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...culprit, but the major problem the airline faces is that it sees no signs of improvement in the economy. BA's CEO said, "The prolonged nature of the global downturn makes this the harshest trading environment we have ever faced and, with no immediate improvement visible, market conditions remain challenging." (See pictures of Heathrow's Terminal...

Author: /time Magazine | Title: British Airways: High Costs Fuel Record Loss | 5/22/2009 | See Source »

...times of economic uncertainty. Kevin Casey, Harvard’s senior director of federal and state relations, has credited the university as one of the “stable bedrock institutions” that have helped guard the Boston area from the worst of the economic crisis. However, we remain unconvinced that this bedrock provides sufficient support for our community’s most vulnerable members. Although still valuable, student-run programs in the Phillips Brooks House and screenings this summer of “Finding Nemo” for local residents are not the solution to unemployment...

Author: By Laura M. Binger, John F. Bowman, and Benjamin J. Oldfield | Title: Harvard’s Role As a Nonprofit | 5/21/2009 | See Source »

...Arab Emirates. He irrigated much of its barren landscape and created his very own wildlife reserve, initially for endangered regional species like the Arabian oryx and both mountain and sand gazelles, but later for many African animals, including giraffes, ostriches, elands, gemsboks, blackbucks and striped hyenas, all of which remain to this day. (See pictures of luxury private islands...

Author: /time Magazine | Title: Wild Arabian Nights | 5/20/2009 | See Source »

...have been surprised that there was no meeting of minds between President Barack Obama and Israeli Prime Minister Benjamin Netanyahu at their inaugural summit on Monday. Although the two men proclaimed a shared commitment to having Israelis and Palestinians live in peace, their views on how to get there remain substantially at odds. Now, as Obama puts the finishing touches on a new peace plan to be unveiled shortly - perhaps when he addresses the Muslim world from Cairo next month - the question facing the Administration is how to pursue its strategy with an unenthusiastic Israeli partner...

Author: /time Magazine | Title: Can Obama Change the Game on Middle East Peace? | 5/20/2009 | See Source »

However, such overtures remain stunted by a deep and familiar mistrust. On Wednesday, Iran reportedly test-fired a new advanced missile with a range of about 1,200 miles, far enough to strike Israel, southeastern Europe and American bases in the Middle East. Obama, for his part, said he was ready to pursue tighter international sanctions...

Author: /time Magazine | Title: Iran's Spending Spree in Afghanistan | 5/20/2009 | See Source »

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