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...scale of the envisaged capital injections indicated how large the government anticipates the holes in banks' balance sheets may actually be. The market is also mulling the impact of the government's stipulation that banks participating in the scheme must restrict executive pay and dividends to other shareholders. The voluntary nature of the scheme is also problematic, says a City fund manager based at an Asian-owned bank. "It would have removed more uncertainty if the government had just applied the plan to the banks across the board," she says. "Now we have to worry about which banks might need...

Author: /time Magazine | Title: British Bank Bailout: Is It Enough? | 10/8/2008 | See Source »

...Crackdown In the wake of a second school shooting in 10 months--which claimed 11 lives at a trade school 180 miles (290 km) northwest of the capital--the government announced it will move to tighten Finland's lax gun laws by submitting amendments to Parliament that would restrict licensing and deepen background checks. The nation's strong hunting tradition has spurred one of the world's highest rates of gun ownership...

Author: /time Magazine | Title: The World | 10/2/2008 | See Source »

...dictates terms. So they're trying to break this monopoly and create an alternative union," he says. But Anil Nagrath, secretary of the Indian Motion Pictures Producers Association, argues that the demand that producers employ only union members stifles the industry's creativity. "They [the workers' union] want to restrict all creative freedom. How will I make a film if I can't decide which junior artist to employ? They're forcing producers to leave Mumbai and shoot elsewhere...

Author: /time Magazine | Title: The Bollywood Strike Hits Festival Season | 10/2/2008 | See Source »

...Cambridge Community Preservation Act Committee (CPAC) recommended on Tuesday that the city contribute $175,000 to help the residents of Shady Hill Square buy a 93-year-old open space in order to restrict development...

Author: By Hee kwon Seo, CRIMSON STAFF WRITER | Title: City May Donate to Shady Hill Effort | 9/11/2008 | See Source »

...George, however, points out that Palin couldn't have seen everything through an Evangelical lens. She did, he says, notably resist calls to restrict operating hours for the bars in town. And even if faith did play an unusually large role in her decision-making as mayor, it may have only reflected the continued rise of Evangelicalism in the valley, a growth that continues to this...

Author: /time Magazine | Title: Mayor Palin: A Rough Record | 9/2/2008 | See Source »

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