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...Indeed, notable achievements have been attained during its 34 years. With no topic off limits, areas of mutual interest such as the economy, energy, environment, foreign affairs, health, labor, terrorism and trade tend to get discussed. And these discussions, in turn, get written about in the press, sparking conversation among like-minded people around the world. Look past those quintessential G-8 buzzwords like "consultation," "global social integration," and "millennium development goals" and you can see that, in recent years, the summit has given eventual rise to debt forgiveness for poor countries, a significant aid package for Africa...

Author: /time Magazine | Title: The G-8 | 7/8/2009 | See Source »

...success against Afghan Taliban and other al-Qaeda in Pakistan. Similarly, and I met with General [Ashfaq] Kayani yesterday, I don't think that they can be entirely successful in maintaining security in the tribal areas unless Afghanistan is a stable state, so I think there is a shared mutual interest because they both feed on each other...

Author: /time Magazine | Title: TIME's Interview with General Stanley McChrystal | 7/8/2009 | See Source »

...defeat by Chelsea rival, I presumed these were the words of a gloating Chelsea fan. Despite supporting an altogether different team—Tottenham—I nonetheless empathized with the pilot due to Tottenham and Arsenal’s natural animosity, and so willingly joined in scorning our mutual enemy...

Author: By Olivia M. Goldhill | Title: Home & Away | 6/26/2009 | See Source »

...marital woes, he deleted it and blocked his wife from seeing his page. A couple of days later, the IT worker in Florida--who asked that his last name not be used in this story - found alarmed messages from two Facebook friends in his inbox. Tammie had used a mutual friend's account to view Patrick's wall and e-mailed several women he had had exchanges with. He says her e-mails were borderline defamatory. She says they merely noted that he was married with children, a fact he had left off his Facebook profile. Either way: Ouch...

Author: /time Magazine | Title: Facebook and Divorce: Airing the Dirty Laundry | 6/22/2009 | See Source »

Their evidence? Mutual-fund managers failed as a group to outsmart the market, and studies showed that new information was quickly incorporated into prices. Eugene Fama, a young professor at Chicago's business school, tied all this together in 1969 into what he dubbed the efficient-market hypothesis. "A market in which prices always 'fully reflect' available information is called 'efficient,'" he wrote--and the evidence that such conditions prevailed in the U.S. stock market was "extensive, and (somewhat uniquely in economics) contradictory evidence is sparse...

Author: /time Magazine | Title: The Myth Of the Rational Market | 6/22/2009 | See Source »

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