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...mutual admiration when the U.S. Senate welcomes back one of its former members for a hearing. But when former Vice President (and Senator) Al Gore showed up today to testify at the Senate Foreign Relations Committee, the event was a full-blown lovefest. New Senate Foreign Relations Committee chairman John Kerry expressed his deep respect for Gore's post-Senate career and noted in an aside, "It's well-known that we have a certain political experience in common." (Hint: it doesn't involve winning.) Christopher Dodd hailed Gore as having been for years a "lonely voice in the wilderness...

Author: /time Magazine | Title: Gore in the Senate: A More Receptive Audience Now | 1/28/2009 | See Source »

...come by. Worries over Britain's fast-shrinking economy, plunging interest rates, a wobbly banking sector and creaking government finances have driven traders to dump the pound. "I would urge you to sell any sterling you might have," Jim Rogers, once a business partner of George Soros and now chairman of a Singapore investment company, told Bloomberg on Jan. 20 just before the pound hit a 23-year low. "I hate to say it, but I would not put any money in the U.K." (See pictures of the financial crisis in London...

Author: /time Magazine | Title: The Proud Pound's Fall from Grace | 1/27/2009 | See Source »

...kitty, while Sen. Jack Reed, a Rhode Island Democrat, and other Senators wanted to ante up another $50 million. This year, the House approved an SEC budget of $928 million, while the Senate approved $938 million, a 2% to 3% increase, which is greater than the 1% hike former chairman Christopher Cox requested from the 2008 budget of $906 million. The final budget, part of the government's "Continuing Resolutions," has yet to be approved...

Author: /time Magazine | Title: Can Mary Schapiro Revitalize the SEC? | 1/27/2009 | See Source »

...Then again, most publications are on an advertising diet. And Condé Nast's official position on Anna's employment is unambiguous. "This is something both [chairman] Si Newhouse and Anna Wintour have blankly denied," says spokesman Patrick O'Connell. But still the stories persist. Replacement names are bandied about: Carine Roitfeld from French Vogue is a favorite, with Amy Astley from Teen Vogue as a dark filly. The most recent reports are that all the rumors are merely the result of jostling during new contract negotiations between Wintour and Newhouse. (Read a 1988 TIME article about Wintour...

Author: /time Magazine | Title: Wintour of Discontent: Those Vogue Editor Rumors | 1/27/2009 | See Source »

Burns Night procedure is highly structured. After the guests arrive and take their seats at the table, the chairman (what? don't your dinner parties have a chairman?) asks them to stand and receive the haggis. Everyone rises as the entrée of entrails - haggis is made by stuffing a sheep's heart, liver and lungs along with oatmeal and spices into the stomach lining, so that it looks like an oddly distended football - arrives on a platter, usually with a bagpipe band following behind. Someone then gives a boisterous rendition of one of Burns' poems, "Address to a Haggis...

Author: /time Magazine | Title: Burns Night | 1/25/2009 | See Source »

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