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...Monday, McDonald's confirmed earlier press reports that it will spend about $1.1 billion - more than half its total global investment funding in 2009 - to revamp scores of existing restaurants in Europe and open 240 new ones there. That effort will not only focus on relatively new markets in Eastern Europe like Russia and Poland, but also sink roots deeper in West European nations like Italy, Spain and France - generating about 12,000 badly needed new jobs in the process. As part of that expansion plan, McDonald's says it will add about 400 new McCaf...

Author: /time Magazine | Title: Supersizing Europe: The McDonald's Stimulus Plan | 1/26/2009 | See Source »

Insurgent activity persists in eastern and northern Iraq, and almost every day Baghdad still shakes with bomb explosions. Whether this lingering violence will rise as U.S. forces pull out remains the great unknown. Iraqi security forces are more numerous and stronger than they have been since the U.S. military started building them up roughly six years ago, and they may be able to hold back the lingering insurgent movement...

Author: /time Magazine | Title: How Soon Is Too Soon to Leave Iraq? | 1/26/2009 | See Source »

...take many of the detainees, it will fall to the Justice Department to decide where the rest of them will be held and tried. Since 9/11, federal courts have convicted 145 people on international terrorism charges vs. just two convictions from Guantánamo's military commissions. The eastern district of Virginia and southern district of New York have a great deal of experience with terrorism trials...

Author: /time Magazine | Title: Obama Orders Gitmo Closed. Now the Hard Part | 1/22/2009 | See Source »

Michaël Zenevre, general manager of AGCP, a 14-employee advertising and marketing company located near the city of Nancy in North-Eastern France, agrees. Zenevre says he doesn't plan on dumping the 35-hour arrangement anytime soon even though the shorter week initially hurt his and other companies financially and required long and often acrimonious negotiation with workers...

Author: /time Magazine | Title: Why France's 35 Hour Week Won't Die | 1/22/2009 | See Source »

...reflects a serious commitment by the new administration to addressing the Arab-Israeli crisis. He has real negotiating experience in Northern Ireland and the Middle East and he understands the requirements of both sides." - Aaron David Miller, a U.S. negotiator steeped in Middle Eastern diplomacy, on Mitchell's appointment...

Author: /time Magazine | Title: Middle East Envoy George Mitchell | 1/22/2009 | See Source »

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