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...then there's Somalia. Somalia is the world's biggest humanitarian crisis, in which 3.5 million people - more than one-third of the population - are now on the brink of starvation after 17 years of civil war. If we have a responsibility to protect anywhere, surely Somalia would be top of the list. But Somalia has attracted no offers of help from the West, and only a few thousand African Union troops. It is not as if the world has no interest in what happens in Somalia; anarchy has fostered not only a starvation catastrophe and international piracy, but also...

Author: /time Magazine | Title: Why Congo's Peacekeepers Are Coming Under Fire | 10/28/2008 | See Source »

...argued for a cut of two million barrels when they arrived in Vienna on Thursday for OPEC's emergency meeting. OPEC countries set oil production quotas, and their tactic of fixing their combined output has for years hugely influenced world prices, since OPEC's 13 members account for about one-third of the world's total oil supplies...

Author: /time Magazine | Title: What's Behind (and Ahead for) the Plunging Price of Oil | 10/24/2008 | See Source »

Marks said that an informal study conducted by a member of HRL found that each week, nearly one-third of the group’s posters had been removed or completely covered by other flyers. Marks added she was unsure if the posters had been defaced out of malice or mere coincidence...

Author: By Charles J. Wells, CRIMSON STAFF WRITER | Title: Harvard Dean Stresses Free Speech After Vandalism of Right to Life Posters | 10/24/2008 | See Source »

...current British Prime Minister, it has become a magnet for people, jobs and investment from around the world. The big U.S. banks made London their international hub, and the major banks of continental Europe moved much of their trading and investment-banking operations there. About 70% of international bonds, one-third of the world's foreign exchange and almost half the total volume of international equities are traded in London--more even than in New York City, its only remaining rival as the world's financial capital. Hedge funds piled into Mayfair on the heels of private-equity players...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

...professional services linked to finance, such as accounting, law and management consulting, and the total rises to 14%. And that's for Britain as a whole. For London, finance has been even more important: it accounts for almost one-fifth of the city's total output, perhaps as much as one-third if professional services are included. That's far more than for even New York City, where financial services account for about 15% of its economy...

Author: /time Magazine | Title: London Falling | 10/23/2008 | See Source »

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