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...When Karl-Theodor zu Guttenberg jets into Washington this Sunday he plans on asking some tough questions. Germany's new Economy Minister is due to meet U.S. Treasury Secretary Timothy Geithner and bosses at embattled American carmaker General Motors. Opel, a Germany-based division of GM, is fast running out of cash and GM and Opel bosses recently went cap in hand to Berlin to ask for $4.25 billion in state aid. In return, GM say they will restructure Opel by cutting costs and loosening the company's ties with the parent company in Detroit. Opel would become an autonomous...

Author: /time Magazine | Title: Should Germany Help Bail Out GM? | 3/14/2009 | See Source »

...Germans were gobsmacked. Who was this young upstart? Karl-Theodor Freiherr von und zu Guttenberg is a baron, the son of an aristocratic family in Franconia, in southern Germany. His family can trace its tree all the way back to the 12th century. Zu Guttenberg studied political science and law before entering politics and is married to 32 year-old Stephanie, the Countess of Bismarck-Schönhausen, a descendant of the "Iron Chancellor" Otto von Bismarck. (Read a TIME story on Otto von Bismarck...

Author: /time Magazine | Title: Should Germany Help Bail Out GM? | 3/14/2009 | See Source »

...Rove, Karl • disturbingly close-up interview about Twitter with...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 3/13/2009 | See Source »

...many years, recognizes that the DPJ wants to strengthen the safety net, but wonders if it has the determination to launch the sort of stimulus package that Barack Obama got through the U.S. Congress in a matter of weeks. Ozawa can come across as all politics, "his own Karl Rove," as Curtis puts it, rather than one who thinks through policies carefully...

Author: /time Magazine | Title: Ozawa: The Man Who Wants to Save Japan | 3/12/2009 | See Source »

When the Vikings arrived in Iceland, their culinary concerns revolved around food preservation, not flavor. That led to distinct specialities - still enjoyed by Icelanders today - such as hrútspungar (ram's testicles pickled in whey) and hákarl (rotted shark meat that reeks of ammonia). Thankfully, the advent of refrigerators, along with abundant natural fisheries, has decreased dependence on such idiosyncratic fare, and visitors today will be able to peruse an Icelandic menu without too much trepidation. (Watch TIME's video "In Iceland, Frozen Accounts, Boiling Assets...

Author: /time Magazine | Title: Reykjavík's Best Cellar | 3/11/2009 | See Source »

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