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How ugly? Greece is already scrambling to lower its deficit of nearly 13% to the E.U. ceiling of 3% by the end of 2012 under a European Commission plan to be endorsed on Wednesday. Spain is similarly promising to slash its deficit of 11.4% to just 3% by 2013, although...

Author: /time Magazine | Title: The U.S. Is Not Alone — Europe's in Debt Too | 2/2/2010 | See Source »

Now, the best way to cope with the potential ramifications is to mandate more transparency. If there is to be no ceiling on spending, then voters should claim the right to know which organizations are giving the most money and have the biggest influence. Transparency can grow through more widespread...

Author: By The Crimson Staff | Title: Bring Back Teddy Roosevelt | 1/28/2010 | See Source »

Bettys Cafe Tea Rooms, York Bettys, bettys.co.uk, started out in 1919 when Swiss confectioner Frederick Belmont set up shop in England. The company's flagship store in York (there are five others in Yorkshire) was inspired by the interior of the Queen Mary cruise liner, and is a grand concoction...

Author: /time Magazine | Title: Doing the Cha Cha Cha | 1/28/2010 | See Source »

I saw my BlackBerry fly out of my hand as the blast brought down much of the hotel ceiling all around us. Outside, dust was clogging the air, rising from the homes outside the Hamra, private residences that had crumbled into rubble. As the dust swelled we shuffled into the...

Author: /time Magazine | Title: In the Middle of the Baghdad Hotel Attacks | 1/26/2010 | See Source »

According to recent studies of French business, the power in the country's largest companies is still dominated by a relatively small number of men. A December review by Ernst & Young, for example, found that a mere 98 people control 43% of the voting power on the boards of the...

Author: /time Magazine | Title: France's Boardrooms: Little Diversity at the Top | 1/22/2010 | See Source »

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