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That prudence was one of several qualities that won Boutros-Ghali the IMF job. His track record as Egypt's Finance Minister was another: under him, the notoriously sclerotic Arab nation has grown at an annual rate of 7%. "He's seen as a facilitator, somebody who can generate progress," says Eswar Prasad, professor of trade policy at Cornell University and former head of the IMF's China division. "In Egypt, he's been able to operate under significant institutional and political constraints - that's valuable experience when you're dealing with...

Author: /time Magazine | Title: Boutros-Ghali's Developing Vision for the IMF | 5/25/2009 | See Source »

...turns out he's in good company. More than 5 million unmarried couples cohabit in the U.S., nearly eight times the number in 1970, and a record-breaking 40% of babies born in 2007 had unmarried parents (that's up 25% from 2002). Sure, there are plenty of baby-daddies in the Levi Johnston vein, i.e., young and accidental. But nonmarital births have increased the most among women ages 25 to 39, doubling since 1980, thanks in part to a small but growing demographic a sociologist has dubbed committed unmarrieds (CUs). These are the happily unwed - think Brad and Angelina...

Author: /time Magazine | Title: All but the Ring: Why Some Couples Don't Wed | 5/25/2009 | See Source »

...Trimble acknowledges that, even amid the quarreling, the summit showed some hope: "Russia has a good track record. They were always seen as a very reliable supplier. There is no reason to believe the problems can't be resolved. I think the chances are pretty good that gas will continue...

Author: /time Magazine | Title: No Gas Deal at the E.U.-Russia Summit | 5/23/2009 | See Source »

...year. The level of interest that will be paid on this paper will be a litmus test of the market's appetite for debt in the country that has the largest GDP in the world but is well on its way to owing a record sum to its creditors...

Author: /time Magazine | Title: U.K. Debt Moves Sovereign Borrowing Issue Closer To U.S. | 5/21/2009 | See Source »

Klaus' track record shows that he is capable of fighting his crusades to the bitter end, to which Petr Langer's story bears testimony. In 2005, Klaus, who as president installs all of the country's judges, refused to appoint 32 judges, including Langer, saying they were too young. But Klaus' decision at the time had no ground in legislation and Langer, now 31, sued the head of state. The courts have since ruled in Langer's favor, but the president, who can't be punished for anything other than treason, has so far refused to install...

Author: /time Magazine | Title: Vaclav Klaus: The Man with the E.U.'s Fate in His Hands | 5/21/2009 | See Source »

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