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...still gets a seat in the Chamber of Deputies because of proportional-voting rules. But Union-Pro leader and billionaire businessman Francisco de Narváez told the Buenos Aires daily La Nación that Kirchner "needs to step aside and let his wife be the nation's President and build some space for consensus." The President, he said, needs to read "these election results well." Other Latin Presidents should...

Author: /time Magazine | Title: What Argentina's Midterms Mean for Latin America | 6/30/2009 | See Source »

...mass-mobilization development strategies that echo the regime's policies of the 1950s. "The whole country and all the people," Kim Jong Il was quoted saying in a January editorial, "should launch a general offensive dynamically, sounding the advance for opening the gate to a great, prosperous and powerful nation...

Author: /time Magazine | Title: North Korea's Other Crisis: An Economy in Tatters | 6/30/2009 | See Source »

...into bargain getaways. The weakening of South Korea's won helped the country attract 7% more tourists last year--a faster rise than that of any other Asian destination--and so far this year, 50% more Japanese tourists have visited. In Iceland, where the krona has fallen sharply, the nation is betting on increased arrivals: this summer Icelandair will open up new routes to nine cities in Europe and North America. And VisitBritain, the official U.K. tourism body, is running a $2.6 million ad campaign urging foreigners to "see more of Britain for less." "The pound isn't going...

Author: /time Magazine | Title: The Vacation Recession | 6/29/2009 | See Source »

...Israel over settlements at a moment when he's being berated for speaking too softly on Tehran's crackdown. Members of Congress are now proposing new sanctions legislation and even demanding hearings on U.S. policy toward Tehran. And that's exactly the conversation that Netanyahu wants dominating the nation's capital...

Author: /time Magazine | Title: Will Iran Take the Heat Off Israel over Settlements? | 6/29/2009 | See Source »

...seven years ago. Their dispute with Zelaya, in fact, arose from their fear that he was making a bid to become another Chávez. Earlier this year, Chávez, a democratically elected President who has enfranchised Venezuela's poor but has been widely criticized for undermining the nation's other branches of government, won a referendum that lets him seek re-election indefinitely. (Other Latin Presidents, like Bolivia's Evo Morales, have also pushed through constitutional changes allowing them to seek additional terms.) Zelaya, whose term ends early next year (he's limited to one), had hoped...

Author: /time Magazine | Title: The Honduran Coup: How Should the U.S. Respond? | 6/29/2009 | See Source »

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