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Irish emigration is nothing new, of course. From the millions who fled poverty and famine over the last century and a half to the many thousands who have regularly quit the country in search of work right up to the end of the 1980s, Ireland's best and brightest have a long history of leaving in search of opportunity and sunnier climates. But a decade and a half of 
 red-hot growth all but wiped out large-scale emigration, and Ireland has instead found itself a destination for immigrants from Africa, Asia and Eastern Europe...

Author: /time Magazine | Title: Postcards from Europe's Financial Bust | 10/15/2008 | See Source »

...short, we just can’t quit him. I believe this has something to do with America’s historical insecurity as a relatively “new” nation lacking the historical muscle of the Old World. We have built up this mythical personage of Columbus as the embodiment of our American values of perseverance and ingenuity. Every country must have its creation myths, of course. Many of them are untrue. But most countries recognize them for what they are: cultural embroidery, not historical fact. For modern Americans to believe that Columbus was a hero...

Author: By Marina S. Magloire | Title: America Discovers Columbus | 10/14/2008 | See Source »

Hang On to Your Holiday Glow. It's usually wise to leave your out-of-town tryst where you found it. But there's no reason to abandon your newfound allure in some empty hotel room. The key is to maintain that I'm-on-vacation mindset. Quit worrying so much about the long term, take chances and reprioritize your goals so that "fun" is back up in your top five. And hey, if that doesn't work, you can always fake a foreign accent...

Author: /time Magazine | Title: Can't Find Love at Home? Travel | 10/14/2008 | See Source »

...last year of Dutch bank ABN Amro - blew a big hole in its balance sheet. "It's immensely regretful we're coming to shareholders to raise funds again," said RBS chairman Tom McKillop. "It's something we feel bad about." So bad, in fact, that McKillop now plans to quit next year; RBS CEO Fred Goodwin resigned Monday, as did his counterpart at HBOS...

Author: /time Magazine | Title: Britain Sets Details of Huge Bank-Bailout Plan | 10/13/2008 | See Source »

...that often coincide with long-term recessions--were common as the U.S. economy developed. There was the Panic of 1857 (prompted by railroad-bond defaults), the Panic of 1873 (sparked by a stock crash in Vienna) and the Panic of 1907, which started when shaky New York City banks quit lending. We learned a lot from those scares--the U.S. Federal Reserve was created in the wake of the 1907 Panic--and some believed we were too smart to panic again...

Author: /time Magazine | Title: The Moment | 10/9/2008 | See Source »

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