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...Spain's real estate bubble sent several major developers into bankruptcy, and halted new home construction across the country. The number of houses built in 2008 is expected to fall by 70% from 2007. That's also fueling unemployment, which jumped by almost a third in September to reach 11.3%, Spain's highest rate since...

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

Some Harvard educators, however, support Magliozzi’s mission. Professor Gordon Teskey writes in an e-mail, “It seems to me teaching is a calling and a mission, the purpose of which is to reach as many people as possible...

Author: By Julia S Chen, CONTRIBUTING WRITER | Title: Opening the Ivory Tower | 10/15/2008 | See Source »

...change election law to his benefit. Allowing Bloomberg to tweak the rules in this instance would set a dangerous precedent for future public officials, who might take advantage of crises to extend their own reigns indefinitely. Overturning the term limit law in New York City has implications that reach beyond the five boroughs. These restraints are not only important for Bloomberg’s office, but for any political position in which an incumbent has an automatic and significant advantage. Term limits are an effective check on the concentration of power, ensuring a level playing field between challengers and those...

Author: By The Crimson Staff | Title: The Term’s the Limit | 10/15/2008 | See Source »

...some criticize the Obama campaign for failing to reach out enough to black voters, the GOP isn't taking advantage of the opening. In 2004, President Bush carried 11% of black voters nationally. After a GOP convention in which blacks accounted for just 36, or 1.5%, of the delegates - down from 6.7% four years ago - the Arizona Senator is not expected to capture more than 5% of the black vote. That could be fatal in states like Ohio, where Jones, the Cleveland radio host, observes, "I haven't seen any John McCain posters. None. He hasn't reached...

Author: /time Magazine | Title: Is Obama Doing Enough to Get Out the Black Vote? | 10/15/2008 | See Source »

...Those industries have taken off in recent years. Ukraine has about 6 million light weapons from Soviet stockpiles, and has modernized tanks, anti-aircraft missiles and other weaponry, says Hugh Griffiths, an expert on illicit weapons at the Stockholm International Peace Research Institute. A dramatic example of Ukraine's reach is playing out off the Horn of Africa, where a major shipment of Ukrainian weapons, including 33 T-72 tanks, was hijacked by Somali pirates and remains a vexing military and diplomatic problem...

Author: /time Magazine | Title: The Arms Trade Booms Amid Global Economic Woes | 10/14/2008 | See Source »

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