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...Stay one step ahead of the news Geithner caused himself so much grief by not being on top of the bonuses, even though many on his staff and on Capitol Hill knew for months they were coming. Clearly, Geithner is a busy guy, what with managing a collapsing economy, trying to restart the credit system and dealing with China, Europe and other representatives of the global marketplace as the recession spreads. And he hasn't exactly had an easy time hiring staff, with three top appointees withdrawing their names from consideration in the past month. "I knew that...

Author: /time Magazine | Title: Five Lessons from the AIG Bonus Blowup | 3/25/2009 | See Source »

...allow it, a friendly four-legged fur ball will curl up at the foot of your bed, or rest on your shoulder as you make yourself a cup of tea. And if you get really attached, you can sponsor the little cutie for as little as $14 a month. Australian resort owner Narelle McMurtrie's 15-year-old animal shelter, the Langkawi Animal Shelter & Sanctuary Foundation, has grown so enormous - yielding, at last count, 130 dogs and 150 cats - that she opened Temple Tree, her second hotel, to help finance her all-consuming charity project. (See pictures of high...

Author: /time Magazine | Title: Temple of Charm | 3/25/2009 | See Source »

...anti-police backlash playing out around the country is unusual considering that Vietnam is a relatively efficient authoritarian state where dissent is rarely tolerated. In two recent incidents, motorcycle riders pulled over by police set their own bikes alight rather than let them be impounded. Last month, a car dragged a Hanoi policeman 15 feet before racing off. An angry crowd seeing a cop roughing up a driver in the southern province of Dong Nai used bricks to smash the officer?s motorcycle...

Author: /time Magazine | Title: Vietnamese Fight Back Against Cop Corruption | 3/25/2009 | See Source »

...press has given the flare-up an ascending series of alarming descriptions: "a dispute that could lead to a trade war"; a "mini-trade war"; and the full, flaming "Obama's first trade war." This month's ban on Mexican truckers operating in U.S. territory quickly led to Mexico's imposing retaliatory tariffs on a wide range of American products. The speed with which the two governments have been willing to sacrifice free trade for a political spat has politicians and business lobbies south of the border increasingly worried about how well the fragile Mexican economy can survive the fracas...

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

...service is still called the KGB and the iron-fisted rule of President Alyaksandr Lukashenka has led the U.S. State Department to dub the country "Europe's last dictatorship." U.S.-based nongovernmental organization Freedom House included the country in its "Worst of the Worst 2009" report released earlier this month, naming Belarus one of the 21 most repressive places in the world...

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

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