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...prosecutors and judges to Kosovo. Their goal, in essence, is to establish the rule of law in Kosovo so that the 15,000 NATO peacekeepers currently deployed there can go home. The E.U. must also keep an angry and frustrated Serbia on the path toward European membership, because that prospect is just about its only inducement to good behavior toward its new neighbor...

Author: /time Magazine | Title: Birth of a Nation | 2/21/2008 | See Source »

...banker told TIME that a byproduct of a recession is that people charge more and don't pay it off, increasing their balances. Another is that it gives a bank that is ready for recession the opportunity to win share from the unprepared. Those might offset whatever pain the prospect of more regulation will bring...

Author: /time Magazine | Title: Exposing the Credit-Card Fine Print | 2/21/2008 | See Source »

...while it rewired its electronics business, Philips expanded in health care and lighting. The gradual switch to greener lighting and the rising sums being spent on health care for aging populations offered Philips the prospect of steadier growth. Flush with cash from selling unwanted units, Philips has splashed more than $7 billion on lighting and health-care companies, from Genlyte, a U.S. commercial lighting-fixtures firm it bought in November for $2.7 billion--the biggest buy it ever completed--to Lifeline, a Massachusetts-based provider of home medical-alert systems...

Author: /time Magazine | Title: The Complex Task of Simplicity | 2/21/2008 | See Source »

...prospect plainly upsetting to Washington. "President Musharraf has done exactly that which he said he was going to do. He said he'd hold elections, he said he would get rid of his emergency law. And so it's now time for the newly elected folks to show up and form their government," President Bush said during a news conference in Ghana this week. "The question then is, 'Will they be friends of the United States?' and I certainly hope...

Author: /time Magazine | Title: Musharraf's Loss: Trouble for U.S. | 2/21/2008 | See Source »

Diamond lovers may benefit from liquidation sales at Alpha Omega Jewelers, but for some Cambridge natives, the prospect of cheap jewelry doesn’t dispel concerns about the effects that the store’s bankruptcy—and likely disappearance—will have on the character of Harvard Square...

Author: By Elliot Ikheloa, CONTRIBUTING WRITER | Title: Jeweler Is Latest To Leave Square | 2/20/2008 | See Source »

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