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...close our eyes to the danger.' ANGELA MERKEL, German Chancellor, who met with Russian President Vladimir Putin on Oct. 15 to discuss the potential threat posed by Iran

Author: /time Magazine | Title: Verbatim | 10/18/2007 | See Source »

...have won an overall majority if Brown had called a November election. That's a belief shared by the Tories, who are convinced that a later election will benefit their cause. They expect the British economy to stutter, damaging Labour's reputation and, more especially, Brown's - he was Chancellor of the Exchequer for 10 years before becoming Prime Minister, after all. They also want months rather than weeks to woo electors with vote-winning policies such as their planned changes to the inheritance tax, which would raise the threshold to 1 million pounds from the current level...

Author: /time Magazine | Title: Brown's Snap Election: "Never Mind" | 10/6/2007 | See Source »

Labour is entranced with Brown, and like lovers who have just discovered their affections are reciprocated, they can't quite believe their luck. Before the former Chancellor of the Exchequer became Prime Minister in June, large swaths of the party faithful viewed him with trepidation. He'd made a good fist of his 10-year tenure at the helm of the British economy, most agreed, but wasn't he too brainy, too dour to win over the wider electorate...

Author: /time Magazine | Title: Fighting Fit: Labour Party Conference | 9/27/2007 | See Source »

...treaty effectively replaces the defunct EU Constitution, decidedly shot down by French and Dutch voters in 2005. After the rejection by two countries historically favorable to integration, Europe sank deep into institutional crisis. German Chancellor Angela D. Merkel has since pulled off an improbable and impressive political maneuver by drafting a reform treaty that effectively covers all the constitutional bases but is less than explicit about...

Author: By Pierpaolo Barbieri | Title: Wag the Dog | 9/27/2007 | See Source »

...stability in the country's banking sector, it's the job of the Financial Services Authority (FSA) to supervise individual banks. Callum McCarthy, the regulator's chairman, and CEO Hector Sants are now set to appear in front of the parliamentary committee next month. Alistair Darling, the U.K. Chancellor, is expected to show too. Expect the FSA to come in for even more criticism than King, reckons Buik. In the longer term, though, King's banking that the crisis leaves no serious harm done. "Headlines come and headlines go," he said Thursday. "I can't believe...

Author: /time Magazine | Title: Coming Clean On Northern Rock | 9/22/2007 | See Source »

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