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...party as the champion of the Mittelstand, Germany's formidable family-owned companies. "When a big company gets into difficulty, the German eagle comes to the rescue. When a Mittelstand company gets into trouble, the vultures circle," Westerwelle said in May. His recipe for growth: encourage private investment and cut taxes. "You can sign 100 stimulus programs but if investing doesn't gain momentum, the economy won't get better," he says...

Author: /time Magazine | Title: Guido Westerwelle, Germany's Mittelman | 9/7/2009 | See Source »

...before al-Megrahi was released. Scotland may have had jurisdiction over the case, but British opposition politicians blamed Gordon Brown's government for its handling of the case. Victims' families and lawyers say they suspect that officials, eager to help British companies win multibillion-dollar energy and defense contracts, cut a backroom deal in exchange for al-Megrahi's freedom...

Author: /time Magazine | Title: Spotlight: The Lockerbie Bomber | 9/7/2009 | See Source »

...unusual experiment. A year ago, the Beehive State became the first in the U.S. to mandate a four-day workweek for most state employees, closing offices on Fridays in an effort to reduce energy costs. The move is different from a furlough in that salaries were not cut; nor was the total amount of time employees work. They pack in 40 hours by starting earlier and staying later four days a week. But on that fifth (glorious) day, they don't have to commute, and their offices don't need to be heated, cooled...

Author: /time Magazine | Title: The Four-Day Workweek Is Winning Fans | 9/7/2009 | See Source »

...been deemed so successful that a new acronym could catch on: TGIT (thank God it's Thursday). The state found that its compressed workweek resulted in a 13% reduction in energy use and estimated that employees saved as much as $6 million in gasoline costs. Altogether, the initiative will cut the state's greenhouse-gas emissions by more than 12,000 metric tons a year. And perhaps not surprisingly, 82% of state workers say they want to keep the new schedule. "It's beneficial for the environment and beneficial for workers," says Lori Wadsworth, a professor at Brigham Young University...

Author: /time Magazine | Title: The Four-Day Workweek Is Winning Fans | 9/7/2009 | See Source »

...politics is poker, the best players know when to double down and when to cut their losses. For Italian Prime Minister Silvio Berlusconi, a sex scandal that had dogged him for months seemed to be finally quieting by late July. Though his reputation was stained, his popularity was solid and it seemed time to put the controversy behind him and get back to trying to run the country...

Author: /time Magazine | Title: An Offended Berlusconi Goes on the Offensive | 9/6/2009 | See Source »

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