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...Review, published in March - assigned such funds only a peripheral role in the tumult. National politicians have been quick to come to their defense. "It is not private equity that caused the crisis, nor hedge funds," Mats Odell, Sweden's financial markets minister said earlier this month in the context of the E.U.'s proposals. "But in some countries, the political debate portrays [them] as the problem." Paul Myners, a British government minister with responsibility for the U.K.'s financial-services sector - home to 80% of Europe's roughly $400 billion in hedge-fund assets - accused other E.U. governments July...

Author: /time Magazine | Title: Should Hedge Funds Face Harsher Regulation? | 7/8/2009 | See Source »

...you’re a child, 15 or 16 or 17 years old, and you’re helping your family to survive—well, what is a child in this context?” said Marie Louise Janssen, a lecturer on cultural anthropology at the University of Amsterdam who teaches a course called “The Commodification of the Human Body. “If it’s the difference between surviving and not surviving, who am I to say that you should not be allowed to help yourself...

Author: By Ahmed N. Mabruk | Title: Red Light | 7/8/2009 | See Source »

...contrast to my time in Boston, where I have just about figured out that Red Sox means baseball, my appreciation for the generally unacknowledged pleasure of shared context was quite tremendous...

Author: By Olivia M. Goldhill | Title: Home & Away | 6/26/2009 | See Source »

There is such security in familiar cultural references - those passing comments that so naturally pepper conversations, but that I only began to notice in the foreign context of Harvard, where casual allusions are strange and alien. In London, stripped of my “English” accent, I escape the differences cultivated by national culture, and revolve in a landscape that—compared to eternally confusing America—seems to reflect my every perception...

Author: By Olivia M. Goldhill | Title: Home & Away | 6/26/2009 | See Source »

...wider Middle East - Washington announced on June 24 plans to return an ambassador to Syria for the first time in four years - and the specific offer of talks with Tehran "has wrong-footed the regime," says Adam Hug, policy director at London's Foreign Policy Centre. In that context, "Britain's closeness to the U.S. enables it to be used as a proxy - 'Little Satan' to America's 'Great Satan...

Author: /time Magazine | Title: Has Britain Replaced the U.S. as Iran's 'Little Satan'? | 6/26/2009 | See Source »

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