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...largest economies are cooperating to solve the economic crisis. But the honor was hardly an unvarnished vote of confidence. During her Japan stopover, Clinton took an unusual side trip by also meeting with Ozawa, the DPJ chief. Is Washington expecting a sea change in Japanese politics? During a period of unprecedented economic turmoil, it's wise to hedge your bets...

Author: /time Magazine | Title: Crunch Time | 2/19/2009 | See Source »

...right. The stock market wanted CEO Kjell Aamot's head, and Schibsted's board was fully prepared to give it to them. Only Tinius Nagell-Erichsen, the revered former chairman who controlled the Schibsted family's trust, said no. Now VG's website, VG.no, is Norway's biggest destination, period. In 2007 VG Nett, the paper's online arm, had pretax earnings of $23.4 million on revenues of $55 million, up 44% over 2006 and accounting for just over a third of VG's total profits. Online ad revenue is also over a third of VG's total. That...

Author: /time Magazine | Title: Turning the Page: The News on Europe's Newspapers | 2/19/2009 | See Source »

...known as both a fierce negotiator and a creative problem solver who helped shepherd the steel industry through a painful transition period. His knowledge of the financing, as well as the labor, side of negotiations is thought to be the reason Obama tapped him to be an adviser on auto issues...

Author: /time Magazine | Title: Ron Bloom, Obama's Car Non-Czar | 2/18/2009 | See Source »

...That ruling definitively buries historical interpretations rooted in the post-war reconciliation period. The common view, which has endured for decades, held that it was the Nazis who mistreated and deported France's Jews, or forced their French collaborators to. "This is a very satisfying ruling for me, in that it legally refutes the notion that the Vichy regime and the acts it committed were entirely the responsibility of German occupiers," says Serge Klarsfeld, France's leading Holocaust historian and Nazi hunter, whose own father perished in German camps. "What this says in legal terms is that as much...

Author: /time Magazine | Title: Behind the French Ruling on WWII Deportations of Jews | 2/18/2009 | See Source »

...region. But the coming months will provide a severe test of that relative calm. "It's hard to predict what will happen," says Rigzin. "But if they try to shove it down their throats and make Tibetans celebrate, that would not be good at all." Even if this period passes quietly, the year ahead contains many more potentially explosive anniversaries for Tibetans. April will mark the 20th anniversary of the bloody 1989 suppression of anti-Chinese protests in Lhasa. Even more sensitive will be the 50th anniversary, in mid-March, of the Dalai Lama's flight into exile in India...

Author: /time Magazine | Title: In Protest, Tibetans Refuse to Celebrate New Year | 2/18/2009 | See Source »

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