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...indispensable financial center. Leaving Frankfurt and Paris in the dust and encouraged by the policies of Gordon Brown, the current British Prime Minister, it has become a magnet for people, jobs and investment from around the world. The big U.S. banks made London their international hub, and the major continental European banks moved much of their trading and investment banking operations there. About 70% of international bonds, one-third of the world's foreign exchange and almost half the total volume of international equities are traded in London, more even than New York, its only remaining rival as the world...

Author: /time Magazine | Title: London's Gathering Storm | 10/9/2008 | See Source »

...head negotiator for the Tibetan delegation since talks between the Central Tibetan Authority, headed by the Dalai Lama, and the People’s Republic of China began in 2002. His continued diplomatic efforts have had some success, but he said Chinese insistence on the Dalai Lama as a major instigator of resistance has slowed down the process. In the wake of several pro-Tibet protests and demonstrations last spring, Chinese authorities charged the Tibetan spiritual leader with condoning, even encouraging, violence. As Gyari noted, Chinese officials were later forced to recognize the protests as “a strong...

Author: By Edward-michael Dussom, CONTRIBUTING WRITER | Title: Tibetan Envoy Calls for Talks | 10/8/2008 | See Source »

...involved. Through August, Florida had 10.6 million registered voters. That includes almost 450,000 who were added to the state's rolls this year - and among those, 252,000 registered as Democrats, while fewer than 100,000 are Republicans. No age breakdown is available, but election experts agree a majority of those new voters are under age 30. Zach Moller, a senior economics major and president of the University of Florida Democrats, says 2,500 UF students registered on campus on the first day of classes last month; that number has doubled since then and he expects it to have...

Author: /time Magazine | Title: Young Voters Could Be the Deciding Factor in Florida | 10/8/2008 | See Source »

...reason for this heightened interest is the prevalence of issues that really engage younger voters, not just the Iraq War but eco-debates like whether or not to permit oil-drilling off Florida's coast. Bryan Griffin, 20, a junior classics/political science major and head of UF's Republicans, suggests young Floridians have begun to shift their focus from the beach to the ballot box. "There's a lessening of political apathy,"he says. "Florida kids have a lot of [recreational]distractions, but we're waking up now to the realization that we can make a difference in this state...

Author: /time Magazine | Title: Young Voters Could Be the Deciding Factor in Florida | 10/8/2008 | See Source »

...says. "If the banks are in trouble, they can be nationalized and the government can protect the whole system." Yesterday, Britain pledged hundreds of billions of dollars in credits, guarantees and cash to shore up its banking system. The package included partial nationalization of some of the country's major banks...

Author: /time Magazine | Title: US-Europe Rate Cut Comes Too Late for Asia | 10/8/2008 | See Source »

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