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...Other players have waded into the fray too. José Manuel Barroso, the European Commission president, has urged Merkel to agree on a package of "coordinated bilateral loans" for Greece - or risk harming the euro. European Central Bank President Jean-Claude Trichet and French President Nicolas Sarkozy have also dismissed the IMF option, saying it would make the E.U. look incapable of resolving its own crises. (Sarkozy has his own reasons for keeping the IMF at bay: its managing director, Dominique Strauss-Kahn, is a potential rival in France's 2012 presidential election.) Others, like French Finance Minister Christine Lagarde...

Author: /time Magazine | Title: Bailout Showdown: Greece and Germany Raise the Stakes | 3/24/2010 | See Source »

When he entered Harvard, he had scored a two on the Calculus AP exam, failed a French placement test, and was unsure of the difference between derivative and partial derivative notation, but Steven Levitt ’89, author of New York Times best-seller Freakonomics, has come a long way from his undergraduate days...

Author: By Juliana L. Stone, CONTRIBUTING WRITER | Title: Levitt Discusses Unlikely Route to Economics | 3/23/2010 | See Source »

...Sunday evening the richest, most powerful country in the world, the USA, finally entered the 20th century. Yes, not the 21st century, but the 20th," read an article published Monday on the popular French news website Rue89.com. The site also posted a copy of TIME's cover from Nov. 24, 2008, showing Obama as a contemporary Franklin D. Roosevelt, below which it placed a cartoon of Obama on the phone to French President Nicolas Sarkozy, saying, "Hi, Nicolas, how's your health?" The Dutch daily De Volkskrant noted that the change was a long time coming: "Where health care...

Author: /time Magazine | Title: E.U. Gloats Over Belated U.S. Health Care Reform | 3/23/2010 | See Source »

...governments offer good public services - including decent education and medical care - and regularly vote them out of office when they fail to deliver. Taxes may be slightly higher in Europe, but medical fees are heavily subsidized by governments and are drastically cheaper than they are in the U.S. The French, for example, pay a fixed $30 for a doctor's visit - and proposals to raise that fee even a few cents can ignite national protests. And in most of Europe, insurance companies are barred from rejecting applicants because of pre-existing conditions. (See pictures of immigration in Europe...

Author: /time Magazine | Title: E.U. Gloats Over Belated U.S. Health Care Reform | 3/23/2010 | See Source »

...health care vote as a measure of the President's ability to push through his other policies. An editorial in Monday's Le Monde newspaper in France, titled simply "A Victory," referred not to the big news in France that day - the left's strong showing in the French regional elections - but to Obama's health care success. The President "succeeded where his predecessors have failed," the paper said, including the deeply unpopular George W. Bush, who it said "abandoned all ambitions on this issue." (See 10 players in health care reform...

Author: /time Magazine | Title: E.U. Gloats Over Belated U.S. Health Care Reform | 3/23/2010 | See Source »

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