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...Some observers abroad, however, seemed so intent on mocking French angst over the news that they failed to notice there actually was none this time around. "French Find German's Role Hard To Swallow" shouted U.K. daily The Independent - then curiously went on to quote exclusively German sources hailing Caspar's appointment as revenge for the long-disparaged Teutonic food tradition...

Author: /time Magazine | Title: France Shrugs as a German Takes Over the Michelin Guide | 12/21/2008 | See Source »

...Nardelli, chief executive officer of beleaguered Chrysler, which was forced to close all of its manufacturing plants for next month, thanked the White House and Treasury for their "confidence" in Chrysler. "A letter of intent was signed which outlines the specific requirements," he said, adding that "Chrysler is committed to meeting these...

Author: /time Magazine | Title: The Reaction in Detroit: A Sigh of Relief | 12/19/2008 | See Source »

Though Ford is not receiving any of the $13.4 billion TARP funds, President and CEO Alan Mulally also expressed gratitude. Mulally also reiterated Ford's intent to stick to the plan it recently submitted to Congress, calling for the company to return to pre-tax profitability by 2011. That plan includes introducing more fuel-efficient vehicles - including a broader range of hybrid-electric vehicles. This week, Ford said it is doubling the output of hybrid vehicles in 2009. (See pictures of the remains of Detroit...

Author: /time Magazine | Title: The Reaction in Detroit: A Sigh of Relief | 12/19/2008 | See Source »

...Obama's choices for departments like HUD and Energy telegraph his intent to change housing and energy policies, just as the creation of HUD and Energy were supposed to telegraph the importance of housing and energy problems. But it certainly hasn't solved those problems. Just once, it would be nice to see a Cabinet appointee - maybe a Commerce Secretary or an Agriculture Secretary or a drug czar - say that his or her department's mission was obsolete, or that it certainly didn't deserve Cabinet status...

Author: /time Magazine | Title: Obama Power Will Be in White House, Not Cabinet | 12/16/2008 | See Source »

...Even if your planned escalation against the Taliban manages to avoid a replay of the Soviet experience, it will gain you little or nothing in the war against international terror. This is because the Taliban have neither the intent nor the capability to engage in significant terror actions against the United States outside of Afghanistan itself. Our terror target should be Al Qaeda, but they are now of course based inside Pakistan. Only the government of Pakistan is positioned to deal them a mortal blow, and accomplishing that goal should be your priority, but your influence in Pakistan will decline...

Author: By Robert A. Paarlberg | Title: Obama: Break Your Afghan Pledge | 12/14/2008 | See Source »

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