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...Papandreou is certainly raising the stakes. Greece's public finances are in a parlous state, and Papandreou says the government must refinance a large chunk of its fast-growing debt - conservatively estimated at 125% of GDP - or risk defaulting on its loans. He wants E.U. leaders to agree once and for all on a financial safety net for his country when they meet for a summit in Brussels on Thursday and Friday. If the E.U. can't come to terms on a rescue plan, he says, Greece will be forced to turn to the International Monetary Fund (IMF) - a move...

Author: /time Magazine | Title: Bailout Showdown: Greece and Germany Raise the Stakes | 3/24/2010 | See Source »

...alumnus—who refers to himself as Noah Feehan/AKA ’03—will install a video performance piece titled “Steak Filter.” The piece involves cooking a chunk of steak while displaying a live video feed of the meat on a monitor next to it. Feehan uses the steak’s conductive properties as a filter for the video signal. The meat itself is used to link the live video to the monitor, and it creates patterns of interference on the display, which gradually change as the meat cooks...

Author: By Matthew C. Stone, CONTRIBUTING WRITER | Title: Museum Houses A Bizarre Bazaar of Animals | 3/23/2010 | See Source »

...Afghan officials put the figure far lower, from $80 million to $100 million. Even at the low estimate, says a Western counternarcotics agent, "that's still enough to fuel the insurgency for a year." Nearly all of the Taliban's drug profits came from Helmand province, and a big chunk came from Marjah...

Author: /time Magazine | Title: Afghanistan's Fix | 3/22/2010 | See Source »

...want seniors to have more help with prescription-drug costs. Second, he says, the worst fears of Americans will never be realized. "Is somebody's elderly parent or relative going to be put to death by a death panel?" he asks. "No. It doesn't exist." Third, a sizable chunk of those who oppose the current bill - roughly 1 in 6 in a January CNN poll - want the bill to be even more liberal...

Author: /time Magazine | Title: Health Care Brawl: Why Obama's Team Thinks It Can Win | 3/18/2010 | See Source »

...indictment, Portillo took three checks in 2000 from the Taiwanese government that were earmarked for Guatemala's Libraries for Peace program and deposited them in an account at Hamilton Bank in Miami that was held by a political supporter and friend. He then allegedly wired a chunk of it to an account at Washington-based Riggs Bank and later to a Paris bank account jointly held by his daughter and ex-wife. Portillo was indicted in New York City because some of the banks and branches he allegedly used were located there. In a statement, Bharara said his office...

Author: /time Magazine | Title: Ex-Guatemala President to Be Tried in U.S. | 3/18/2010 | See Source »

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