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On Feb. 17, after almost a decade of legal limbo and two years of unsuccessful international mediation, Kosovo declared its independence from Serbia. The U.S. moved swiftly to recognize the new country, and nearly 2 million ethnic Albanians celebrated their long-awaited freedom, dancing in city streets, releasing fireworks and...

Author: /time Magazine | Title: Ghosts of Kosovo | 2/29/2008 | See Source »

Second, the 27-country E.U., which is bitterly divided over Kosovo, lacks an overarching defense or security vision. After Kosovo declared independence, Britain, France and other countries offered recognition, while Spain, Romania, Greece, Cyprus, Bulgaria and Slovakia refused to do so. Keeping peace in Kosovo will require European nations to...

Author: /time Magazine | Title: Ghosts of Kosovo | 2/29/2008 | See Source »

Over the past few months, we have heard banker after Wall Streeter after mortgage lender declare that market conditions are the worst since they got into the business. Some go even further. "The worst market crisis in 60 years," pronounced investor George Soros. "The worst financial crisis since 1931," declared...

Author: /time Magazine | Title: Visa Charges On | 2/29/2008 | See Source »

His vaulting academic pedigree notwithstanding, he popularized among conservatives a polished and somehow posturing anti-intellectualism, caricaturizing his leftist opponents as effete and overly-cerebral nincompoops, and succeeding at it. He famously declared that he would “rather entrust the government of the United States to the first...

Author: By David L. Golding | Title: The End of an Era | 2/28/2008 | See Source »

With just over a week to go before the Ohio primary, Bill Clinton's arrival in Chillicothe was greeted as a homecoming of sorts. More than a few in the audience at the college gym could remember the first time he came to the city. It was 15 years before...

Author: /time Magazine | Title: Bill Clinton: The Bitter Half | 2/28/2008 | See Source »

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