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That surely irks the E.U., which is limited in the amount of help - or punishment - it can impose on Greece. Allowing the country to default, or to approach to the International Monetary Fund for emergency funds, would deal a huge blow to the credibility of the 11-year-old euro...

Author: /time Magazine | Title: Why Greece Could Be the Next Dubai | 12/9/2009 | See Source »

Bahati was followed at the podium by Pastor Stephen Langa, who made a PowerPoint presentation on "The Gay Agenda," a homosexual plot to take over the world. The presentation included pictures of gay-pride parades and graphics that purported to show how past civilizations declined because of the deterioration of...

Author: /time Magazine | Title: On Scene: With Uganda's Anti-Gay Movement | 12/9/2009 | See Source »

For more than a decade, ever since the first nuclear deal reached between the U.S. and North Korea fell apart, it has been an article of faith among Washington diplomats that with just the right configuration of carrots and sticks, Pyongyang could be enticed to stand down its nuclear weapons...

Author: /time Magazine | Title: U.S. Tries Direct Talks with North Korea | 12/8/2009 | See Source »

Even where the U.S. and India agree, India has been careful not to appear to be too close. India joined the U.S. and 24 other countries in voting to censure Iran's nuclear program at a meeting of the International Atomic Energy Agency (IAEA) in Vienna on Nov. 27. This...

Author: /time Magazine | Title: India's Friends: Dinner in the U.S., Dessert in Moscow | 12/8/2009 | See Source »

But analysts say it wasn't just Morales' social largesse that ensured a larger landslide this time. Critics foresaw macroeconomic disaster three years ago when Morales, fulfilling a campaign promise, nationalized Bolivia's vast natural-gas reserves. Among the doubters was the International Monetary Fund (IMF) in Washington. Today the...

Author: /time Magazine | Title: Morales' Big Win: Voters Ratify His Remaking of Bolivia | 12/7/2009 | See Source »

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