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...Customers of German savings banks, which are public institutions run by local councils, have been hit the hardest. More than 20 million of these banks' cards were not working when the glitch cropped up on New Year's Day. About 2.5 million cards issued by private banks such as Commerzbank and Postbank were also affected...

Author: /time Magazine | Title: The Year 2010 Bug Strikes German Bank Cards | 1/7/2010 | See Source »

Clark Hoyt, the Times' public editor, announced Tripsas' dismissal in his column Saturday...

Author: By Naveen N. Srivatsa, CRIMSON STAFF WRITER | Title: Harvard Business School Professor's NYT Column Violates Ethics Policy | 1/6/2010 | See Source »

...full investigation into the systems for flagging important information is ongoing, and Obama promised on Tuesday to make public over the "next few days" a summary of the preliminary report on the failures that led to the near deadly Christmas bombing plot. But there is little doubt that a new tone has been set among Obama's senior staff, which through much of 2009 was able to celebrate a number of key intelligence victories that thwarted developing threats in Denver, New York, Texas and Illinois, among other places. In the meeting with his staff, Obama used words that he would...

Author: /time Magazine | Title: Obama's Terrorism Postmortem: Still Not Connecting the Dots | 1/6/2010 | See Source »

...median in Israeli politics having swung steadily to the right, the idea that Netanyahu might offer more than Barak and Olmert did is fanciful. It's not that Abbas is an obstinate man; he simply knows what it will take to sell any peace agreement to his skeptical public. Still, Abbas has staked his political career on negotiations, and that fact will probably prompt him to compromise in order to keep the process going, although not necessarily in order to conclude...

Author: /time Magazine | Title: New Mideast Peace Talks: Back to the Treadmill? | 1/6/2010 | See Source »

...domestic pressure to make peace with the Palestinians. On the contrary, Israeli society is comfortable with the status quo and skeptical of offering the Palestinians new concessions, much less of risking the civil strife that would be spurred by any attempt to remove settlers from the West Bank. Israeli public opinion prevented Netanyahu from accepting the settlement-freeze demand, and the primary factor that brings him to the negotiating table may simply be the need to stay on side with Washington. (See 25 people who mattered...

Author: /time Magazine | Title: New Mideast Peace Talks: Back to the Treadmill? | 1/6/2010 | See Source »

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