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...making it difficult for the U.N. Security Council to meet 21st century collective-security challenges. Putin has used the Kosovo standoff as yet another excuse to flaunt his petro-powered invincibility, sending his likely successor, Deputy Prime Minister Dmitri Medvedev, to Belgrade to sign a gas agreement. If a firm international response is to be mobilized toward Iran, Sudan or other trouble spots in the coming years, the U.S. will have to find a way to persuade Russia to become a partner rather than a rival in improving collective security...

Author: /time Magazine | Title: Ghosts of Kosovo | 2/29/2008 | See Source »

...tiny Liechtenstein, bracing itself for its finest hour, is standing firm even as Germany threatens to stop the country from joining Europe's passport-free zone. "We will not cave in to German pressure. We will not disclose information about the owners of bank accounts," says government spokeswoman Gerlinde Manz-Christ. "The rogues are the ones who are evading their taxes, and that's not the people here in Liechtenstein," says Wendelin Schrädler, a rosy-cheeked butcher, as he hacks off a side of ham for a customer...

Author: /time Magazine | Title: Saving a Banking Boom from Berlin | 2/28/2008 | See Source »

...marriage and adoption wasn't a response to a demand from the people. It was a way to create a fracture in society; a coup de théâtre, to show how modern and advanced [the Socialists] were." Her husband Enrique Trabado, a lawyer for a major construction firm, provides another rationale for promoting traditional families. "This model forms an economic pyramid," he says. "The current generation must always pay for the pensions of the older generation...

Author: /time Magazine | Title: Spain: Family Matters | 2/27/2008 | See Source »

...07—have moved on and away from the Yard, the office of their latest business venture hasn’t. In January 2007, the three started Opera New Media, which is, according to their Web site, “a design, development, and product strategy firm.” Feinstein describes Opera as an “interactive advertising agency,” and according to Katz, their aim is to “help companies strategize, implement, and be effective online. If they want to build a Web site, market a product, create a video, or even...

Author: By Tatiana Cruz, CONTRIBUTING WRITER | Title: 3 Harvard Grads, 1 Media Company | 2/27/2008 | See Source »

...Just before 12:30 at Heathrow, Virgin Atlantic's 747 touched down in Amsterdam, finishing off the event without a hiccup - which is more than could be said for Branson himself. For kicks, the mogul had drunk a sample of his firm's coconut oil and babassu oil jet-fuel blend. "My God that was horrible," he told reporters afterward. "I've been burping ever since." Now that, without a doubt, is a publicity stunt...

Author: /time Magazine | Title: Can Airplanes Fly on Biofuel? | 2/25/2008 | See Source »

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