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...That entire country has no sense of responsibility, and now we're supposed to fix it," says Karen Schumann, 27, a Berlin media consultant. The complaint has a familiar ring to it. Greece has a staggering budget deficit of 12.7% of GDP and a $410 billion public debt, which free-spending Greek officials long kept secret from the rest of the euro zone. Now that Greece is on the verge of defaulting, its monetary partners will have to hand over huge loans to help keep the country solvent - all in order to prevent the euro from going into a free...

Author: /time Magazine | Title: In Paris and Berlin, Fury Over a Greek Bailout | 2/16/2010 | See Source »

...familiar box office priorities may reassert themselves next weekend, with the opening of Martin Scorsese's take on the violent horror-mystery story Shutter Island, starring Leonardo DiCaprio. If that pricey effort should tank, Hollywood may have to consider the unthinkable: letting the tastes of women and little children lead them to box-office gold...

Author: /time Magazine | Title: Box Office Wrap: America Hearts Valentine's Day | 2/14/2010 | See Source »

...these struggles between commerce and vision are familiar to anybody who makes anything. McQueen's departure is a signal moment in an era when creators of fashion are losing prestige and influence to wearers of fashion, people whose personal style is copied and aped. McQueen was eccentric and provocative and pig-headed enough to be one of the remaining designers who could inspire people to dress in a new way, and to insist...

Author: /time Magazine | Title: Alexander McQueen: Fashion Mourns an Icon | 2/11/2010 | See Source »

...much. At least not from an engineering, mechanical or even a quality point of view. You don't reach the top gear in the global auto industry unless you make outstanding cars, which Toyota does - most of the time. Though cars are familiar machines, they are also highly complex ones. To create a modern car, a company has to design, engineer, build, buy and then assemble some 10,000 parts. Sell 7.8 million cars, as Toyota did worldwide in 2009 - a horrible year for the industry - and there are billions of new parts with the potential to go kerflooey. Inevitably...

Author: /time Magazine | Title: Behind the Troubles at Toyota | 2/11/2010 | See Source »

...pretty objectively the best night of the year” by Jessica E. Nachman, a third-year law student and one of the event’s organizers. Aside from a conspicuous abundance of python prints and legal drinking, the HLS Tacky Prom night follows a pattern familiar to College undergrads: apparel selection, followed by pregame, party, and ending with fried food...

Author: By Michelle B. Timmerman, CRIMSON STAFF WRITER | Title: Law Students Do Prom Night Right | 2/11/2010 | See Source »

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