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...year-over-year numbers are going to surge from a depressed base of a year ago, the fact that some market makers feel it is important must make it important," noted strategist David Rosenberg at wealth manager Gluskin Sheff in a Monday report to clients. Such is the power of market psychology...

Author: /time Magazine | Title: Will Earnings Reports Push Stocks Higher? | 10/20/2009 | See Source »

...reason Boston is ‘overflowing’ with culture is the shallow vessel in which it is contained?”) Others propose that the very idea of an intellectual nucleus is outdated, with the collective energy of e-mail, blogs, and Twitter heralding a more diffuse power breakdown—in high-school-chemistry-speak, more plum pudding than Bohr model...

Author: By Jessica A. Sequeira, CRIMSON STAFF WRITER | Title: Bright Lights, Big Pity | 10/20/2009 | See Source »

...Most significant, for all of his protestations about the other side's lack of integrity and his vows to govern alone, Tsvangirai has, in the end, given Mugabe exactly what he wants - sole power over the government again. As this has been Mugabe's aim all along, Tsvangirai's move is undeniably self-defeating. Karin Alexander, a Zimbabwe expert at the Institute for Democracy in Africa in Pretoria, says the MDC is giving Mugabe the opportunity to cast it as the spoiler of the peace deal. She adds, however, that the move might be seen as a tactic to impel...

Author: /time Magazine | Title: In Zimbabwe, Tsvangirai Gambles on a Boycott | 10/19/2009 | See Source »

...award is, of course, a powerful indictment of Africa's still patchy governance and the continent's most recently retired leaders. The Ibrahim Prize for Achievement in African Leadership considers democratically elected former heads of state or government who have left office in the last three years. The prize is worth $5 million over 10 years and $200,000 a year for life thereafter. By making the reward so big - it is the largest annually awarded prize in the world - Ibrahim has said he wanted to create something to encourage African leaders to do good while in power, in part...

Author: /time Magazine | Title: The Prize for Best African Leader Goes to ... No One | 10/19/2009 | See Source »

...therein lies a powerful message. Candidates for this year's prize included former South African President Thabo Mbeki, who resigned last year, former Nigerian President Olusegun Obasanjo, who left office in May 2007, and former Ghanaian President John Kufuor, who stood down at the end of his two terms in January. All three have been lauded for their roles in what Mbeki once called an "African Renaissance." But all three were also accused by rivals of consolidating power to the detriment of democracy in their countries. Mbeki was also regularly criticized while in power for his inaction on AIDS...

Author: /time Magazine | Title: The Prize for Best African Leader Goes to ... No One | 10/19/2009 | See Source »

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