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Dates: during 2000-2009
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...Reining in the Banks At the World Economic Forum in Davos last January, some participants advocated radical measures to rein in banks, including regulating their operations so heavily that they would turn into low-risk utilities. No, said Jean-Claude Trichet, the president of the European Central Bank, that wouldn't solve the problem. What's needed, he argued, "are air bags, cushions and shock absorbers." Trichet has now detailed what he means. On Sept. 6, a group of central-bank governors and regulators from 27 countries that is chaired by Trichet published specific proposals that he said would...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

...then Chancellor Kohl, and Karl Lamers, then foreign-affairs spokesman for Merkel's Christian Democratic Union. They outlined a new "core" Europe in which France and Germany would make up the inner "core of the core." The French never formally replied to that proposal. That was "a mistake," says Jean-Pierre Jouyet, the former French Minister for European Affairs who now heads the national stock-market regulatory agency...

Author: /time Magazine | Title: Can France and Germany Fall in Love Again? | 9/26/2009 | See Source »

...Willis is the one star from the Bronzed Age of '80s action movies who still can persuasively embody a haunted, implacable stud. Chuck Norris went into TV, as a Texas Ranger and a cheerleader for Glenn Beck. Jean-Claude Van Damme is mostly reduced to made-for-video cheapies. Schwarzenegger's in the public sector. Jackie Chan still makes movies on both sides of the Pacific, but a lifetime of martial-arts exertions has rendered him creaky. Only Willis remains - the last action hero. (Clint Eastwood doesn't count; he came two decades before these guys and, besides...

Author: /time Magazine | Title: Surrogates: The Zen Machismo of Bruce Willis | 9/24/2009 | See Source »

...move could put Europe at loggerheads with the U.S. Last week, Obama said Wall Street could not go back to the days of "reckless behavior and unchecked excess," but he has repeatedly said he is against creating strict rules on pay. Luxembourg Prime Minister Jean-Claude Juncker said on Sept. 17 that Europe should act on bonuses "whether the Americans are with us or not." (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The E.U. Talks Tough on Bonuses, but Will It Act? | 9/22/2009 | See Source »

...decided to ensure the power of the central state by subduing all local cultures and languages. A vast country like India, with ancient traditions, many languages and several religions, has to tread a narrow path between the preservation of sometimes conflicting beliefs and the richness they give the country. Jean Cévaër, Pornichet, France...

Author: /time Magazine | Title: Inbox | 9/21/2009 | See Source »

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