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...good news for Britain's pound: nasty fronts like this are usually rare, and soon pass. For one, the slide likely had more to do with Prudential's announcement than with intensified concerns about hung parliaments, as was reported widely in the British press, says Daragh Maher, deputy head of global foreign exchange strategy at Credit Agricole in London. In some ways, that's encouraging. If a single opinion poll was able to trigger the kind of slump seen Monday - in a volatile day of trading, sterling eventually closed 1.7% down on the dollar - an actual hung parliament might...

Author: /time Magazine | Title: Pound Woes: Why Britain's Currency Is Falling | 3/3/2010 | See Source »

...September Issue” and “The Art of the Steal,” the latter of which opened in limited release on Friday and addresses the dispute over the control of a massive collection of early twentieth-century art. A press release for “The Art of the Steal” claims that the film “plays like a thrilling whodunit,” evoking reviews of “The Cove,” which generally expressed an excessive amount of surprise that the film was actually compelling...

Author: By Abigail B. Lind, CRIMSON STAFF WRITER | Title: Quick Flix's Documentaries Reveal Inconvenient Truths | 3/2/2010 | See Source »

...independence. (Coincidentally - and helpfully for Perry - primary day on March 2 is also Texas Independence Day; Hutchison has tried to play on the coincidence with a "declare your independence from Perry" tour.) It is no accident that his final week on the campaign was dotted with economic-development press conferences and talk of balanced budgets in contrast to Washington ways. That message of Texas resiliency and fiscal conservatism resonates with Texans of both parties. A recent poll by the Texas Politics Project found 88% of Texas Republicans believed that the Texas state government was a good model for the rest...

Author: /time Magazine | Title: How Rick Perry Turned Around the Battle for Texas | 3/2/2010 | See Source »

...third term and, with approval ratings at about 70% throughout 2009, seemed on the verge of winning it when Colombia's Congress called for a national referendum on the issue. For a year, the country's politics was in a state of limbo as the legislature, the courts, the press and the public debated whether to allow Uribe to run again. Late on Friday, the answer came down as a resounding...

Author: /time Magazine | Title: Colombia Gets Ready for Life After Uribe | 3/2/2010 | See Source »

...While the press tends to obsess over who has the majority of the House and Senate in Washington, it is the gubernatorial contests that can have as much or more impact on America's governance, policy and politics in the long run. Republicans still hold their share of big-state governors' mansions, but Democrats have in recent years controlled the top seats in key battleground states such as Michigan, Illinois, Pennsylvania, Wisconsin and Ohio. Now, the GOP has a very good chance to take over all of those states, while hanging on to many of the slots they already have...

Author: /time Magazine | Title: How Governors Could Be Key to GOP Resurgence | 3/1/2010 | See Source »

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