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...resignation, former Archbishop Desmond Tutu - alongside Mandela, the country's principal voice of conscience - said he was "deeply disturbed" at the way in which recent events showed that the nation "has been subordinated to a political party." Tutu noted, however, that "even the most powerful parties bite the dust at some point." The ANC will always claim an honored place in the history of South Africa, and of its people's fight for freedom. But Tutu's comments reveal a nation impatient for its ruling party to mature into something more appropriate for a continent's leading democracy...

Author: /time Magazine | Title: The Moment: Johannesburg | 9/25/2008 | See Source »

...travel. As ice formed in Greenland, year after cold year, bits of atmosphere were trapped in the layers. Drilling into the ice and fishing out samples--ice cores--that contain tiny bubbles of that ancient air can reveal the temperature, the concentration of greenhouse gases, even the ambient dust from the year that layer was formed. It's like tree rings but for climatic history. "In order to predict the future, we have to understand the past," says Minik Rosing, a geologist at the University of Copenhagen...

Author: /time Magazine | Title: Unfrozen Tundra | 9/25/2008 | See Source »

...other convention in Minneapolis had its own eyebrow-raising moments. You may think equating opposition to a war with some fanciful will to surrender is a trick so old it must be collecting dust away from the top levels of American politics. If so, Senator Lindsey Graham proved you wrong, when he announced: “Barack Obama’s campaign is built around us losing in Iraq.” It may be a red-meat line to the base, but this is certainly not a fact...

Author: By Jan Zilinsky | Title: Truth on a Diet | 9/21/2008 | See Source »

...Uncle Sam Steps Back In The market lost faith in AIG too, but the government was forced to save it. A major reason is that AIG is one of the creators of the aforementioned credit-default swaps. What are those, you ask? They're pixie-dust securities that supposedly offer insurance against a company defaulting on its obligations. If you buy $10 million of GM bonds, for instance, you might hedge your bet by buying a $10 million CDS from AIG. In return for that premium - which changes day to day - AIG agrees to give you $10 million should...

Author: /time Magazine | Title: How Financial Madness Overtook Wall Street | 9/18/2008 | See Source »

...packed slate of non-conference matchups, but also as Baskind’s coming-out party at Ohiri Field. She assisted on Wylie’s goal just 10 minutes into the game, but was just getting started. With a burst of speed that left Wildcat defenders in the dust, she set up a beautiful shot from the left side that found net and gave the Crimson a 2-0 first-half advantage. Just like that, Harvard’s newest star was born. “She has such tenacity and she works hard all game...

Author: By Emily W. Cunningham, CRIMSON STAFF WRITER | Title: AOTW: Rookie Leaves Mark In Opening Weekend | 9/15/2008 | See Source »

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