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...become Universal following a merger with MCA. Eventually, under the tutelage of Doug Morris, the Universal chief executive he'll be replacing, Grainge rose to run the company's U.K. headquarters and then its international operations. As EMI has faltered in recent years, he has become a key force behind helping British acts break into the U.S. market, most notably, the troubled Winehouse. (Read a TIME profile of Amy Winehouse...
...based in Newport Beach, Calif., and manager of the world's biggest bond mutual fund, is warning investors that Britain's stratospheric debt load is resting on a bed of uncertainty comparable to "nitroglycerin." If Britain is receiving such harsh criticism from money managers, can the U.S. be far behind...
There were a lot of factors behind these two distinct survival profiles - the most significant being time. Most shipwrecks are comparatively slow-motion disasters, but there are varying degrees of slow. The Lusitania slipped below the waves a scant 18 min. after the German torpedo hit it. The Titanic stayed afloat for 2 hr. 40 min. - and human behavior differed accordingly. On the Lusitania, the authors of the new paper wrote, "the short-run flight impulse dominated behavior. On the slowly sinking Titanic, there was time for socially determined behavioral patterns to reemerge...
...down on insurgents and improving security in much of the country. Before Uribe was first elected, "there was a real lack of capacity of the state, and that problem is not as serious as it was eight years ago," says Shifter. Uribe's supporters say that Uribe will leave behind a government more capable of tackling new challenges, including a problematic economy, growing urban crime and rearming paramilitary groups. (See the disturbing resurgence of crime in Medell...
...July, and the remaining support troops and training personnel will leave by the end of 2011. The Obama White House, which needs extra soldiers for its expansion of the war in Afghanistan, is committed to that timetable and optimistic about the country that they will leave behind. But on the streets of Baquba, it seems that the goal of a stable, independent and somewhat democratic Iraq has yet to be achieved...