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...same goes for the country's big banks as a group. This week's positive results, which had been anticipated by a monthlong rally in bank stocks, are certainly better than last year's multibillion-dollar losses. But bank earnings are extremely sensitive to assumptions about the future, and whether the banks are actually on the road to recovery will depend to a great extent on how the economy performs in the coming months. That said, there are a few dumbed-down lessons that can be taken from the earnings news thus...

Author: /time Magazine | Title: Citigroup's Surprising Profit: Is It for Real? | 4/17/2009 | See Source »

...From there, they telephoned their families to tell them they were going across the border, to Dharamsala in India, to see the Dalai Lama and get an education. The families were worried - in addition to the risk of being caught fleeing Tibet, the boys faced an even more arduous, monthlong trek through innumerable snow-covered passes. Each was barely out of his teens and had paid 3,000 yuan (about $440) to a "guide" to take them to Nepal, where they would be received by the Refugee Reception Centre run by the Tibetan government-in-exile...

Author: /time Magazine | Title: Tibetan Exiles: A Generation in Peril | 3/10/2009 | See Source »

...move follows a monthlong campaign by atheists, agnostics and other nonbelievers that saw 800 London buses plastered with a less God-fearing slogan: "There's probably no God. Now stop worrying and enjoy your life." Ariane Sherine, an atheist and London-based comedy writer, devised the scheme after seeing a Christian bus advertisement. "It basically said that unless you believe this, you're going to end up suffering," she says of a pro-Jesus poster that featured what she describes as a "fiery apocalyptic sunset." "Our campaign provides reassurance for people who might be agnostic and don't quite believe...

Author: /time Magazine | Title: Christians and Atheists Battle in London Bus Wars | 2/8/2009 | See Source »

...list: battle the effects of a plummeting economy, bolster schools and the small-business sector, shore up agriculture and deal with a host of environmental issues, from clean coal to protecting Lake Michigan. "Nothing's getting done," says state representative Patricia Bellock, a Republican who sat in on the monthlong process hearings that led to the trial. "Nothing...

Author: /time Magazine | Title: Behind the Blagojevich Mess, a State in Disarray | 1/29/2009 | See Source »

...powerful organization has little to gain from triggering a new conflict with Israel at this time, despite having given the Israeli military a bloody nose during the monthlong war in 2006. Lebanon heads to the polls in June for knife-edge parliamentary elections. If Hizballah and its allies in the opposition win and form the new parliamentary majority, it will greatly strengthen the organization's ability to deflect domestic and foreign demands that it dismantle its military wing. But with Lebanon still recovering from the 2006 conflict, few Lebanese, including its core Shi'ite support base, will thank Hizballah...

Author: /time Magazine | Title: Who Fired on Israel from Lebanon? | 1/8/2009 | See Source »

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