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Just weeks after hailing Obama's election, E.U. officials are now howling that his plans are putting a global economic recovery at risk. They want Obama to resist any retreat into protectionism, warning that it could turn the recession into a 1930s-style slump...

Author: /time Magazine | Title: Why Europe Is Fuming About the Stimulus Package | 2/5/2009 | See Source »

...leaders: they run counter to E.U. rules that ensure the free flow of goods, services and workers. Worse yet, notes U.K. Business Secretary Peter Mandelson, such moves risk beginning a chain reaction of protectionism that could make the economic slowdown even worse. "It would be a huge mistake to retreat from a policy where, within the rules, U.K. companies can operate in Europe and European companies can operate here," Mandelson said on Jan. 31. "Protectionism would be a surefire way of turning recession into depression...

Author: /time Magazine | Title: Protectionism on the Rise in Europe? | 2/4/2009 | See Source »

...social issues such as gender equality, a robust welfare system and rights for the disabled and elderly. Fellow MP Ágúst Einarsson went as far as to call her "socialism incarnate." Firmly planted in left-of-center politics, the new Minister reflects the nation's postmeltdown retreat from the right, as demonstrated in recent polling data...

Author: /time Magazine | Title: Iceland Picks the World's First Openly Gay PM | 1/30/2009 | See Source »

...them to their home pulpit. Wolpert of Crookston's First Presbyterian entertains even more radical visions. The average age of his Sunday flock is 63 (Carol Porter is now a member). But he is also founder of the Minnesota Institute of Contemplation and Healing, an energy-independent, nationally ambitious retreat center offering ancient disciplines such as icon and walking meditations and surrounded by a storybook hayfield with a view of the Red Lake River. Wolpert sees God's future here as extending beyond small-town churchgoers to northern Minnesota's more ethnically varied newcomers and even to religious tourists. "This...

Author: /time Magazine | Title: Rural Churches Grapple with a Pastor Exodus | 1/29/2009 | See Source »

...Despite the severity of the downturn - and the size of today's protest - French leaders aren't beating a retreat. Heading into the strikes, Sarkozy sounded a conciliatory tone, assuring French citizens that he understood their problems, but also stressing that France can't "halt its reform movement...

Author: /time Magazine | Title: Massive Strike Closes France | 1/29/2009 | See Source »

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