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...menace who had to be taken down. The coup was launched as the leftist leader tried to push through a vote allowing Presidents to stand for a second term--an action seen as an effort to extend his power, as ally Chávez has done in Venezuela. The interim government has now charged the exiled Zelaya with crimes including treason for the attempt...

Author: /time Magazine | Title: Spotlight: Honduras | 8/10/2009 | See Source »

While there's no such trouble at HSBC or Barclays, Monday's interim results presented challenges of a different kind. Both lenders leaned heavily on lucrative investment-banking units to soften the blow from bad debts in the commercial or retail arms of the groups. Owing in part to its purchase last fall of Lehman Brothers' U.S. operations, profits at Barclays Capital doubled in the first half of the year, to $1.7 billion. The group's charges for bad debt, meanwhile, leaped by a similar rate, to some $7.7 billion. Vital to the bank in coming years: reducing its reliance...

Author: /time Magazine | Title: For Britain's Banks, Latest Earnings Show an Uneven Recovery | 8/5/2009 | See Source »

While claiming he personally respects Karzai, Abdullah focuses on how little the President has been able to achieve in the past seven years (as both a nominated interim leader and an elected President) and promises that he will put an end to corruption and injustice. "Give me the power, so that I can return the power to you," he declares at his rallies - a catchphrase that has become another slogan. Yet even his supporters are vague about how, exactly, he plans to fulfill those promises. Saied Hussain Fakhri, 20, a campaign worker at the Kabul office, as well...

Author: /time Magazine | Title: Karzai's Challenger Dr. Abdullah Abdullah | 8/5/2009 | See Source »

After the court issued its decision, Director of Public Prosecutions Keir Starmer said he would immediately begin drafting an interim policy to specify in what instances prosecutions should or should not be brought. He plans to complete those guidelines by September, and to issue a final version by the spring...

Author: /time Magazine | Title: Britain to Clarify Its Assisted-Suicide Law | 8/3/2009 | See Source »

...them more efficiently. Florida's top emergency manager has floated a novel idea to turn the housing crash into an advantage, by using 250,000 foreclosed homes as temporary hurricane shelters. "This option didn't exist two or three years ago before the real-estate market crashed," Ruben Almaguer, interim director of Florida's emergency management division, told the Miami Herald last month following a mock-disaster drill that highlighted the shortage of hurricane shelters in the state. "We can't not look at something staring us directly in the face," Almaguer said. "It's a solution to a potential...

Author: /time Magazine | Title: Florida Looks at New Ideas for Battling Hurricanes | 8/2/2009 | See Source »

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