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...That's part of what bothers some of Rio's shareholders. One institutional investor, who spoke to TIME on condition of anonymity, says it's "up to Rio to convince us that this does not transfer key pricing power over a key commodity to a big customer. They need to make that case or I'm not inclined to vote for the deal" when it comes up for approval...

Author: /time Magazine | Title: China Buys Australia On the Cheap | 2/17/2009 | See Source »

...Both the 1933 panic and the current credit crisis yield the same message: strong, cooperative leadership from the Fed is the key to inspiring confidence in both consumers and major private sector actors. Like any executive action, this leadership demands rationale—a justification for others to invest. Geithner must look to the failures of his predecessors in order to succeed...

Author: By Noah M. Silver | Title: Bridging the Capitalist Divide | 2/17/2009 | See Source »

...more diverse tutor staff.But after receiving news of the selection of the Christakis couple, both of whom are Caucasian, Johnson said he was “personally pleased as a sociology concentrator” to hear of the appointment. Biggers, who listed House Master diversity as one of her key campaign planks in an unsuccessful bid for the Undergraduate Council vice presidency this fall, reiterated her hopes yesterday evening that future House Master searches could yield minority selections. “Its not surprising,” she said of the Christakis selection. “I hope that when...

Author: By Bita M. Assad and Ahmed N. Mabruk, CRIMSON STAFF WRITERSS | Title: Pfoho House Masters Picked | 2/17/2009 | See Source »

...that funnel food, fuel and war materiel to U.S. forces in Afghanistan, already imperiled by militant attacks in Pakistan, may face a further setback this week when the parliament in Kyrgyzstan votes on whether or not to kick the U.S. out of the Manas airbase, which has played a key role in air support in Afghanistan. The U.N. just announced that 2,118 civilians died in fighting in Afghanistan in 2008, a 40 percent hike as the war grows ever more bloody. And, last week, the Taliban "welcomed" U.S. envoy Richard Holbrooke to Kabul by launching an audacious terror attack...

Author: /time Magazine | Title: Afghanistan: A Yes-We-Can War? | 2/17/2009 | See Source »

...recently hurt his own cause by remarking that he did not support the privatization of Japan's huge postal savings system - a key financial reform that Koizumi pushed through in 2005. Koizumi said on Feb. 12 that Aso's comments made him "flabbergasted to the point that I want to laugh." Koizumi also expressed doubts about Aso's stimulus package and his ability to lead the LDP in upcoming parliamentary elections. Gerald Curtis, professor of political science at Columbia University, says there is an obvious rift in the LDP. Koizumi's attack on Aso was a way of "throwing down...

Author: /time Magazine | Title: Japan's Prime Minister Aso Faces Ugly Economic Truths | 2/16/2009 | See Source »

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