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Many of Zimbabwe's old white Rhodesian settlers are just as riveted by the past. They argue that until Mugabe and his supporters give back farms that were appropriated from whites - something no Zimbabwean leader endorses as either practical or just - there is no hope for economic recovery. When that argument is put directly to Mugabe at an investors' conference, the President, 85, answers with a fluent 14-minute history lesson on how Zimbabwe won its independence. The point of this polemic? The responsibility for any problems with land reform, concludes Mugabe, "is a British...

Author: /time Magazine | Title: Can a Team of (Bitter) Rivals Heal Zimbabwe? | 8/3/2009 | See Source »

...Everything about McAfee Coliseum exudes football stadium, from its awkward middle-of-nowhereness to its uncomfortably vast foul territories. But the football mentality also brings out the tailgaters, which is something I certainly haven’t seen much of at either PETCO or Angel Stadium...

Author: By Dixon McPhillips | Title: A FAN FOR SALE PART 3: Who Needs Grade Inflation When You Have a Bunch of A's? | 8/2/2009 | See Source »

...Well, cold cash money doesn't seem to be doing the trick too well either. On Tuesday, July 28, executives from firms such as Citigroup, JPMorgan Chase and Wells Fargo were invited to a meeting at the Treasury Department for a little pep talk about increasing the number of loan modifications. Officials at Treasury, along with the Department of Housing and Urban Development (HUD; co-host of the head-knocking session), have been underwhelmed by the rewrites. The government's original goal was to get more-affordable monthly payments to 3 million to 4 million borrowers. As of mid-July...

Author: /time Magazine | Title: Why the Banks Aren't Modifying Home Loans | 7/30/2009 | See Source »

...year-old Spanish worker and I belong to "Generation Disappointment" [July 20]. I have a badly paid job which does not fit with either my studies or my expectations. The global crisis has hit Spain especially hard but we should have seen it coming. The Spanish obsession with buying property has also helped to drive us where we are now. That is the reason why, unlike most people, my husband and I have decided to rent an apartment on the outskirts of Madrid. We are happy with our decision: it gives us more time to save for a mortgage...

Author: /time Magazine | Title: Hope for the Future | 7/30/2009 | See Source »

...health-care delivery and supportive of reform in principle. Forty-six percent of respondents said it was "very important" that Congress and the President pass major health reform in the next few months, and an additional 23% said it was "somewhat important." Only 28% found the immediate effort either not very or not at all important. In a separate question, more Americans said it would be better to pass "major reform" to health care (55%) rather than "minor adjustments...

Author: /time Magazine | Title: TIME Health-Care Poll: Americans Back Reform, Worry Over Details | 7/29/2009 | See Source »

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