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In what is being billed as the largest military operation in Afghanistan since the U.S.-led invasion in 2001, 20,000 coalition troops are set to invade Marja, a Taliban stronghold in the country's southern Helmand province. The offensive will target Taliban fighters who for years have holed up...

Author: /time Magazine | Title: The World | 2/22/2010 | See Source »

After a decade of overspending, Greece has fallen into a debt crisis. The country--which along with Portugal, Ireland, Italy and Spain is a member of the so-called PIIGS group of troubled European economies--is carrying a deficit close to 13% of GDP, more than four times the E.U...

Author: /time Magazine | Title: The World | 2/22/2010 | See Source »

Tyler Perry has for years operated in something of an alternate theater universe. Though best known for his hit movies (starting with Diary of a Mad Black Woman in 2005), top-rated TV series (TBS's House of Payne) and friendship with Oprah Winfrey (with whom he produced the Oscar...

Author: /time Magazine | Title: Tyler Perry's Big Happy Family | 2/22/2010 | See Source »

Greece suddenly found itself with a solid, reliable currency. Its government and businesses could borrow at lower interest rates than before. The country boomed, with real GDP growth topping 3.8% for eight straight years. (During the same 2000-07 run, U.S. GDP growth never hit 3.7%; Germany didn't make...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

The reality was more complicated. Greece now had a solid currency--but it wasn't Greece's currency. The euro was managed by monetary wonks at the European Central Bank in Frankfurt for whom the Greek economy was but a blip. And the decision makers in Athens with responsibility for...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

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