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R. Taggart Murphy, a professor at the University of Tsukuba's business school in Tokyo, points to a now familiar Keynesian solution to deflation: more fiscal stimulus. But he says additional government spending is constrained by the country's already high debt load, which is approaching 200% of GDP. "Even...

Author: /time Magazine | Title: Japan's Latest Economic Ailment: Deflation | 11/20/2009 | See Source »

The campaign staff originally thought third place was the best it could hope for in the Democratic primaries, Plouffe said.

Author: By Kathryn C. Reed, CONTRIBUTING WRITER | Title: Plouffe Promotes Book On Campaign Strategy | 11/19/2009 | See Source »

But for Craig, it turned out to be a Pyrrhic victory. Four days later, former Vice President Dick Cheney attacked Obama on Fox News Channel for dismantling the policies he and Bush had put in place to keep the country safe. More significant was the reaction within Obama's camp...

Author: /time Magazine | Title: The Fall of Greg Craig, Obama's Top Lawyer | 11/19/2009 | See Source »

For many, the behind-the-scenes negotiations run counter to the Lisbon Treaty, which is meant to make the E.U. a more efficient, transparent and democratic system. Former Latvian President Vaira Vike-Freiberga, one of the few declared candidates for the presidency, said last week that the machinations over the...

Author: /time Magazine | Title: An E.U. Election Without Candidates (or a Vote) | 11/18/2009 | See Source »

In time, the E.U. may well develop the structures for a more democratic process. Under the Lisbon Treaty, the new President will have a term of 2½ years. If the person selected by E.U. leaders on Thursday wants to run again, there will undoubtedly be pressure for him or...

Author: /time Magazine | Title: An E.U. Election Without Candidates (or a Vote) | 11/18/2009 | See Source »

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