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...east of the City in recent years, is already home to Citigroup, HSBC and Bank of America. And on Aug. 1, JPMorgan ditched plans to build its European headquarters in the City in favor of a development across town in Canary Wharf. (Rivals Goldman Sachs and Merrill Lynch remain in the City, though...

Author: /time Magazine | Title: A Renters' Market in London | 8/18/2008 | See Source »

...first glance, the decision to participate seems like a no-brainer for both candidates. Americans remain, to the continuing bafflement of other Westerners, stubbornly religious - a consistent 85% tell pollsters at the Pew Research Center that religion is an important part of their life. And for the most part, they don't separate religion from the political sphere. In those same polls, 70% of Americans say they want their President to be a person of faith. For Obama and McCain, an evening spent discussing matters of faith with the country's most popular Evangelical author and pastor would seem...

Author: /time Magazine | Title: Obama and McCain's Test of Faith | 8/15/2008 | See Source »

...dropped two phrases that had traditionally been welcomed by pro-life voters, including the Clinton-era assertion that abortion should be "rare." Large numbers of Evangelical and Catholic voters will be listening for Obama to articulate his abortion position in his conversation with Warren. A significant number of them remain undecided in the race, and their votes may hinge on his answer...

Author: /time Magazine | Title: Obama and McCain's Test of Faith | 8/15/2008 | See Source »

...When NATO holds its last summit of the Bush presidency in December, the symbolic language may remain soothingly supportive of membership for Georgia, but don't expect to see it granted a Membership Action Plan. Indeed, the events of the past week have called into question the very purpose of NATO and its relationship with Russia...

Author: /time Magazine | Title: The Georgia Crisis: A Blow to NATO | 8/15/2008 | See Source »

...allies who remain close to Musharraf emerged from a meeting at the President's Lodge yesterday to rebuff suggestions that he was poised to step down. Chaudhry Shujaat Hussain, the president of the pro-Musharraf Pakistan Muslim League-Q, said Musharraf was prepared to face his accusers and had enlisted the support of leading lawyers to represent him in the impeachment proceedings. Indeed, in a rare televised address on the occasion of the 61st anniversary of Pakistan's independence, Musharraf betrayed no intent to resign. Instead he urged a return to "political stability" through an approach of "reconciliation, not confrontation...

Author: /time Magazine | Title: Musharraf's Very Long Goodbye | 8/15/2008 | See Source »

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