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OUSTED After three terms as Prime Minister of New Zealand, Labour Party leader Helen Clark, 58, lost the nation's Nov. 8 elections to National Party leader John Key. Majority power in parliament shifted to Key's party, resulting in Clark's resignation from her post as Labour Party head three days later. Saddened colleagues praised Clark's years in office, during which she boosted New Zealand's economy by cutting debt and building huge surpluses...

Author: /time Magazine | Title: Milestones | 11/13/2008 | See Source »

...During John McCain's gracious concession speech, he had to pause to quiet his supporters as they booed at the mention of Obama's name. If McCain had conducted his campaign with the grace and honor he showed in defeat instead of stirring up the worst instincts among his party's right-wing base, the outcome of the election might have been different. Bernadette Pruitt, WICHITA FALLS, TEXAS

Author: /time Magazine | Title: Inbox | 11/13/2008 | See Source »

...Butler says. Telecom giant Vodafone, which recently bought Ghana Telecom, is using CforC to help it find useful projects in Ghana to get involved in. CforC's team includes an African anthropologist, an academic expert on aid flow in Ghana and a former NGO executive. Says Vodafone chairman John Bond enthusiastically: "CforC works in some extremely difficult parts of the world, and they know what's needed. They're an enormously talented team." There may be a comfort factor too in that CforC is a business for which profit isn't a dirty word. Yet it is close enough...

Author: /time Magazine | Title: Extracting Good from Good Works | 11/13/2008 | See Source »

...interval between one campaign and the next is not usually measured in hours. But votes were still being counted as anonymous advisers to Senator John McCain, amid the smoking rubble of their Obama-bombed effort, began taking Palin down. She was a ditz, they whispered, who didn't know that Africa is a continent, a diva whose $150,000 wardrobe--including silk boxer shorts for hubby Todd--belied her down-home reputation. Talk about airing a campaign's dirty laundry...

Author: /time Magazine | Title: The Moment | 11/13/2008 | See Source »

...walk the mall, and consumers look like zombies. They're there in person, but not in spirit.' JOHN MORRIS, a Wachovia retailing analyst, on the nation's rising unemployment rate and the disappointing sales figures reported in October by dozens of major stores...

Author: /time Magazine | Title: Verbatim | 11/13/2008 | See Source »

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