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...version that just opened on Broadway - directed, as it was in London, by Stephen Daldry - has lost a little of the power it displayed on its home turf. But if Prime Minister Gordon Brown's bank-rescue plan can become the model for the rest of the world's finance ministers, there's no reason why Billy Elliot - the best musical to come out of Britain since Miss Saigon - can't bridge the cultural chasm...

Author: /time Magazine | Title: Billy Elliot: A London Musical Hit on Broadway | 11/14/2008 | See Source »

...fact, the G-20 leaders seem to agree with him already - at least in principle. From the Europeans, one hears the expected vague, warm rumblings of cooperation. British Prime Minister Gordon Brown has called for strengthening structures like the International Monetary Fund and the Financial Stability Forum that support the international free-market system, boosting transparency, integration and accountability. French President Nicolas Sarkozy likewise talks of defending and strengthening the system to ensure that another market free fall doesn't happen again...

Author: /time Magazine | Title: The G-20 Summit: A Vote of Confidence for Capitalism? | 11/14/2008 | See Source »

...Obama can already count on a European political climate that has changed dramatically since the 2003 invasion of Iraq: German Chancellor Angela Merkel, French President Nicolas Sarkozy and British Prime Minister Gordon Brown all enjoy comfortable working relationships with the outgoing Bush Administration. (See pictures of Iraq's revival...

Author: /time Magazine | Title: Europe's Obama Problem: Afghanistan | 11/14/2008 | See Source »

...Resistance may not be limited to the U.S. Following Saturday's meeting of E.U. leaders, some contested Sarkozy's contention that a "fairly detailed common position by Europe" had been found. Czech Prime Minister Mirek Topolanek retorted that the E.U. had given Sarkozy, who will be attending not just as President of France but also as the current holder of the E.U.'s rotating presidency, a "vague mandate" for Washington that reflected "the divergent opinions on the way things should be handled." Luxembourg Prime Minister Jean-Claude Juncker, presumably piqued at the idea of his nation's tradition of bank...

Author: /time Magazine | Title: Europe's Hopes for G-20 Summit Risk Being Dashed | 11/13/2008 | See Source »

...Such grousing contrasts with the cheers Sarkozy drew during the darkest hours of the crisis with his clarion calls for a "refoundation of modern capitalism." Also waning is the general enthusiasm unleashed by British Prime Minister Gordon Brown's appeal to establish a "new Bretton Woods [by] building a new international financial architecture" - a revision of the original 1944 accords that envisioned turning the International Monetary Fund (IMF) into a global regulator of markets unified under common rules...

Author: /time Magazine | Title: Europe's Hopes for G-20 Summit Risk Being Dashed | 11/13/2008 | See Source »

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