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Tough talk from Anna Schwartz, a financial sage who has seen it all, having lived through the crash of 1929 and co-authored with Nobel laureate Milton Friedman the highly acclaimed financial bible A Monetary History of the United States (Princeton University Press...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

...Indeed, notable achievements have been attained during its 34 years. With no topic off limits, areas of mutual interest such as the economy, energy, environment, foreign affairs, health, labor, terrorism and trade tend to get discussed. And these discussions, in turn, get written about in the press, sparking conversation among like-minded people around the world. Look past those quintessential G-8 buzzwords like "consultation," "global social integration," and "millennium development goals" and you can see that, in recent years, the summit has given eventual rise to debt forgiveness for poor countries, a significant aid package for Africa...

Author: /time Magazine | Title: The G-8 | 7/8/2009 | See Source »

...their letter sent on Monday, Steinberg and Beal added that Hillel's attorneys are continuing to press civil suits to recover the stolen amounts and that a team of financial experts has been commissioned by Hillel to review the organization's financial procedures and protocols...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Accountant Accused of Stealing Nearly $780,000 from Harvard Hillel | 7/7/2009 | See Source »

...women estimated that thousands of men had been arrested. They dumped out plastic bags that held more than 100 pairs of footwear and trousers, which they said police had forced the detainees to take off when they were arrested. Urumqi Party Secretary Li Zhi had said earlier at a press conference that more than 1,000 people were arrested but that they were all taken while actively rioting...

Author: /time Magazine | Title: After Deadly Riots, Ethnic Tensions Heat Up in Urumqi | 7/7/2009 | See Source »

...Though indirect, this passage amounted to the most direct criticism Obama has offered in Moscow of his Russian hosts, President Dmitri Medvedev and Prime Minister Vladimir Putin, who have consolidated both power and control over the press in recent years. As the U.S. State Department reported earlier this year, the Russian government has "restricted media freedom through direct ownership of media outlets, pressuring the owners of major media outlets to abstain from critical coverage and harassing and intimidating journalists into practicing self-censorship." Though Medvedev, who was handpicked by Putin, won the election last year with a reported...

Author: /time Magazine | Title: Obama Treads Lightly on Democracy in Russia | 7/7/2009 | See Source »

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