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...pictures of the global financial crisis...

Author: /time Magazine | Title: Why Carl Icahn Is Wagering Big on Casinos | 3/23/2010 | See Source »

...current wave of migration from the global South into the industrialized states is due to the failure of the IMF and the G-8's policies. The current global trading system is under exclusive control of the rich states, which doubtlessly want to keep it that way. Without the prospect of escaping poverty in their home countries any time soon, more and more people will decide to migrate north. The solution to the problem is not more rigid border policing, but a change of policy in the U.S. and Europe toward an equal global trading system that benefits all instead...

Author: /time Magazine | Title: European Immigration | 3/22/2010 | See Source »

...threatens complete inertia. "The new government [has] had a catastrophic start," Gerd Langguth, author of a biography of Chancellor Merkel, tells TIME. "There's a cacophony of ideas and egos, and Angela Merkel still hasn't come up with a vision for her new government." (See video: "Global Business Trips: Germany...

Author: /time Magazine | Title: Germany: Tensions at the Top | 3/22/2010 | See Source »

Another option for Marjah is to let the farmers harvest the opium and sell it off - and then grab the men who try to smuggle it to the syndicates' heroin labs elsewhere in Afghanistan and in global markets beyond. This would punish the traffickers and their Taliban protectors without hurting the farmers. "Once the farmers are handed their money, we'll close in on the traffickers' trucks and labs," says a NATO general. But counternarcotics agents worry that the drug lords will find ways to get their hands on the opium anyway. The weak link in the chain...

Author: /time Magazine | Title: Afghanistan's Fix | 3/22/2010 | See Source »

Foot, though a sparkling orator with a brilliant intellect, did his part to contribute to Labour's defeat, pushing a left-wing manifesto that pledged unilateral nuclear disarmament and nationalization of the banks. It was dubbed by a colleague "the longest suicide note in history." The 2008 global financial crisis would finally force a partial implementation of the second policy, but Foot's legacy cannot be measured in concrete achievements such as laws or processes. His was the very British triumph of the underdog, of the nice guy who came in last and in so doing retained his principles...

Author: /time Magazine | Title: Michael Foot | 3/22/2010 | See Source »

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