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Sheila Rose, a 50-year-old mother of two in Stamford, Conn., is typical of shoppers who have been sitting on their hands waiting for the final markdowns. With unemployment hitting a 25-year high, she expects discounts to at least match last year's levels, "or maybe even more...

Author: /time Magazine | Title: Christmas Shopping: For Retailers, Down to Two Crucial Days | 12/22/2009 | See Source »

The problem facing Western negotiators is that all of Iran's political factions insist on the country's right to enrich uranium. And the increasingly bitter struggle for power in Tehran following last June's disputed election has not only pushed the nuclear issue to the margins of the regime...

Author: /time Magazine | Title: Stalemate: How Obama's Iran Outreach Failed | 12/22/2009 | See Source »

As the Marianne headline attests, there's something in Besson that just about everyone in France can detest. A former Socialist party official, Besson is considered the consummate traitor by the left after defecting from the 2007 presidential campaign of Ségolène Royal over strategy differences and...

Author: /time Magazine | Title: Sarkozy Stands By France's Hated Immigration Minister | 12/21/2009 | See Source »

"That's the same type of SAM they used to shoot down Eugene Hasenfus," a bystander remarks, referring to the CIA contractor pilot whose cargo plane was downed by Sandinista soldiers in 1986, while making a supply drop for "contra" insurgents. More recently, the U.S. has tried to get Nicaragua...

Author: /time Magazine | Title: Have Yourself a Sandinista Christmas... | 12/21/2009 | See Source »

Montazeri's transformation is a microcosm of Iran's revolutionary experience, and the evolving split among the clerics. "Montazeri began as a radical and a principle architect of the system of government that placed so much power in the hands of the Supreme Leader," said Shaul Bakhash, author of The...

Author: /time Magazine | Title: Iran's Opposition Loses a Mentor But Gains a Martyr | 12/21/2009 | See Source »

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