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It's a remarkable achievement for a currency whose only global rival is the U.S. dollar. The greenback has more than two centuries of history behind it. But it wasn't until Jan. 1, 1999 that 11 E.U. countries locked their national currencies together into a fixed exchange rate. Three...

Author: /time Magazine | Title: Is the Euro the New Dollar? | 1/1/2009 | See Source »

Ploeg notes that these results should help doctors make the most of the kidneys that are currently available. Ploeg's study found that machine-preserved kidneys performed consistently better than cold-stored kidneys no matter who the donor. In other words, perfusion proved beneficial, even when the organ donor was...

Author: /time Magazine | Title: Building a Better Kidney Transplant | 12/31/2008 | See Source »

But others do fear sinister plots, and there is some historical justification for that. They date back to the 1980s, when Lt. Col. Oliver North worked with the Federal Emergency Management Agency (FEMA) to provide for the continuity of government in the wake of insurrection or an atomic attack. He...

Author: /time Magazine | Title: Should the Military Be Called in for Natural Disasters? | 12/31/2008 | See Source »

Egypt's own escalating conflict with Hamas makes Cairo an unlikely mediator this time around. Instead, Egypt has been seeking help from other regional players, particularly Turkey - which has good relations with Syria, the regional player with the most influence over Hamas. In the power struggle that pits Egypt and...

Author: /time Magazine | Title: Israel Versus Hamas: How to Shape a Cease-Fire | 12/31/2008 | See Source »

Israel continued to pound targets in Gaza from the air on Monday even as it made final preparations for a ground assault. The Israeli military offensive began on Dec. 27, after the lapse of a six-month-long de facto cease-fire between Israel and the government of the Palestinian...

Author: /time Magazine | Title: Hamas Military Barely Dented by Israeli Attacks | 12/29/2008 | See Source »

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