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...provide an alternative pole of growth, a model for abolishing wars between neighbors, cultural education and a moral voice for supporting initiatives like the Kyoto Protocol and the International Criminal Court. There are no shortages of opportunities for Europe to provide leader-ship. But, as Copenhagen demonstrated, it may no longer even be in the room when crucial decisions are being made...

Author: /time Magazine | Title: Europe's Errors | 3/8/2010 | See Source »

...sidelines. Instead of a foreign policy triumph, 2010 began with an unseemly squabble over whether or not to bail out Greece, whose debt has dragged down Europe's currency. At the same time, U.S. President Barack Obama announced he would be skipping an E.U.-U.S. confab in Spain in May, frustrated, it appeared, with the endless summitry that goes with accommodating the E.U. Little wonder that Europe finds itself in one of its periodic bouts of angst-ridden self-doubt. And little wonder that the rest of the world is asking questions: What does Europe stand for? Where does...

Author: /time Magazine | Title: The Incredible Shrinking Europe | 3/8/2010 | See Source »

...good life at home doesn't make Europe strong abroad. The E.U. may have all the soft-power credentials in the world, but on the grand stage it has lacked the weight and influence of others. At times, it simply seems unable to say what it thinks. Washington and Beijing may squabble from time to time, but the U.S. has a reasonably well-articulated China policy: engage economically, encourage democratically, and criticize on human rights when appropriate. What's the E.U.'s China policy in a few words? (Read: "Should Europe Lift Its Arms Embargo on China...

Author: /time Magazine | Title: The Incredible Shrinking Europe | 3/8/2010 | See Source »

...Luis Rodríguez Zapatero Position: PM of Spain, holder of rotating presidency Powers: The long-term Council President should make this role irrelevant. Member states may disagree...

Author: /time Magazine | Title: The Incredible Shrinking Europe | 3/8/2010 | See Source »

...Congress may be struggling to pass much legislation these days, but its members remain masters at summoning indignation. As political theater, the first few days of congressional hearings into Toyota's customer-safety crisis had it all: testy exchanges, Clintonian hairsplitting, obnoxious grandstanding--even multiple references to Marisa Tomei's automotive wizardry in My Cousin Vinny. On Feb. 24, Toyota president Akio Toyoda, grandson of the company's founder, sat before the House Oversight and Government Reform Committee to apologize. "Quite frankly, I fear the pace at which we have grown may have been too quick," he said, as members...

Author: /time Magazine | Title: Spotlight: Toyota Hearings | 3/8/2010 | See Source »

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