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That doesn't mean there's no downside. Supersized sovereign debt is likely to depress economic growth. Hefty debt payments lead to heftier taxes, which bite into consumer spending and corporate investment. Economists Carmen Reinhart of the University of Maryland and Kenneth Rogoff of Harvard University found in a recent...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

-with reporting by Bruce Crumley / Paris and Nicole Itano / Athens

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

Harvard showed its strength in the middle distances, as sophomore John Dingus raced to a second-place finish in the 400-meter dash, crossing the line in 48.81 seconds. Dingus also helped the Crimson to a third-place showing in the 4x400-meter relay, along with co-captain Justin Grinstead...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: Harvard Takes Home Fourth at Heps | 3/1/2010 | See Source »

To be fair, Haiti has had far less experience with earthquakes, and therefore earthquake preparedness, than Chile has. (Before Jan. 12, the last major quake to hit Port-au-Prince was in 1751.) There will, of course, be the apologists who insist it's unfair to compare a basket case...

Author: /time Magazine | Title: Chile and Haiti: A Tale of Two Earthquakes | 3/1/2010 | See Source »

But only a start, many transsexuals in France say. In practice, the declaration will do little to improve their legal or medical rights in the country. For example, transsexuals are still required to have a sex-change operation before they can change their gender in the eyes of the law...

Author: /time Magazine | Title: In France, Transsexuals Celebrate a Small Victory | 3/1/2010 | See Source »

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