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Here is how Grameen is trying to establish one: on a Thursday afternoon, Medina and 10 borrowers gather in Ziomara Suarez's apartment in the northern prong of Manhattan. As the borrowers - all women, all immigrants - pack into a room with shelves full of the herbal health remedies Suarez sells, they each hand Medina a small blue ledger with a loan payment tucked inside. If any one of the women doesn't pay her weekly installment, credit will be cut off to the entire group - stunting the small businesses they've each developed. Collateral and credit scores may be missing...

Author: /time Magazine | Title: Can Microfinance Make It in America? | 1/11/2009 | See Source »

...about that "half of the Kingston Trio"... When founder Dave Guard left the group in 1960, John Stewart replaced him, joining Nick Reynolds and Bob Shane. The Trio was a late-'50s chart sensation that helped establish the album, not the single, as the unit of pop music. Reviled and/or envied by purists, the group nonetheless got a myriad of kids hooked on traditional music. They were the training wheels of the folk movement, and kept wearing their smiles and striped shirts for decades as a tribute band to themselves. Reynolds was 75, Stewart...

Author: /time Magazine | Title: Richard Corliss's 2008 Entertainment Death Reel | 1/10/2009 | See Source »

...much as any other nation on earth, Israel is based on a dream: the aspiration to establish a home for the Jews in the birthplace of their ancestors. To a remarkable extent, that dream has been fulfilled, as Israel has grown into the most modern and democratic country in the Middle East and a dependable American ally. A strong, confident Israel is in America's interest, but so is one that can find peace with its neighbors, cooperate with the Arabs to contain common threats and, most important, reach a just and lasting solution with the Palestinians. But accomplishing...

Author: /time Magazine | Title: Can Israel Survive Its Assault on Gaza? | 1/8/2009 | See Source »

...adversary, Iran, where he met with Iranian President Mahmoud Ahmadinejad and Supreme Leader Ayatullah Khamenei. According to Iranian state news agency IRNA, Khamenei told al-Maliki on Sunday that the U.S. presence in Iraq was the root cause of terrorism, and that the U.S. seeks to establish a permanent base there to dominate the region. He urged further political and economic cooperation with Iran...

Author: /time Magazine | Title: Opening Day for Enormous New US Embassy in Iraq | 1/5/2009 | See Source »

...forth battle to a blowout.With the team having already rallied twice to get within one goal of the Lakers, Simon Gysbers and Fred Cassiani beat freshman goalie Matt Hoyle in a 91-second span.“In general, our offense starts from our zone, and if we can establish a defense mindset, the offense will come,” Biega said. “Because we’re lacking on defense, we didn’t execute the simple passes in our own zone.”At this point, Harvard coach Ted Donato...

Author: By Robert T. Hamlin, CRIMSON STAFF WRITER | Title: Early Momentum Doesn’t Carry Through | 1/4/2009 | See Source »

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