily readership of the newspaper alone has dropped by close to half since 1997. Two years ago, in what seems a surprising lack of team spirit, the VG Nett folks strung a triumphal banner across their offices when online readership surpassed print readership: "Storre enn mor!" (Bigger than...

Author: /time Magazine | Title: Turning the Page: The News on Europe's Newspapers | 2/19/2009 | See Source »

Bush, George W. • investigation of in connection with wiretapping, politicizing of the Justice Department, and, of course, torture, is fervently desired by the two-thirds of the population less willing than Obama to let bygones be bygones • South African TV station erroneously runs moving banner headline reporting the death...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 2/13/2009 | See Source »

...support for his stimulus package (tentatively titled H.R. God, I Hope This Works) the rapture surrounding his anointment as Savior of America has been tempered by the emergence of a far less attractive mantra than Hope: Responsibility.That Pepsi has attempted to tie itself in recent months to the banner ideals of the former-Senator’s campaign, then, is both entirely logical and slightly confusing. While for decades the brand has touted itself as the “alternative” soda, the beverage of choice for whatever letter generation the day’s youth happens to have...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Pepsi Calls for Responsibility | 2/12/2009 | See Source »

...battle insurgents in 2007 - cooled down after preliminary election results showed them in second place - but well ahead of the alleged offending party. "The results are for us acceptable," said Hekmat Salman al-Ayida, a candidate for the provincial council for Anbar running under the Awakening movement's banner. The tense days, however, showed that armed retaliation for purported wrongs, remains an option for many Iraqis. The prospect of war still hovers over the country, despite the significant drop in violence. (See pictures of U.S. troops' 5 years in Iraq...

Author: /time Magazine | Title: A Quiet Election Masks the Iraqi Option for Violence | 2/8/2009 | See Source »

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