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In fact, while Volcker did have some policy disagreements with Geithner and National Economic Council chairman Larry Summers - who were not eager to dismantle large banks and did not see how proprietary trading contributed to the crisis - those ideas had support from White House economists like Christina Romer and Austan...

Author: /time Magazine | Title: Can Bashing the Banks Help Obama? | 1/28/2010 | See Source »

A year hailed as Africa's coming-out party on the world soccer stage began disastrously. On Jan. 8, militants mistakenly opened fire on a bus carrying Togo's national team, killing three people. The squad was traveling in the restive Cabinda region of Angola to play in the African...

Author: /time Magazine | Title: The World | 1/25/2010 | See Source »

It is one of South Korea's most famous cold-case files, a sensational murder that drummed up sentiment against U.S. military bases in the country for nearly a decade. On April 3, 1997, a South Korean university student, Cho Chong Pil, 22, was found dead on the bathroom floor...

Author: /time Magazine | Title: South Korea Reopens the Burger King Murder File | 1/20/2010 | See Source »

Despite the government's good relations with Washington, a large sector of South Korean society has had a long and rocky relationship with American influence, with skepticism many scholars attribute to decades of occupation by foreign powers last century. In 2002, protests erupted across the country after two American soldiers...

Author: /time Magazine | Title: South Korea Reopens the Burger King Murder File | 1/20/2010 | See Source »

Looking for parallels to Haiti's catastrophe, many point to China. In May 2008, a 7.9-magnitude earthquake struck the southwestern province of Sichuan, pancaking homes, schoolhouses and other buildings and killing at least 68,000 people. But the ferocity of the temblors and the huge death tolls may be...

Author: /time Magazine | Title: Haiti and China: A Tale of Two Earthquakes | 1/19/2010 | See Source »

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