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...senior fellow at the nonprofit Center for Education Reform. "For more than 30 years, the Catholic Church has been supporting the public-school system, educating children that many said were uneducable," Carter says. "When these schools are closing at [a rate of] 100 to 200 a year, no matter how small they are, that ends up putting a massive burden on an already burdened public-school infrastructure." As he sees it, urban Catholic-school closures dump students back into a system that is ill-prepared to educate them, a system that in many large U.S. cities awards diplomas to only...

Author: /time Magazine | Title: Looking for Solutions to the Catholic-School Crisis | 10/12/2009 | See Source »

...Still, it is only a matter of time before Korea follows Australia's lead. So will the People's Bank of China, the Reserve Bank of India, the Reserve Bank of New Zealand, the Monetary Authority of Singapore - and perhaps several months down the road, the European Central Bank. As economies recover and jobless rates fall, most policymakers will raise interest rates to head off the inflation that could result from the massive fiscal stimulus spending launched by governments around the world to combat the global recession. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Why Investors Should Bet Against the Dollar | 10/12/2009 | See Source »

...matter how carefully chosen Obama's words were, nothing was going to disarm his critics. Shortly after 9:30 a.m., Michael Steele, the head of the Republican National Committee, struck the first blow, issuing a release that suggested Obama was undeserving of the award. "The real question Americans are asking is, 'What has President Obama actually accomplished?'" Steele said in the statement. "One thing is certain - President Obama won't be receiving any awards from Americans for job creation, fiscal responsibility, or backing up rhetoric with concrete action." (Read "Obama's Nobel: The Last Thing He Needs...

Author: /time Magazine | Title: Obama's Surprising Nobel Wake-Up Call | 10/10/2009 | See Source »

...Nature is infinitely resourceful,” wrote James D. Wells, a member of the CERN theory group, in a recent e-mail from England, “and will keep us very busy no matter what surprises the LHC reveals...

Author: By Alissa M D'gama and Huma N. Shah, CRIMSON STAFF WRITERS | Title: Physicists Wait for ‘Surprises’ of LHC | 10/9/2009 | See Source »

...excitement in the Islamic world that might have been aroused by the U.S.'s electing its first President with a partly Muslim family background has long since passed. Even then, the more predominant view had been a jaded one, which held that no matter who is in the White House, America's pro-Israeli policies always stay the same. But expectations were raised after Obama's Cairo speech gave as much respect to Palestinian grievances and aspirations as to the Israeli perspective. Still, the Arab and Muslim worlds are waiting for Obama to deliver on those expectations. And they have...

Author: /time Magazine | Title: Cool Reaction in the Mideast to Obama's Nobel Prize | 10/9/2009 | See Source »

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