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...cratered and some private Russian banks wobbled, the official Kremlin line was: "This is primarily an American issue." Finally, on Nov. 20, Putin admitted that Russia, too, was in trouble. Announcing a $20 billion economic-stimulus package and an increase in unemployment benefits, he said Russians were asking "a fair question" when they wondered about what was happening. His answer: "We will do everything, everything in our power ... so that the collapses of the past years should never be repeated in our country." Says Alexander Kliment, a Russia analyst at the Eurasia Group in New York City: "The Russian leadership...

Author: /time Magazine | Title: Russia's Big Chill | 12/11/2008 | See Source »

French Architect Jacques Ferrier is a big fan of concrete. He has used it extensively in his latest work, including his design of the French pavilion for the 2010 World's Fair in Shanghai, and believes it has strong aesthetic appeal. "It has a sensuality," he enthuses. "It evokes images of white minerality." Most of all, Ferrier praises concrete for its environmental friendliness. One of his concept projects is Hypergreen, a showcase tower with a curved, concrete lattice façade, designed to generate enough energy to meet most of its own needs...

Author: /time Magazine | Title: Cementing the Future | 12/11/2008 | See Source »

...Laughs.] They keep us separated. They put me in a cage after I get off the air. No, as long as I'm fair, I don't think there's a problem at all. I will say that when I started in 2003, nobody spoke to me for six months. I was a strange man in a strange land...

Author: /time Magazine | Title: 10 Questions for Joe Scarborough | 12/11/2008 | See Source »

...Ghana A Peaceful Presidential Runoff In a rare democratic triumph on the African continent, Ghana's Dec. 7 presidential vote was hailed by election monitors for being fair and transparent--even if it didn't produce a result. Neither the ruling party's Nana Akufo-Addo nor opposition candidate John Atta Mills received more than 50% of some 8 million votes cast, meaning a runoff will be held on Dec. 28. Ghana, widely seen as one of Africa's most stable and prosperous nations, has experienced massive economic growth in the past decade. Atta had campaigned on a platform...

Author: /time Magazine | Title: The World | 12/11/2008 | See Source »

...help set College priorities, it is unclear what role students will have in keeping a focus on the undergraduate experience in light of fiscal challenges. A major criticism of the UC is its inability to effect change via the bureaucratic channels of University Hall. While this is a fair critique that likely won’t be remedied until the implementation of Dowling II’s Report on College Governance, the perception that we are therefore incapable of improving student life is both defeatist and false. As the sole arbiter of the $75 Student Activities Fee, the UC must...

Author: By Anthony R. Britt | Title: Change U Can C | 12/11/2008 | See Source »

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