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Ukraine •fist fights break out in Parliament...

Author: /time Magazine | Title: Paul Slansky's Weekly Index of the News | 11/14/2008 | See Source »

...rang Slater a few days later from London, where he was head of foreign exchange for investment bank Merrill Lynch. It would be a few years before Key could extricate himself from the world of finance, and he entered Parliament in 2002; he became the party's leader four years later. And on Nov. 8, the political career launched by that call culminated in a resounding election victory for Key and National, ending nine years of Labour rule under Helen Clark. On the night, hundreds of supporters gathered outside Key's mansion in the affluent Auckland suburb of Parnell. "That...

Author: /time Magazine | Title: Key to the Kingdom | 11/13/2008 | See Source »

OUSTED After three terms as Prime Minister of New Zealand, Labour Party leader Helen Clark, 58, lost the nation's Nov. 8 elections to National Party leader John Key. Majority power in parliament shifted to Key's party, resulting in Clark's resignation from her post as Labour Party head three days later. Saddened colleagues praised Clark's years in office, during which she boosted New Zealand's economy by cutting debt and building huge surpluses...

Author: /time Magazine | Title: Milestones | 11/13/2008 | See Source »

...failures pumped up a housing bubble that is now deflating fast, hurting Ireland's outsized construction sector. Factor in soaring unemployment, weaker consumer spending and the gummed-up credit markets, and Ireland is facing "the most challenging fiscal and economic position in a generation," Finance Minister Brian Lenihan told parliament on Oct. 14. "We must all pull together if we are to return to more prosperous times...

Author: /time Magazine | Title: Ireland's Economy: Celtic Crunch Time | 11/12/2008 | See Source »

...example, was the Italian Prime Minister thinking three years ago when he credited his own "playboy" powers for persuading Finland's female prime minister to agree that a key European Union agency be accorded to Italy? And what prompted him to compare a German member of the European Parliament to a Nazi prison guard, or to flash two fingers of the cuckold behind the head of the Spanish foreign minister during the family photo at a European summit...

Author: /time Magazine | Title: Why Berlusconi Loves a Good Gaffe | 11/11/2008 | See Source »

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