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For the first time since the 1970s, Britons may find themselves ruled by a minority government. Back then, Labour's pact with the smaller Liberal Party proved short-lived, and the government eventually fell to a no-confidence motion. Britain's third party now has a longer name - the Liberal...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

Brown bears some of the responsibility for the economic mess: he was Chancellor of the Exchequer under Blair and has been Prime Minister since 2007. But he has deflected blame to global pressures and has made political hay of his rival's lack of experience. "This is no time for...

Author: /time Magazine | Title: Deep Funk: Why Britain is Feeling Bleak | 3/29/2010 | See Source »

The E.U. also refined its giant single market, created a new world currency, and introduced elements of a common foreign policy under the leadership of Javier Solana. We are not only the strongest economic union in the world but also the main source of aid for developing countries. Thus, the...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

Europe's commitment to human rights, the empowerment of women, combating child labor, civil rights, freedom of speech, and the protection of natural resources is not just a Western hobbyhorse. These are universal values derived from the ancient wisdom of Hindus, Buddhists, Muslims, Jews and Christians, and are based on...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

How could it be possible that "the peaceful continent" and "the most generous donor of development aid in the world" fails to exist on the world stage? Its success in building "an attractive social, economic and political model" is no accident. It rose from a somber period in human history...

Author: /time Magazine | Title: Europe Speaks Back | 3/29/2010 | See Source »

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