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...many Merkel critics say Germany needs to act now. Merkel's wait-and-see policy just isn't working, they argue. Economists now predict that Germany's export-dependent economy will contract by a record 7% this year. And the latest data from the European Central Bank show that despite the stimulus packages and bailouts across Europe, the region's banks still are not lending money. The volume of lending to the private sector in the eurozone, the 16 countries that use the common European currency, dropped 0.1% in February from the month before and lending to businesses also slipped...

Author: /time Magazine | Title: Why Berlin Says U.S. 'Bad Bank' Plan Is Bad | 3/30/2009 | See Source »

...have been a fan of U2 since the start [March 9]. I'm from Ireland, am the same age as Bono, have every one of their recordings on vinyl and CD, and have seen the band live, in Dublin and elsewhere, many times. I wanted to thank Josh Tyrangiel for his incisive, honest and, above all, brave review of their new album, No Line on the Horizon. I've listened to an advance copy about 30 times, and it's a poor, disjointed, unmusical record with a few listenable songs. The only good ones sound like Brian Eno tunes with...

Author: /time Magazine | Title: Inbox | 3/30/2009 | See Source »

...doubleheader, the team found each when it mattered.Picking up against Penn (10-11, 0-4 Ivy League) at Meiklejohn Field in games rescheduled due to Sunday rain, the Crimson (4-16, 2-2) used dramatic comebacks in both contests to sweep the Quakers and even its league record. Freshman Brent Suter threw a sterling complete game to silence Penn in the day’s opener for a 6-4 win, before Harvard’s bats took over in the nightcap. Senior left fielder Matt Rogers belted two home runs, including a two-run shot in the eighth inning...

Author: By Max N. Brondfield, CRIMSON STAFF WRITER | Title: All-Around Performance Rewarded in Sweep | 3/30/2009 | See Source »

...women’s team and hopefully one day a women’s team racing national championship.”Once again the Crimson finished strong to claim their runner-up position over the two-day affair. Harvard was tied for second with Yale with a 7-2 record after day one but then went on to post the best record of Sunday’s championship round at 5-1 to finish 12-3 on the weekend, just back of the Eagles 13-2 mark.“We won most of our races off the starting line...

Author: By Thomas D. Hutchison, CRIMSON STAFF WRITER | Title: Crimson Sailing Performs Strongly | 3/30/2009 | See Source »

...groups are behaving like wild animals - uncivilized and with no regard for our community. If they behave like this, then we have no choice but to hunt them down and deal with them," an angry New South Wales police commissioner, Andrew Scipione, told reporters. Scipione has defended the police record in dealing with gangs. He says that in the past six months, 185 gang members and associates have been charged with 572 offenses, most of them related to violence, drugs and weapons...

Author: /time Magazine | Title: Outbreak of Biker Violence Leaves Australia on Edge | 3/29/2009 | See Source »

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