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...group, the Dhivehi Rayyithunge Party (DRP), Gayoom declined to talk to Time. Thasmeem Ali, his deputy, defended Gayoom's record, insisting the pace of development and reform that Gayoom oversaw suited the Maldives' particular conditions. "People borrow all sorts of political terms - dictatorship and so on - that don't fit here," says Thasmeem. "Gayoom remains our party's and this nation's greatest asset...

Author: /time Magazine | Title: The Maldives' Struggle to Stay Afloat | 5/18/2009 | See Source »

...Senate committee there were up to 100 Gitmo detainees who could be neither tried nor released, and he requested an extra $50 million for a new facility on U.S. soil. Greg Smith, executive director of Hardin's Two Rivers Authority, says the isolated town could be a "good fit." Its facility is beyond "shovel-ready," he says--it's a turnkey operation...

Author: /time Magazine | Title: The Montana Town That Wanted to Be Gitmo | 5/18/2009 | See Source »

...biggest sticking point in any bid to avoid bankruptcy is the complexity of GM's debts. Chrysler's 40-odd creditors could fit into a large conference room. GM's creditors, however, could fill up most of the seats in the University of Michigan's football stadium. The bondholders include an estimated 127 major financial institutions, including banks, hedge funds and mutual funds, as well as 100,000 or so small holders that represent a cross section of American savers...

Author: /time Magazine | Title: GM: The Deep, Dark Shadows of Bankruptcy | 5/16/2009 | See Source »

...when you go over your credit limit - but only if you indicate that you want to be able to go over your credit limit in the first place, instead of having your card denied at the point of purchase. Companies can still set minimum required payments however they see fit. But they'll be required to tell you how long it would take to pay off your balance if you stick to that minimum amount each month...

Author: /time Magazine | Title: Congress's Credit-Card Bill: Playing Fair, Not Foul | 5/15/2009 | See Source »

Three thousand dollars to fix the pipes beneath a tennis court; $462 for the upkeep of a swimming pool; $942 to fit a chandelier. The extravagance of many of the expense claims filed by British MPs in recent years, deliciously catalogued this past week by the country's Daily Telegraph newspaper, which obtained leaked details, have British voters fuming. In a poll taken by the Times of London, more than four fifths of Britons thought all the country's legislators were as bad as each other for milking their allowance system, if not illegally, then far beyond its spirit...

Author: /time Magazine | Title: Expenses Scandal Only Adds to Brown's Woes | 5/13/2009 | See Source »

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