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...That's bound to get worse. French Economy Minster Christine Lagarde on Monday said she expected France to suffer 300,000 job cuts in 2009 - a figure independent analysts says massively underestimates the figure they predict, which is closer to 900,000. Speculation is also rising that several central European countries - Hungary foremost among them - may soon need bailing out by fellow European Union members to avoid economic collapse...

Author: /time Magazine | Title: Markets Fall from Tokyo to London to New York City | 3/2/2009 | See Source »

...Harvard used to provide that. During the 18th century, sophomores instructed freshmen on the proper social conduct. “No fresman [sic] shall talk saucily to his senior or speak to him with his hat on” was a frequent admonition. One of the French instructors, Peter Curtis, offered undergraduates dancing lessons—because every Harvard man had to know the minuet. Most of these ideas are quaint, but they speak to a sense of respect that is lacking on today’s campus. Nowadays, the College sets few standards for its men—just...

Author: By Brian J. Bolduc | Title: Death of a Harvard Man | 3/2/2009 | See Source »

...Talk Pretty. MeGlobe is a free instant-message based language translation service. Simply sign up and type in the phrase you'd like translated - like "large latte, and make it snappy" - and see the delight on locals' faces as you order coffee in perfect Spanish, French or 15 other languages...

Author: /time Magazine | Title: Agatha Christie's Private Escape, and Other Travel Goodies | 3/2/2009 | See Source »

...Sheikh may never go to helping Palestinians in Gaza. At a conference in Paris in late 2007, the international community started a pledge drive that eventually totaled $7.7 billion in proposed aid to the Palestinians. By September 2008, only $1.4 billion had gone to the Palestinian Authority, according to French diplomat Pierre Duquesne, thanks to the difficulty of distributing the aid and a failure of donors to actually deliver the promised money...

Author: /time Magazine | Title: For Obama, Helping Gaza Is Harder Than It Looks | 3/2/2009 | See Source »

...German Chancellor Angela Merkel rejected calls for a mass bailout. And Luxembourg Prime Minister Jean-Claude Juncker, who chairs meetings of the Eurozone's finance ministers, dismissed appeals by wannabe members to relax entry criteria for single European currency. U.K. Prime Minister Gordon Brown - clearly eying French President Nicolas Sarkozy - denounced protectionism as a "road to ruin". And Sarkozy himself testily denied being protectionist but then accused eastern Europe of putting the entire E.U. at economic and political risk...

Author: /time Magazine | Title: As the Crisis Bites, Splits Open Up in Europe | 3/2/2009 | See Source »

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