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...trouble with the stimulus packages in the U.S. and China is that eventually the efforts of governments to prime the pump run out of money and economic activity has to stand on its own. For China and the U.S. the end of that support means very different things, but the are inextricable connected. China's stimulus package is aimed at driving business activity and consumer spending within the nation's borders. But, if demand for its exports does not return soon, the most critical aspect of its GDP growth will still be in an anemic state. Alternatively...

Author: /time Magazine | Title: The Argument Over China's Economic Prospects Intensifies | 5/12/2009 | See Source »

...Berlusconi a good Prime Minister? Let's just say he's not much worse than his predecessors, and he sells himself better. He hasn't solved Italy's perennial problems - runaway public debt, red tape, organized crime, corruption, a grinding justice system and aging infrastructure - but at least he's provided stability. Italy averaged almost a government a year between the end of World War II and the turn of the century. Berlusconi completed his term between 2001 and 2006; re-elected in 2008, he may well last until 2013. (Read: "Why Berlusconi Loves a Good Gaffe...

Author: /time Magazine | Title: Silvio Berlusconi: An Italian Mirror | 5/11/2009 | See Source »

...opposition to Israel - especially the Baathist regimes in Iraq and Syria, and Egypt under Nasser - were pretty good protectors of religious pluralism. About 5% or 6% of Iraq's population in the 1970s were Christian, and some of Saddam Hussein's most prominent officials, including Deputy Prime Minister Tariq Aziz, were Christians. But since the American invasion of Iraq, Christians have fled in droves, and constitute less than 1% of the population. Syria - which survived attempts by the Bush Administration to isolate the Assad regime - is still like a living museum of otherwise forgotten Christian sects and shrines...

Author: /time Magazine | Title: Why Mideast Christians Are Wary of Pope Benedict's Visit | 5/11/2009 | See Source »

...Once the document and its objectives had been thoroughly watered down, it was of little wonder that leaders such as France's President Nicolas Sarkozy, Italian premier Silvio Berlusconi, Spanish Prime Minister José Luis Rodríguez Zapatero, and British Prime Minister Gordon Brown all found more productive things to do rather than attend the EaP launch summit. (Watch a TIME video with Gordon Brown...

Author: /time Magazine | Title: The E.U. Backtracks on its Eastern European Partners | 5/11/2009 | See Source »

...they supposedly earned the family name by clearing the area of wild boar), and who served prominently in every major British military and political skirmish for a thousand years. One recent ancestor invented the tank; another helped invent television. Over the millennium the Swintons were deeded huge swatches of prime Scottish real estate; Tilda's father, Major-General Sir John Swinton, a.k.a. the Lord Lieutenant of Berwickshire, lives in the family estate, Kimmerghame...

Author: /time Magazine | Title: Why Tilda Swinton is the Queen of the Indies | 5/10/2009 | See Source »

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