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...Brussels, officials wonder whether Klaus might bring the E.U. to a grinding halt - and if is there anything that can be done about it. The first half of 2009 features a busy E.U. agenda of summits and meetings, with European parliamentary elections in June...

Author: /time Magazine | Title: 'Old Europe' Wary as Czechs Take Over EU Presidency | 12/30/2008 | See Source »

Despite Friday's move, currency experts say that the yen could possibly climb to 85, which could trigger direct government intervention to halt the rise. Upon speculation that the lower 80s could be reached within weeks, Japan's Finance Minister Shoichi Nakagawa confirmed Thursday that Japan was prepared to intervene and sell the yen, something the Japanese government has not done since March...

Author: /time Magazine | Title: As Yen Strengthens, Japan Cuts Rates | 12/19/2008 | See Source »

...devising a "life-cycle" test designed to measure whether various biofuels really reduce overall carbon emissions from the field to the tank; the farm lobby is already pushing for a weak test, because a strict one could halt the biofuel revolution. The position Vilsack's department takes on this arcane test could signal whether it will really serve, as Obama pledged on Wednesday, "not big agribusiness or Washington influence peddlers but family farmers and the American people." But that would require real change - not only for the department but for Vilsack and for Obama...

Author: /time Magazine | Title: Vilsack: Some Hard Choices on Ethanol | 12/18/2008 | See Source »

...announcement to 32, according to a University database for job posts. In light of the gravity of the financial downturn—which recently caused an unprecedented 22 percent drop in Harvard’s endowment—many staffers said they have largely accepted news of the hiring halt. But some are unconvinced that the freeze was the best solution. Holt said the “knee-jerk” response of the hiring freeze could have been avoided—or at least postponed—until departments had conducted a rational, top-down evaluation of their respective...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Hiring Freeze Still Concerns FAS Staff | 12/16/2008 | See Source »

...NASA discovers what could perhaps be traces of fossils fuels on Mars. GM, Ford and Chrysler immediately halt R&D on any fuel-efficient cars...

Author: By Rajarshi Banerjee | Title: A Wishlist for ‘09 | 12/15/2008 | See Source »

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