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...years old, St. Pancras railway station is London's new, hip gateway to Europe. Thanks to a recent billion-dollar refit, passengers awaiting high-speed trains to Paris or Brussels can sip champagne at the continent's longest bar, or eat oysters and caviar at a fine-dining restaurant. With the value of the pound plummeting, though, Britons heading to Europe are not exactly in a celebratory mood. Trips to Paris used to involve "a stroll around the shops to see if I could pick up some nice Parisian fashion," grumbles Jemima, a 35-year-old sales professional...

Author: /time Magazine | Title: The Proud Pound's Fall from Grace | 1/27/2009 | See Source »

...think your rental car isn't as fresh as it used to be, you're correct. According to Automotive News, rental-car companies have cut new car orders on their fleets, and companies like Enterprise Rent-a-Car are now buying half the cars they bought in recent years. Plus, they are now keeping their existing cars for an average of 13 months rather than...

Author: /time Magazine | Title: Valentine's Deals That You'll Love | 1/26/2009 | See Source »

...year ago, few would have predicted such a rapid fall from grace for the affluent North Atlantic nation. Iceland topped the most recent U.N. Human Development Index and boasted one of the highest GDP's per capita in the world. But its banks, carrying massive debt loads, became early victims of the global credit crunch. In October, in an effort to salvage the hemorrhaging economy Haarde's government negotiated a $10 billion bail out package with the International Monetary Fund...

Author: /time Magazine | Title: Global Financial Crisis Claims Iceland | 1/26/2009 | See Source »

...with the help of U.S. troops, effectively hollowing out the movement's street power and political influence. Meanwhile, the vast popularity that al-Sadr's movement once enjoyed among Iraq's Shi'ites seems to have declined too as Iraqis appear to grow increasingly weary of sectarian politics. A recent poll published by the National Media Center, which is funded by the Iraqi government, said 42% of Iraqis hoped to see secular candidates win in the coming provincial elections (31% said they wanted candidates from religious parties to take seats...

Author: /time Magazine | Title: As Iraqi Elections Loom, al-Sadr's Political Clout Fades | 1/26/2009 | See Source »

...recent decades, Burns Night celebrations have extended into a sort of weeklong series of parties, some only loosely affiliated with the poet. There are restaurant specials, barroom activities - anything that allows for a rowdy party and maybe a bite of haggis. Today's television-and-videogame world rarely has time for poems, but then again, the skirt-chasing, whisky-swilling Robert Burns wasn't your typical poet...

Author: /time Magazine | Title: Burns Night | 1/25/2009 | See Source »

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