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There may also be political reasons for this unexpected turn. When the crisis intensified in mid-September, Washington acted quickly. There was a Treasury Secretary to devise and present a rescue plan, and a Congress - after an initial case of the vapors - to act on it. But there is no Hank Paulson in Europe, nor a precise counterpart to Federal Reserve Chairman Ben Bernanke. Jean-Claude Trichet heads the European Central Bank, but it cannot play the lender of last resort, as the Fed did on Sept. 16 by loaning $85 billion to prop up the U.S. insurance giant...

Author: /time Magazine | Title: Gloat at Your Peril | 10/9/2008 | See Source »

Animal brains operate mostly in the present and past; they know what's happening now, and they recall things that occurred before. When animals encounter an unwelcome outsider, simply driving away the interloper is thus sufficient, since they don't give much thought to whether the intrusion will happen again. Humans, however, operate with awareness of the future, which means we seek to extinguish not only a current threat but also future ones--and that can mean trying to eradicate the entire group that poses the perceived danger...

Author: /time Magazine | Title: Race and the Brain | 10/9/2008 | See Source »

...political authority at the end of this month. But, with restrained responsiveness from Communist Party representatives, Gyari expressed concern over whether the ongoing discussions would lead to an equitable solution. “In the absence of serious and sincere commitment on [the Chinese] part, the continuation of the present dialogue process would serve no purpose,” he said. Gyari has served as the head negotiator for the Tibetan delegation since talks between the Central Tibetan Authority, headed by the Dalai Lama, and the People’s Republic of China began in 2002. His continued diplomatic efforts...

Author: By Edward-michael Dussom, CONTRIBUTING WRITER | Title: Tibetan Envoy Calls for Talks | 10/8/2008 | See Source »

...third of the country's population being illiterate at a time of 8%-plus growth, the government is also mulling a Right to Education Bill, which would make the right to primary education legally enforceable in a court of law. But child rights activists say the legislation in its present form will only produce a class of semi-literate, semi-educated people and perpetuate social inequity...

Author: /time Magazine | Title: India's Grass-Roots Teachers | 10/8/2008 | See Source »

...finally torn it apart. Senior members of the party on Wednesday announced plans to leave ANC and form a new political party. At a press conference in Johannesburg, Mosiuoa "Terror" Lekota, a former political prisoner who served as national chairman of the party and defense minister, said of the present ANC leadership: "We are serving them divorce papers." Lekota said he would convene a national convention of dissatisfied party members and others to discuss "how to defend democracy in this country." He added: "We can't deal with the matter unless we form an organization...

Author: /time Magazine | Title: In South Africa, the Party of Mandela Faces a Divorce | 10/8/2008 | See Source »

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