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...Detroit Fiat Takes Control of Chrysler Chrysler's planned alliance with Italian carmaker Fiat was cemented on June 10 after the U.S. Supreme Court declined to hear a challenge to the deal brought by Chrysler's creditors and concerned consumer groups. The White House--backed arrangement gives Fiat a controlling stake in the embattled 84-year-old company, which will be called Chrysler Group LLC and could serve as a model for the reorganization of larger rival General Motors, which filed for bankruptcy on June 1. The pact--the latest attempt to salvage America's sagging auto industry--creates...

Author: /time Magazine | Title: The World | 6/22/2009 | See Source »

...party leaders come from bloodred GOP states or safe districts, so they are far more at home in the tribal politics of Republican primaries than in those of the country as a whole. You could say their radio dials are stuck on AM. The result is we hear a lot about going back to "the winning ways of Ronald Reagan." Well, I love Reagan too. But demographics no longer do. In 1980, Reagan beat Jimmy Carter by 10 points. If that contest were held again today, under the current demographics of the electorate per exit polls, the election would...

Author: /time Magazine | Title: For Republicans, the Ice Age Cometh | 6/22/2009 | See Source »

Wisely, Hill knows he too won't always be warmly received. "I simply hope," he says, that "people will hear me out." As for flying footwear: "I can duck with the best of them." Let's hope that for Washington's new man in Baghdad, it doesn't get worse than that...

Author: /time Magazine | Title: Christopher Hill: The Negotiator | 6/22/2009 | See Source »

...Around 4 p.m., all of a sudden on the street outside my hotel...we look outside, and the road was completely filled with cars," says the student. "Traffic was at a standstill, honking had taken over, all you could hear was honking, and we couldn't hear our own voices. Around 9 p.m., we noticed some flames, and all of a sudden, four or five very large fires popped up. People were feeding them with everything from trash, traffic cones, tires, to cars, and people started shouting 'Death to the coup...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: Protests Bring Hope, Concern for Harvard's Iranian and Iranian-American Students | 6/21/2009 | See Source »

...process - one of many it is likely to go through before it is over - from the sidelines. "It's going to look like a mess for a few weeks," said an official. "But overall, we think this is helpful. CBO has sent a signal that everyone needed to hear: This is not just an intellectual exercise...

Author: /time Magazine | Title: A Health-Care Reality Check Slows Congress | 6/18/2009 | See Source »

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