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...Madagascar FROM CHAOS TO COUP President Marc Ravalomanana ceded power to the country's military on March 17 after soldiers stormed a presidential palace in the capital city of Antananarivo. The move followed two months of antigovernment protests--many of which were prompted by Antananarivo's ex-mayor, former DJ Andry Rajoelina, who declared himself the country's new leader. Ravalomanana accused his political rival of seizing power by illegal means (according to Madagascar's constitution, the 34-year-old Rajoelina isn't old enough to be President), while the African Union accused Rajoelina of orchestrating a coup that threatens...

Author: /time Magazine | Title: The World | 4/7/2009 | See Source »

...business was a gas while it lasted, but that's a topic for the press-club bar. Instead, consider this: every time a news source dies and an online opinion site rises up, we move a little closer to the fact-starved day when the loudmouths have only themselves to talk about...

Author: /time Magazine | Title: The Moment | 4/7/2009 | See Source »

...Beijing Replacing the Dollar? In a sign of growing concern over the U.S. economy, the head of China's central bank proposed implementing a new currency-reserve system that could ease the country's reliance on the dollar. Experts say the move underlines China's desire to take a leadership role in the global response to the financial crisis. Still, few analysts expect the dollar to be replaced by what Zhou Xiaochuan called a new "supersovereign reserve currency" in the foreseeable future. China, which holds nearly $2 trillion in foreign-exchange reserves, is the U.S.'s largest creditor...

Author: /time Magazine | Title: The World | 4/7/2009 | See Source »

...such, I cautiously applaud the deans’ decision to remain hands-off. Five stress-free, unstructured weeks of time without impending exams around the corner is an exhilarating idea and a welcome departure from the old calendar. The only unfortunate part of the move not to offer classes is that it comes merely as a result of the financial crisis and not out of genuine administrative concern for students’ mental health. The perfect five-week break should be self-determined and uncompetitive—even if the College is able one day to devote money to hashing...

Author: By James A. Mcfadden | Title: Give Me a Break | 4/7/2009 | See Source »

...associate Census director in the 1990s, Groves angered Republicans by supporting a statistical adjustment to compensate for the 1990 undercount - a move that was eventually squashed by the then Republican Commerce Secretary overseeing the Census Bureau. The Supreme Court later ruled that statistical sampling cannot be used to apportion congressional seats but can be used for other purposes, such as legislative redistricting and, of course, doling out dollars. (Read "Why the 2010 Census Stirs Up Partisan Politics...

Author: /time Magazine | Title: Robert M. Groves: Obama's Pick for Census Chief | 4/7/2009 | See Source »

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