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...message in Berlin last week when German President Horst Köhler agreed to dissolve parliament, paving the way for a snap election, expected on Sept. 18. "The people should be able to decide the future policies of our country," Köhler said. Chancellor Gerhard Schröder will be pleased - he engineered the poll by deliberately losing a confidence vote in parliament on July 1 - but at least two parliamentary deputies plan to challenge Köhler's decision in the Constitutional Court. If the election does take place, conventional wisdom is that Schröder will lose...

Author: /time Magazine | Title: Balance Of Power | 7/24/2005 | See Source »

...ntefering likened Blackstone and other private-equity groups to "swarms of locusts" that fall on companies and devour all they can before moving on. "Some financial investors don't waste any thoughts on the people whose jobs they destroy," said Müntefering, who is chairman of Chancellor Gerhard Schröder's Social Democratic Party (SPD) and who promised to fight against what he called this "anonymous, faceless" form of capitalism...

Author: /time Magazine | Title: Buyout Mania | 7/18/2005 | See Source »

...notable defenders, the bad press was such that the show's curator, Marcia Tucker, eventually lost her job. Hilton Kramer, who was then the unappeasable critic of the New York Times, dismissed Tuttle with a few lines that followed the artist around for years. Playing off Ludwig Mies van der Rohe's famous directive that less is more, Kramer announced that "in Mr. Tuttle's work, less is unmistakably less ... One is tempted to say that, so far as art is concerned, less has never been as less as this...

Author: /time Magazine | Title: Art: The Man of Small Things | 7/10/2005 | See Source »

...with the idea for the Africa Commission that Blair enthusiastically implemented, laying out a detailed program for reform. With the precision of a wizened diplomat, Bono has learned to modulate between gut-wrenching appeals to conscience and public back-pats for leaders like German Chancellor Gerhard Schröder who face flak for coughing up too much for Africa. This co-dependency is getting practical results: to start with, some $40 billion in debt relief has been announced, with campaigners hinting that a deal is in the works for a substantial boost in aid to Africa to be uncorked...

Author: /time Magazine | Title: They're Playing His Song | 6/26/2005 | See Source »

...After Schröder's party was severely beaten in North Rhine-Westphalia, a Social Democratic stronghold for 39 years, and was suffering its lowest approval ratings since World War II, Schröder should have resigned gracefully. Instead, he decided to call a snap election. Nevertheless, there are two possible outcomes. Either Schröder will be re-elected or he will discover, like King Canute, that even he cannot turn back an incoming tide. Joshua Selig Dorset, England...

Author: /time Magazine | Title: Letters | 6/24/2005 | See Source »

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