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...does take off, it will mark a comeback for Douste-Blazy, a medical doctor by training who received withering press at home during his brief stint as Foreign Minister from 2005 to 2007. It's no accident that he's a Frenchman: the French have for several years levied a compulsory tax on airline tickets to help fund development projects and have long sought to get others to join them, with mixed success. Brazil is one of only a few countries to have followed suit. Norway also taxes airline CO2 emissions and uses the receipts for overseas aid. (Read "France...

Author: /time Magazine | Title: New Airline-Ticket Tax to Aid the Developing World | 9/18/2009 | See Source »

Poland In Warsaw, where on Thursday, Sept. 17, Poles marked the 70th anniversary of the Soviet Union's invasion of the country, Prime Minister Donald Tusk told the Associated Press that Obama had assured him in a phone call that plans to alter the missile-defense project would not hurt Poland's security. But some were skeptical. "It's not good," former Polish President and Solidarity leader Lech Walesa told the AP. "I can see what kind of policy the Obama Administration is pursuing towards this part of Europe. The way we are being approached needs to change." Aleksander Szczyglo...

Author: /time Magazine | Title: Mixed Reactions in Europe to the U.S. Missile Defense U-Turn | 9/17/2009 | See Source »

...overwhelmed with feeling," said Hatoyama at his debut press conference, describing his reaction to being elected Prime Minister, "and at the same time I felt a hefty responsibility on my shoulders." The heft is more than responsibility: it is the weight of an entire nation - and a shadow shogun - looking over his shoulder...

Author: /time Magazine | Title: Japan's New Prime Minister — and New Shadow Shogun | 9/16/2009 | See Source »

...from the Gulf to Africa - are unraveling on a spectacular scale, and it is casting Hizballah in an unflattering light. The house of cards began falling earlier this month, when his businesses went bankrupt, ostensibly from the effects of the global financial crisis. But rumors swirled in the press of a pyramid scheme of more than $1 billion, and the local media dubbed Ezzeddine the Lebanese Bernie Madoff. Last weekend the Lebanese government charged him with fraud. All across the Shi'ite-populated regions of Lebanon, thousands of small investors - many of whom bundled small sums of money with their...

Author: /time Magazine | Title: Lebanon's Bernie Madoff: A Scandal Taints Hizballah | 9/16/2009 | See Source »

...invested with Ezzeddine. Says Duhaini: "Most of those who dealt with him were supporters of Hizballah [and] many people were encouraged to do business with Ezzeddine due to Hizballah's propaganda for him." Indeed, one Hizballah source told TIME that some top leaders did business with Ezzeddine. The Lebanese press has published unsubstantiated reports that his enterprise collapsed when a check he wrote to a senior Hizballah official bounced and that, as a result, the financier went into hiding until Hizballah security forces found him and turned him over to the government...

Author: /time Magazine | Title: Lebanon's Bernie Madoff: A Scandal Taints Hizballah | 9/16/2009 | See Source »

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