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...that the "downturn forced Labour to dump its tarnished rule" and splurge on public spending is generous, to say the least [June 22]. Gordon Brown spent his years as Chancellor spending beyond his means - even as the country seemed to prosper - and desperately breaking Labour's manifesto promise not to raise tax rates to cover his tracks. The severity of Britain's current recession can surely be partly blamed on years of recklessness and a failure to prepare for the slightest possibility of less sunny days to come. The "golden rule" was a cipher from the beginning of the Labour...

Author: /time Magazine | Title: Labour in Trouble | 7/9/2009 | See Source »

...meetings, which serve as the build-up to the mid-year three-day event attended by the major players. As this year's G-8 president, Italian Prime Minister Silvio Berlusconi has the honor of hosting Canada's Prime Minister Stephen Harper, France's President Nicolas Sarkozy, Germany's Chancellor Angela Merkel, Japan's Prime Minister Taro Aso, Russia's President Dimitri Medvedev, U.K.'s Prime Minister Gordon Brown and the U.S.'s President Barack Obama in L'Aquila, the town hit by a horrific earthquake in April. But the G-8 summit is not, and never has been...

Author: /time Magazine | Title: The G-8 | 7/8/2009 | See Source »

Brett C. Sweet, dean of administration and finance for the Faculty of Arts and Sciences, will leave Harvard in late July to assume the role of Vice Chancellor and Chief Financial Officer at Vanderbilt University, FAS Dean Michael D. Smith announced Thursday morning...

Author: By Bonnie J. Kavoussi and Esther I. Yi, CRIMSON STAFF WRITERS | Title: FAS Finance Dean To Depart After Less Than A Year | 7/3/2009 | See Source »

...very least the bill's passage will help American negotiators at the upcoming U.N. climate summit in Copenhagen, where the world will try to put together a successor to the expiring Kyoto Protocol. Speaking with Obama at the White House today, German Chancellor Angela Merkel said that the bill represented a "sea change" for the U.S., so long a world pariah on climate change. "I would not have thought it possible a year ago," she added. But the bill's emissions cuts still fall far short of what the European Union has proposed, and are even further away from...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

...Sarkozy's nature to be plain-speaking and tough, and that's played well domestically. His popularity has dropped recently, so his stance on the importance of free elections plays well. It does for Merkel too, as it distinguishes her from [Social Democrat Foreign Minister and Vice Chancellor] Frank-Walter Steinmeier, who has been more measured in his response...

Author: /time Magazine | Title: Why Europe Is Talking Tougher than Obama on Iran | 6/22/2009 | See Source »

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