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...Changing the basic assumptions behind the Budget means going through the entire document, program by program, and resetting the investments and returns on the investment for each one. The $1.75 trillion deficit would grow, or some programs would have to be cut. The scope of the national health care reform plan would have to be revised...

Author: /time Magazine | Title: Who's Right: Buffett or Obama? | 3/2/2009 | See Source »

Read "Who Will Push Healthcare Reform in Place of Daschle?" Read TIME's Review of Sebelius' 2008 Democratic Convention Speech

Author: /time Magazine | Title: HHS Secretary: Kathleen Sebelius | 3/2/2009 | See Source »

...report authored last month by Katinka Barysch, of the Centre for European Reform think-tank, says they were merely following E.U. recommendations: opening their markets to trade and investment and selling their local banks to western European ones. It helped to drive the export boom of the past five years but left them more vulnerable to the crisis. Western banks have lent $1.6 trillion to Eastern Europe, but the crisis could see them pull back yank credit lines from their local subsidiaries, triggering a domino effect of collapsing financial institutions...

Author: /time Magazine | Title: As the Crisis Bites, Splits Open Up in Europe | 3/2/2009 | See Source »

...Mazzitelli believes that the deaths of two men, who have wielded huge power in Guinea-Bissau for decades, could help to pave the way to democracy. "This could be a golden opportunity for the international community, and for Guinea-Bissau, to move ahead, get rid of the past, and reform the security sector," he says. That all depends, though, on who fills the power vacuum in the country. The drug lords of Colombia may well want to have...

Author: /time Magazine | Title: A Big Double Murder Jolts Africa's Cocaine Hub | 3/2/2009 | See Source »

...Such problems have been there in almost all convents [in Kerala]," says Joseph Pulikunnel, a veteran Syrian Catholic social reformer who edits Osanna, a magazine aimed at Kerala's Catholic community. "The convents are closed to the public. We don't know what is happening inside." He says India's Catholic Church, which accounts for 70% of all denominations among India's 25 million Christians, owns vast properties across the country, including over 30,000 educational institutions and 6,000 hospitals. In Kerala, the Church runs 60% of the private educational institutes. The state's near 100% literacy - a singular...

Author: /time Magazine | Title: A Former Nun's Memoirs Rock India's Catholic Church | 3/1/2009 | See Source »

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