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Will the ECB begin to act more like the U.S. Federal Reserve and cut fast and deep? While it has flooded European markets with cash in recent months in an effort to revive the interbank lending market, it has not engaged in the purchase of assets from banks like the Fed. Trichet said the ECB has the power to do so, but is not showing his hand...

Author: /time Magazine | Title: Is Europe's Central Bank Missing the Crisis? | 12/4/2008 | See Source »

...benefits only begin there. When added to thin and acidic soil of the kind found in much of South America and Africa, char produces higher agricultural yields and lets farmers cut down on costly, petroleum-heavy fertilizers. Subsistence farmers seeking better soil have traditionally relied on slash-and-burn agriculture, which generates greenhouse gases and decimates forests. If instead those farmers slow-smoldered their agricultural waste to produce charcoal - in effect, slash-and-char agriculture - they could fertilize existing plots instead of clearing more land. This in turn would reduce emissions in the atmosphere, and so on in a virtuous...

Author: /time Magazine | Title: Carbon: The Biochar Solution | 12/4/2008 | See Source »

...SMOOTH START Keep your fist loose as you begin to swing, says De La Hoya. Tension just slows you down and tires...

Author: /time Magazine | Title: A Free Boxing Lesson With: Oscar De La Hoya | 12/4/2008 | See Source »

...this on the press and the law, in a speech yesterday. Sunstein, whose lecture was in honor of his recent appointment as the Felix Frankfurter Professor of Law, surmised that in an information age when not all sources can be trusted, especially on the Internet, the public will begin “triangulating” its sources, not believing in any one, trusted source, but rather trying to identify the truth through the analysis of a number of outlets. “Much more thinking needs to be done both on the empirical side and in terms of the appropriate...

Author: By Wendy H. Chang and Paul C. Mathis, CONTRIBUTING WRITERSS | Title: Sunstein Analyzes Internet Sources | 12/4/2008 | See Source »

...first time the President and his Sunni and Shi'ite deputies in the presidential council have publicly chastised Maliki over the tribal gatherings. In late November, they demanded that Maliki suspend the pro-government groups until their legality could be determined. "For us to begin today to form councils paid for by the national budget to assume a role that has no known institutional or legal place, this is a situation that needs a serious pause," the council said in a statement posted on its website. The Prime Minister's critics say the so-called Support Councils are a blatant...

Author: /time Magazine | Title: Iraq's al-Maliki Faces Challenge Over Power Grab | 12/3/2008 | See Source »

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