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...principal figure was the head of the Bank of England, a fellow called Montagu Norman. He was a complete eccentric. He carried the mystique that Alan Greenspan did a few years ago. His major problem was he had a very fragile mental constitution - not a good attribute if you're a central banker - but he exerted this influence, particularly on Americans. They were just completely bowled over by him. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Q&A: Lessons from the Great Depression | 1/6/2009 | See Source »

...Most sources now report the death toll in Gaza at around 550 and the United Nations has stated that at least a quarter of these people are civilians. The strikes have been successful in destroying symbols of Hamas’s governance in Gaza and killing at least one major military leader...

Author: By The Crimson Staff | Title: A Dangerous Strategy | 1/6/2009 | See Source »

...targets must have been the houses, schools, mosques, universities, refugee centers, and hospitals that have been decimated in the past week. If not, then Israel had already decided that the entire infrastructure of this already impoverished city was dispensable collateral damage in its hunt for a few Hamas militants. Major newspapers carried the story of five daughters of the Balousha family, who were killed while hiding in a mosque that Israel bombed alongside one of its other targets: the Jabalya refugee center. Ha’aretz writer Amira Hass reported that, despite military intelligence, Israel chose to bomb...

Author: By Nadia O. Gaber | Title: Far from Self-Defense | 1/6/2009 | See Source »

...after China announced a major offensive to combat online pornography, Thailand publicized another Internet crackdown, in which local authorities had blocked 2,300 websites. Their alleged offenses? No, not images of skimpily clad women of the kind that can be found in any one of Bangkok's ubiquitous entertainment districts. Instead, these websites were banned because of material that was deemed insulting to the country's beloved royal family...

Author: /time Magazine | Title: Thailand Moves to Bar Web Insults to King | 1/6/2009 | See Source »

...dining facility at Camp Liberty, a U.S. base, I was stopped short on my way to the salad bar when I saw the "non-pork grill" - a relatively new addition to meet the needs of the increasing number of Iraqis using the U.S. facilities. It is a major step away from the cultural blunders of the post-invasion years...

Author: /time Magazine | Title: Baghdad Bag Claim: A (Happy) Tale of Lost Luggage | 1/5/2009 | See Source »

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