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Nope, no real chance of that. But a spate of somewhat better-than-expected economic numbers this week and last has forecasters declaring that the pace of decline seems to have slowed. Such a slowing has to happen before things start to improve. Which could mean that we're seeing the beginning of the beginning of the end of this nasty recession. (See pictures of the global financial crisis...

Author: /time Magazine | Title: Is the Economy Starting to Recover? Or Just Less Bad? | 3/26/2009 | See Source »

...Reilly Factor is A Bold Fresh Piece of Humanity New York Mayor Michael Bloomberg is one of the most generous men in America. By donating millions to charity each year, he sets an example and elevates the political landscape. He is firm without being mean, effective without doing harm. He is devoting his life to helping others...

Author: /time Magazine | Title: The TIME 100 | 3/26/2009 | See Source »

...Mexicans are normally pleased to celebrate any chance to hit back against the imperialist gringos, there was little popular applause for the latest measures. As the world economy is suffering, the Mexican peso has lost about 40% of its value against the dollar in the past four months. That means higher prices for just about any product imaginable in the supermarkets and stores of Mexico, which imported $151 billion worth of goods from its northern neighbor last year. The new tariffs mean the prices will go up even further. "This will hit poor people, whatever the government says," Ramirez says...

Author: /time Magazine | Title: Obama's 'Trade War': No Truck with Mexico | 3/25/2009 | See Source »

Others disagree. "In effect, the E.U. has taken away its previous conditions of democracy and human rights," says Valery Karbalevich, a Belarusian political analyst. "They still talk about them, but they don't mean it." And Lukashenka seems less than committed to living up to the initiative's "shared values, including democracy, the rule of law, and respect for human rights." Just last week he said, "It's wrong [for the E.U.] to disturb us over minor points," and called the opposition "enemies of the Belarusian people...

Author: /time Magazine | Title: Belarus: Can Europe Change Its 'Last Dictatorship'? | 3/25/2009 | See Source »

...does not want to maintain a caretaker government until June, when Sweden takes over the E.U. presidency. If none of the candidates for the new prime minister can secure a majority - a strong possibility in the split Czech parliament - early elections would have to be called, which would mean further distractions for the country supposedly shepherding the E.U. (Read: "'Old Europe' Wary as Czechs Take Over E.U. Presidency...

Author: /time Magazine | Title: Czech Government's Collapse Hits the E.U. | 3/25/2009 | See Source »

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