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...suggestions that similar measures could be taken with economic policies at the E.U. level. In January, Spanish Prime Minister José Luis Zapatero even called for countries to face "corrective measures" if they under-perform economically, although that idea was quickly shot down by Germany, Britain and the Netherlands. Herman Van Rompuy, the new E.U. President, put forth a more nuanced proposal last month, saying E.U. leaders need to collectively take on a role of economic governance when they meet at summits. "The financial and economic crisis obliges us to take steps on this road," he said...

Author: /time Magazine | Title: Europe's New Economic Strategy: A Miracle Cure? | 3/2/2010 | See Source »

Although the pledge to help Greece was sincere, it was light on specifics. After the new E.U. president, Herman Van Rompuy, announced that the leaders of Germany, France and Greece - along with himself and Jean-Claude Trichet, head of the European Central Bank - had reached an agreement, the leaders then passed the issue over to their subordinates to hammer out the details. There was no call for an emergency bailout or help from the International Monetary Fund. Instead, the 27 E.U. members promised to underwrite the Greek economy through loans, guarantees and other measures, so long as Athens maintained...

Author: /time Magazine | Title: E.U. Comes to Greece's Rescue, with Strings | 2/11/2010 | See Source »

...acolytes were not.) In 1928 dieters could choose between eating only meat and fat (sometimes in trimmings bought directly from the butcher) on the Inuit diet, or skim milk and bananas on Dr. George Harrop's aptly named bananas-and-skim-milk diet. As late as the 1960s, Dr. Herman Taller was touting the Calories Don't Count diet, which held that the quantity of food consumed was unimportant provided that you chased it with vegetable...

Author: /time Magazine | Title: Fad Diets | 12/15/2009 | See Source »

...Digital Group, one of Philip Anschutz's companies. While Anschutz is a noted political conservative, who recently bought the Weekly Standard from Rupert Murdoch and who also owns the San Francisco Examiner and the Washington Examiner, most of Examiner.com's stories seem to have no political leanings. (Contributor Carl Herman, a laid-off California teacher, has the conversation-opening title of nonpartisan Examiner...

Author: /time Magazine | Title: Why Does Google Search Love Examiner.com? | 12/9/2009 | See Source »

...stultifying effects of Confucianism). Above all, Lu Xun is not just a great writer. He is an essential writer - the kind whose works provide the clues an outsider needs to unlock the cultural code of a nation, and whose work becomes embedded in a nation's DNA. Herman Melville and Mark Twain are two of America's great writers, for instance, but only the latter is essential. Foreigners striving to understand the American psyche might find it useful to know about Ahab and the whale, but they must know about Huck Finn and the mystique of the Mississippi River...

Author: /time Magazine | Title: China's Orwell | 12/7/2009 | See Source »

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