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...Argentina's First Family convey political humility. But as President Cristina Fernández de Kirchner and her husband (and presidential predecessor) Néstor Kirchner absorbed their startling defeat in Sunday's midterm elections, they both offered unusual hints of contrition. "In a democracy, you win and you lose," said Fernández after her Peronist party's congressional majority had vanished, leaving her to deal with a potentially hostile parliament over the last 2½ years of her term. Kirchner, who resigned as the Peronists' leader after suffering a close but stunning loss in a congressional race, conceded...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

...vote of 219 to 212 included more than 40 Democrats who broke ranks with their party's leadership to vote against the bill. Republicans savaged the bill as an economy-killing energy tax - one member even called for a moment of silence for the Americans who would lose their jobs because of the bill - and some left-wing environmental groups, including Greenpeace, withdrew their support because they believed the bill's compromises made it far too weak. (See TIME's photos of ways to boost energy efficiency...

Author: /time Magazine | Title: What the Energy Bill Really Means for CO2 Emissions | 6/27/2009 | See Source »

...however, that balancing act no longer seems possible. In the state's current fiscal crisis, California's public schools stand to lose $5.3 billion on top of $7.4 billion in cuts last year. Superintendents and school boards foresee teacher layoffs, increased class sizes, the loss of computer labs and libraries and, in some districts, insolvency. Superintendent Ramon Cortines says the Los Angeles Unified School District will lay off more than 2,500 teachers...

Author: /time Magazine | Title: The Legacy of Proposition 13 | 6/27/2009 | See Source »

...that stage will be dismantled - and AEG must deal with the financial aftermath. Jackson's death means the firm will have to refund $85 million in ticket sales. The company will also miss out on expected profits of $115 million from VIP packages and merchandising, and it will lose the chance at an additional $450 million from the three-year worldwide tour they hoped would follow the London gigs. (See the top 10 Michael Jackson moments...

Author: /time Magazine | Title: The London Concerts: Michael's Missed Comeback | 6/26/2009 | See Source »

...Democrats would have had such a hard time reaching a consensus on legislation. But getting enough rural and moderate Democrats to sign on was no easy task; the final (some would say watered down) deal is a hard-won, middle-of-the-road bill that is still likely to lose Democratic votes from both the right and the left, though it may gain some moderate Republicans. (Read "Global Warming: A Hot Earth Could Worsen Allergies and Kidney Stones...

Author: /time Magazine | Title: Global-Warming's Rough Ride Through Congress | 6/26/2009 | See Source »

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