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Indeed, rather than distance themselves from Iran, the Syrians recently gave the greenlight for Iran to expand its embassy in Damascus, already Iran's largest in the region. And the close ties between Iran and Syria were visible last month at a Quds Day celebration at the Yarmouk Palestinian refugee camp in Damascus in September. The holiday has its origins in the aftermath of the Islamic revolution in Iran, when Ayatullah Ruhollah Khomeini declared the last Friday of the Islamic holy month of Ramadan to be a day to protest the Israeli occupation of Jerusalem. The keynote speaker...

Author: /time Magazine | Title: A Rapprochement Between Syria and Saudi Arabia? | 10/8/2009 | See Source »

...only allowed to hold high-grade paper. High-grade - as defined by the ratings agencies. In comments responding to the proposed rule change, sellers of money market funds balked at the idea of not being able to use the ratings agencies' opinions as a way to get the regulatory greenlight. That proposed rule hasn't gone anywhere...

Author: /time Magazine | Title: How to Fix the Credit-Ratings Agencies | 3/23/2009 | See Source »

...especially confusing, notes Susan Dunn, an executive coach in Dallas. "I have to say, 'O.K., there's a hug, and then there's a hug,'" she notes, the kind that can get HR involved. Nearly half the respondents in an October survey on the business-networking site Greenlight Community copped to hugging co-workers. But with the other half still greeting palm to palm, the consequences of a mismatched gesture can be painful--and not just because of the possible harassment suit. On the site Miss(ed) Manners, etiquette blogger "Dave" recalled extending a hand to a client who simultaneously...

Author: /time Magazine | Title: Are Hugs the New Handshakes? | 2/12/2009 | See Source »

...parties, the Conservatives and the Liberal Democrats, have both pledged to scrap the scheme if they wrest power from Labour. Boris Johnson, London's Conservative mayor, is an enthusiastic proponent of an alternative plan to build a brand new airport in the Thames estuary. He describes the decision to greenlight Heathrow's expansion as "pure political machismo." (See pictures of Boris Johnson...

Author: /time Magazine | Title: Heathrow's Expansion: A New Kind of Blitz in England | 1/17/2009 | See Source »

Lehman CEO Dick Fuld complained loudly to the SEC earlier this year that his company was the victim of shorts such as David Einhorn, of Greenlight Capital, for badmouthing the company's accounting. Einhorn was unapologetic. Fuld got some action after the SEC sought to stop naked shorting with a do-not-mess-with" list of 18 financial institutions such as Fannie Mae, Freddie Mac and investment banks. On July 15, the SEC issued an emergency order temporarily mandating that anyone who wants to short a stock "must borrow or arrange to borrow the security or otherwise have the security...

Author: /time Magazine | Title: Are Short Sellers to Blame for the Financial Crisis? | 9/18/2008 | See Source »

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