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...picked her as the world's most powerful woman - when the financial crisis hit, Merkel seemed to wilt, clueless as to how to respond. But now she is moving out in front again, showing that Germany is keen to play an active role in resolving international crises. Germany was quick to supply troops to fight pirates in the Gulf of Aden, and Merkel has been urging a cease-fire in Gaza and has taken the lead in European efforts to deflate the gas war between Russia and Ukraine. Germany is not worried about going without heat - its gas reserves cover...

Author: /time Magazine | Title: Merkel Moves to Heat Up German Economy | 1/8/2009 | See Source »

...price-rent ratio is hardly the last word in predicting home prices. Economists who use these numbers (including those at Economy.com) take into account a lot of other factors when forecasting, like housing affordability, population trends and how incomes in an area are changing. Price-rent ratio is the quick and dirty way of doing it - but that also makes it more accessible. It's easy to look at a price-rent ratio of 21.7 in Miami, compare it to a 15-year average of 16.8 and realize the market still has quite a bit of room to fall. Just...

Author: /time Magazine | Title: New Data Say House Prices May Be Nearing a Bottom | 1/8/2009 | See Source »

...room full of supporters in the State Office Building and declared, "While I understand there is a desire by a small number of people to simply move on, something greater than expediency is at stake here ... Sometimes [democracy] is messy and inconvenient, and reaching the best conclusion is never quick because speed is not the best directive - fairness is." When reporters mentioned the names of Senate majority leader Harry Reid and Franken, Coleman's crowd hissed, jeered and booed. As Coleman left the room, the supporters chanted, "Keep on fighting, keep on fighting...

Author: /time Magazine | Title: Coleman vs. Franken: Minnesotans Say Enough Already! | 1/7/2009 | See Source »

...appointment. In recent days, African-American leaders in both Chicago and Congress have argued for Burris' admission, with Representative Bobby Rush calling the Senate the "last bastion of plantation politics." After initially dismissing the appointment out of hand, Dems have been put on the defensive, and they are now quick to say that if Burris were to be appointed by Lieut. Governor Pat Quinn, they would accept Burris with open arms. "This is a lose-lose situation for Reid and the Democrats," says Mark J. Rozell, a political science professor at George Mason University in Virginia. "They can either look...

Author: /time Magazine | Title: Burris Denied His Seat as the Senate Drama Continues | 1/6/2009 | See Source »

...been doing that already and just haven’t seen results yet, so we’re going to continue to harp on that theme in the locker room.” Princeton nabbed the lead less than two minutes into the game with a quick shot past freshman goaltender Matt Hoyle into the right pocket. “Both [weekend] games, [our opponents] were able to get goals early in the game…and tonight they were able to score in the first minutes,” Fraser said. “We need to have...

Author: By Courtney D. Skinner, CRIMSON STAFF WRITER | Title: Winless Streak Stretches to 10 Games | 1/4/2009 | See Source »

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