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...beautiful while it lasted: Impressive growth rates, speedy development, and a strong and diversified financial services industry put miniscule Iceland on the economic map. But it wouldn’t last forever. In the past month, all three major Icelandic banks have been effectively nationalized, the stock market has crashed, and the International Monetary Fund (IMF) has been called in to calm international investors and prevent the country’s bankruptcy. As the global financial crisis claims its first sovereign victim, it is important to understand that every party involved would have benefited from more coordinated international regulation...

Author: By Pierpaolo Barbieri | Title: Gone With the (Arctic) Wind | 10/29/2008 | See Source »

...activities than in the past. Attendees were able to make Hebrew name bracelets, purchase HSI t-shirts and shot glasses that proclaimed “Give peace a shot,” enter a raffle to win posters of Israel, and play “Pin Israel on the Map.” Students also had the opportunity to write notes for the Western Wall, which Levy will deliver to the Jewish holy site when she goes to Israel this winter. Those present at the event included Harvard students from across the University, professors, Cambridge residents, and tourists, who cited...

Author: By Liyun Jin, CONTRIBUTING WRITER | Title: Israeli Culture on Display at I-Fest | 10/29/2008 | See Source »

...Virginia has become a make-or-break state for McCain, and Prince William County is its red-hot center. The site of the first and second battles of Bull Run more than 140 years ago, it now marks a new Mason-Dixon Line on the electoral map: a midpoint between the largely blue-leaning industrialized North that stretches up to Maine and the agrarian, conservative South. The western part of Prince William is old Virginia, rural horse country dotted with estates and polo fields. This end of the county helps make it the ninth richest...

Author: /time Magazine | Title: Why the New Virginia Is Leaning Toward Obama | 10/27/2008 | See Source »

Thanks to DeLay's machinations, the political ironies in the district rise as high as Ike's storm surge. In the former majority leader's redrawing of the Texas map, he pulled the Johnson Space Center and NASA, a pork-rich environment, into District 22. And after winning DeLay's old seat, the Democratic leadership restored Lampson seniority based on his four terms representing his old adjacent district, which had been dismantled by DeLay. That led to Lampson serving on three committees vital to the district-agriculture, science and technology, and transportation- which helped him win the endorsement...

Author: /time Magazine | Title: Races to Watch: A Texas Dem Tries to Keep DeLay's Seat | 10/27/2008 | See Source »

...Bush Administration's so-called peace road map was already falling to pieces, and the Palestinians are now saying that they might as well go home and wait for Israeli elections to finish and for a new prime minister to take charge. By then, Bush will have packed his bags and left the White House, leaving the challenge to either President McCain or Obama...

Author: /time Magazine | Title: Peace Prospects Dim as Israeli Elections Loom | 10/26/2008 | See Source »

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