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...selling,” is now banned in the United States and Britain. According to South China Morning Post, Chinese banks were recently told to suspend lending to U.S. financial institutions. The weak dollar caused import prices to surge by 20 percent from last year, which should have helped local enterprises; it has provided an advantage to some businesses but it also increased prices for most American consumers...

Author: By Jan Zilinsky | Title: Lessons from the Financial Crisis | 10/7/2008 | See Source »

...Managing such a far-flung operation can be messy. On a recent morning in midtown Kansas City, Obama's local headquarters was bustling. A team of about 15 staffers, paid and volunteer, hunched over laptops and cradled cell phones in a bare space provisioned with bags of Lays potato chips and Dum Dums. A pair of disposable chopsticks and a Chinese takeout container peeked from a trashcan, testament to someone's late night. A steady stream of supporters trooped through the door, eager for yard signs...

Author: /time Magazine | Title: Can Obama's Grass-Roots Army Win Missouri? | 10/6/2008 | See Source »

...Embassy has been located at Grosvenor Square through generations of pomp and changing circumstance. In 1968 it was a focal point of anti-Vietnam War protests; after the September 11 attacks, it drew ire from local residents worried it could draw terrorist bombs. Through it all, the Mayfair edifice was the site of lively parties for London's chattering classes and influential leaders passing through. All that is due to change, though, with the announcement that the U.S. Embassy plans to relocate across the Thames to a place whose very name reflects a rougher and more industrial tone: the Nine...

Author: /time Magazine | Title: US Embassy in London to Move Down-Market | 10/6/2008 | See Source »

...part of the relocation, which could take up to five years, the Embassy will sponsor an international design competition calling for energy-efficient building techniques and designs that "celebrate the values of freedom and democracy." All plans remain conditional until the United States Congress and local planning authorities approve the move. Unlike most of its embassies around the world, the United States does not own outright the land surrounding its British facility; it is currently leased (like much of the rest of the borough) from the Duke of Westminster, one of Britain's richest...

Author: /time Magazine | Title: US Embassy in London to Move Down-Market | 10/6/2008 | See Source »

...Department started a program of heavily fortifying its embassies against terrorism, some residents saw the Grosvenor Square site as vulnerable. In 2006, a neighborhood association, the Grosvenor Square Safety Group, bought two-page advertisements in The Washington Post and the Times of London that accused the Metropolitan Police and local governments of a moral failure for not closing the two roads adjacent to the embassy. Russian Countess Anca Vidaeff, who lived across from the embassy's side entrance, even held a three-day hunger strike to protest what she claimed was inadequate security. "My property is my pension...

Author: /time Magazine | Title: US Embassy in London to Move Down-Market | 10/6/2008 | See Source »

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