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Even among the successful Baltic economies, some storm clouds are brewing. High growth rates have triggered fears of overheating, especially in the new democracies. Latvia's President Vaira Vike-Freiberga recently complained that Swedish banks are too generous with their loans, tempting Latvian consumers to load up on debt, and driving up the prices of everything from cars to property. Latvia's year-on-year inflation rate hit 8.9% in April, triggering devaluation rumors. Latvian loans are denominated in euros, so devaluing the national currency, the lat, would hit debtors hard. "Like any good party it has to come...

Author: /time Magazine | Title: Sea of Plenty | 5/31/2007 | See Source »

...understand the blind faith you put in this ex--Vice President and ex-presidential candidate. You fell for his global-warming theory hook, line and sinker. What about the noted scientists who say the global-warming theory is nothing but a load of methane-producing raw sewage...

Author: /time Magazine | Title: Inbox: Jun. 11, 2007 | 5/31/2007 | See Source »

...stable is better, for there you have a donkey that carries a load and a cow that provides milk. The parliament is worse than a stable.' MALALAI JOYA, female member of the Afghan parliament and longtime critic of fellow legislators whom she deems to be warlords. Joya was suspended after making the comment, in a television interview, that compared parliament to a stable...

Author: /time Magazine | Title: Verbatim | 5/24/2007 | See Source »

...stable is better, for there you have a donkey that carries a load and a cow that provides milk. The parliament is worse than a stable...

Author: /time Magazine | Title: Verbatim: Jun. 4, 2007 | 5/24/2007 | See Source »

...left. Lotti rebounded to fan Brown, but walked senior captain Julia Kidder to put the go-ahead run aboard. Murphy came to the plate with the chance to deliver the decisive blow, but went down on three straight fastballs. However, freshman Melissa Schellberg earned a five-pitch walk to load the bases for fellow rookie Jennifer Francis with two outs. After working a full count, Francis lined a one-hopper to second baseman Laura Jaxheimer, who booted the grounder, sending Krysiak and Kidder home.Madick recorded her first two outs of the seventh inning on an unlikely 5-4-7 double...

Author: By Jonathan Lehman, CRIMSON STAFF WRITER | Title: Heartbreak in Hempstead: Hofstra Defeats Softball in Extra Innings | 5/20/2007 | See Source »

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