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Every morning Alexander Vesna, 63, makes the same journey to his bank in the center of Kiev. He stands in line for five or six hours before he is allowed to take out a maximum of 300 hryvnia ($35). "It's my money," he says. "But they won't let me have...

Author: /time Magazine | Title: Political Fights Sour Ukraine Economy | 3/6/2009 | See Source »

...filling the city's coffers, such as charging entrance fees to cemeteries. And this is only the beginning: A recent KIIS survey revealed that 41% of Ukrainians are ready to hit the streets. "There is a crisis of trust in the authorities," says Volodymyr Fesenko, director of the Penta Center for Applied Political Studies in Kiev. "There is a risk of a chain reaction leading to what happened in Riga," he adds, referring to when angry Latvians, protesting their government's handling of the crisis, tried to storm parliament in January...

Author: /time Magazine | Title: Political Fights Sour Ukraine Economy | 3/6/2009 | See Source »

Young's story is just one of 20 featured in an ACS report that details the diverse experiences of some of the callers to the center, calls that have doubled in number since last summer as the economy has slumped, according to McCourt. "It became clear to the board of the American Cancer Society that unless we got people insured, we were not going to be able to reduce [cancer] incidence and mortality in this nation," says Christy Schmidt, senior policy director of the ACS. "If you can fix the system for cancer patients, we believe...

Author: /time Magazine | Title: Cancer and Insurance: Who Do You Call? | 3/5/2009 | See Source »

...earmarked spending. And sure, many of the controversial earmarks in the current budget bill do sound porky, like $332,500 for a school sidewalk in Franklin, Texas, or $75,000 for a Totally Teen Zone in Albany, Georgia. McCain has twittered snide comments about $2.1 million for the Center for Grape Genetics ("quick peel me a grape"), $209,000 to improve blueberry production and efficiency in Georgia, $1.7 million for pig odor research in Iowa. But those earmarks sound porky because they sound wasteful, not because they were earmarked; if a Department of Education bureaucrat had approved that...

Author: /time Magazine | Title: Obama's Budget: Earmarks Aren't the Real Problem | 3/5/2009 | See Source »

...center of the drama is Maria-Elisabeth Schaeffler, 67, the grande dame of one of Germany's richest industrial clans. Last year she spearheaded her car-component company's dramatic 12 billion euro ($16 billion) takeover of a larger rival that left most of Germany breathless - but not quite with admiration. Such buyouts had more often been associated with predatory foreigners (e.g., Americans) than with fellow Germans. The audacious bid smacked of hubris to many Germans and angered labor unions, who warned that the Schaeffler Group was biting off more than it could chew. Indeed, it soon came under immense...

Author: /time Magazine | Title: German Company Seeking Bailout Is Tied to Auschwitz | 3/5/2009 | See Source »

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