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...political drift could have other consequences. Another report, by a panel of E.U. experts advising the Bulgarian government, says Bulgaria is spinning out of Brussels' orbit. As yet unpublished, the report by the International Advisory Board for Bulgaria says Russia could regain its historic hold on the country if political forces and civil society fail to spell out a strong European agenda. It warns that Bulgaria, which depends on Russia for 92% of its gas supplies, is uniquely vulnerable to Moscow. (Read "How One Man Plans to Sink the European Union...

Author: /time Magazine | Title: Could the E.U. Lose Bulgaria to Russia? | 7/22/2009 | See Source »

...pipe dream. Today, he argues, the need for such a grouping is all the more important because the global financial crisis underlines how individual countries, even supremely powerful ones, cannot rely on go-it-alone approaches. "I am acutely conscious of what happens when you simply allow things to drift to unrestrained nationalism," Rudd told TIME. "[I want to] avoid long-term strategic drift, avoid the possibility of America drifting away from Asia." And, as an Australian, he believes he has the power of "a creative middle-power diplomacy [that is] friends of all, enemy of none...

Author: /time Magazine | Title: Mr. World: Kevin Rudd | 7/13/2009 | See Source »

...character that will ensure the generation's own safe passage into adulthood? Think of it this way: the current generation of children, the one watching commitments between adults snap like dry twigs and observing parents who simply can't be bothered to marry each other and who hence drift in and out of their children's lives - that's the generation who will be taking care of us when...

Author: /time Magazine | Title: Is There Hope for the American Marriage? | 7/2/2009 | See Source »

...even at this special refuge within the Amazon, Ecuador’s approaching crossroads looms, a shadow over its mostly optimistic outlook. On the motored canoe ride from Coca to the lodge, several major worksites reveal the presence of oil operations in the region; barges laden with trucks drift by. Oil has been instrumental in Ecuador’s expanding economy, but pursuit of petroleum increasingly puts at risk the country’s most vast and irreplaceable resource—the rainforest...

Author: By Alexander R. Konrad | Title: A Cloudy Future in Ecuador’s Rainforest | 6/26/2009 | See Source »

...arrive at their forecasts, the Deutsche Bank analysts, led by Karen Weaver, assessed several leading variables, with affordability being a key driver. The pronounced decline in home prices across the nation, coupled with a downward drift in interest rates, has greatly improved nationwide affordability, the report noted. Indeed, in some famously overpriced regions that have since corrected, such as Los Angeles and the Riverside-San Bernardino areas of California, affordability is as good now as it has been in decades. That's a big reason that many California areas may see prices fall only an additional 10% or so, despite...

Author: /time Magazine | Title: New York Home Prices Forecast to Drop 40% | 6/16/2009 | See Source »

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