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...Nevertheless, critics have feasted on the Paulson connection as just another example of how Goldman Sachs benefits from "Government Sachs" - the propensity of Goldman alums to turn up in top federal financial posts after they leave the firm...

Author: /time Magazine | Title: The Rage Over Goldman Sachs | 8/31/2009 | See Source »

...Hatoyama's party, nevertheless, appears ready to meet the big challenges his new administration will face. With an economy in crisis, record unemployment and faltering welfare systems, the DPJ is already looking for all the help it can get. The party is expected to meet on Monday with the leftist Social Democratic Party and the conservative People's New Party to discuss the possibility of forming a coalition. As Hatoyama said Sunday night, "We have been fighting, thinking we have to change politics, and now we are about to realize it." The Japanese people have set the ball rolling...

Author: /time Magazine | Title: Japan's Election: Opposition Wins Historic Victory | 8/30/2009 | See Source »

...France not to strut a tiny bit following the recent blows they've dealt the separatist Basque organization Euskadi Ta Askatasuna (ETA). In the past week alone, authorities have unearthed 13 ETA weapons caches in France, and arrested three alleged members suspected of staging two recent bombings in Spain. Nevertheless, officials describe the group as just as dangerous as ever...

Author: /time Magazine | Title: Basque Terror Group Weaker But Still a Threat | 8/27/2009 | See Source »

...Though Netanhyahu is under severe pressure from hard-right partners in his coalition government to concede nothing, his comments in London suggested he might nevertheless consider modifying his hostility to a building freeze. "We are making headway," Netanyahu said ahead of his meeting with Mitchell. "My government has taken steps in both words and deeds to move forward." Later that day, he left for Germany to meet Chancellor Angela Merkel on the last leg of his European jaunt. Though Merkel has always been careful to avoid pressuring Israel in public on the issue, German officials have said the Chancellor will...

Author: /time Magazine | Title: Netanyahu in Europe: Hopes for Renewed Peace Talks | 8/26/2009 | See Source »

...carry out the caning. "We have have never done it to a woman, and we don't know how to do it," said a department senior official who asked not to be named. There is not a single female in the department trained in the "Islamic way" to cane. Nevertheless, prominent Islamic officials in Malaysia have expressed disappointment at the reprieve. "The punishment is light and designed to shame, not to cause physically pain," Harussani Zakaria, an influential cleric, told TIME. "It must be carried out." Counters Amnesty International's Malaysia director, Nora Murat: "Whipping is a form of torture...

Author: /time Magazine | Title: Should a Muslim Mother Be Caned for Drinking a Beer? | 8/25/2009 | See Source »

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