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...Britain has been hit worst by the recession,” asserted my father at the dining table. Forks fell from mouths and fists emphatically banged on the table as the rest of my family rushed to violently agree. My brother vigorously traced the entire world crisis back to Prime Minister Gordon Brown’s actions, while my mother gazed fretfully around the table and expressed her concern for “you kids.” Each family member offered a doomsday prediction that aimed to top the last, and collectively denied the International Monetary Fund?...

Author: By Olivia M. Goldhill | Title: Don’t Look on the Bright Side | 7/14/2009 | See Source »

...intentions of Israel's leaders came under further question last week, when Prime Minister Benjamin Netanyahu's father, the historian Ben-Zion Netanyahu, told an Israeli TV interviewer that he had been told by his son that he did not support the creation of a Palestinian state. Despite Benjamin Netanyahu's having accepted the goal in principle under pressure from Washington, his father said the Prime Minister had done so only on the basis of conditions that were impossible for the Palestinians to ever accept...

Author: /time Magazine | Title: Despite Jewish Concerns, Obama Keeps Up Pressure on Israel | 7/14/2009 | See Source »

...Some LDP members are calling for Aso's resignation, which they believe would improve the party's electoral chances. Those calls have increased following the defeat in the Tokyo elections. Aso has so far refused to step down as Prime Minister...

Author: /time Magazine | Title: Japan's PM Aso Calls for General Election | 7/13/2009 | See Source »

...Following his Liberal Democratic Party's bitter defeat over the weekend in Tokyo's municipal elections, Prime Minister Taro Aso announced the lower house of the Japanese parliament will be dissolved on July 21 and a general election will be held Aug. 30. Aso's decision ended months of speculation as to when his battered administration and fellow LDP lawmakers would finally have to face voters. The country's last general election was in September 2005. (See pictures of Japan and the world...

Author: /time Magazine | Title: Japan's PM Aso Calls for General Election | 7/13/2009 | See Source »

...Turkmenistan, with the world's fourth largest reserves of natural gas, would be an ideal source for Nabucco, but it would need a pipeline under the Caspian Sea, where there is as yet no seabed agreement. At the signing ceremony on Monday, Turkish Prime Minister Recep Tayyip Erdogan also talked of supplies from Iraq and Iran, but political tensions and security concerns make them distant prospects. Even security in Turkey is an issue: last year Kurdish separatists attacked the Baku-Tblisi-Ceyhan oil pipeline, halting supplies for 19 days. (Read: "New Turkish Law Curbs Military's Power...

Author: /time Magazine | Title: Europe Tries to Break Its Russian Gas Habit | 7/13/2009 | See Source »

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