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...maternity leave and comfortable pension schemes. Universal health insurance is seen as part of the basic social contract. Europe is politically stable, the most generous donor of development aid in the world. Sure, taxes can be high, but most Europeans seem happy to pay more to the state in return for a higher - and guaranteed - quality of life. "The E.U. offers an attractive social, economic and political model," Charles Grant, director of the London-based think tank Centre for European Reform, argued last year. "It is more stable, safe, green and culturally diverse than most parts of the world, which...

Author: /time Magazine | Title: The Incredible Shrinking Europe | 3/8/2010 | See Source »

...Secretary of State and current World Bank president Robert Zoellick - would be for China to demonstrate it is a "responsible stakeholder." America would ensure that China benefits from the global system of international rules and laws developed since World War II and institutions like the World Trade Organization. In return, having acquired a stake in this system, China would realize that it is in its own enduring interest to support the pre-existing global order. (See pictures of U.S. Presidents in China...

Author: /time Magazine | Title: Perception Gap | 3/8/2010 | See Source »

...stands apart, from the East Asian model of development, let alone Western approaches. Therefore, foreign criticisms about poor progress in economic and political reforms do not apply. Moreover, Pax Americana in Asia has been an aberration in existence for only six decades. In contrast, in Beijing's view, the return of the Chinese civilization-state simply restores Asia's natural order...

Author: /time Magazine | Title: Perception Gap | 3/8/2010 | See Source »

...Motion Picture Academy expanded its list of Big Picture nominees from five to 10, hoping that more hits would be included, since the highest-rated Oscar shows in the past 15 years were when the big prizes went to the megahits Titanic and The Lord of the Rings: The Return of the King. The scheme worked: half of the Best Picture nominees have grossed more than a quarter-billion dollars worldwide. Here's the full roster, with each movie's domestic and worldwide gross...

Author: /time Magazine | Title: Box Office Report: Alice's Wonderful Weekend | 3/7/2010 | See Source »

...insists there's no proof that the murders and kidnapping are connected to the theft, the former Saudi chargé d'affaires, Mohammed Khoja, was adamant, telling the Bangkok Post in 1995 that the murder case and heist were linked. Despite the deaths, the Thai police tried to return the gems that weren't yet sold by Kriangkrai in an official visit to Saudi Arabia, hoping it would end the scandal. It didn't take long, however, for Saudi Arabia to claim that most of the returned goods were imitation baubles. To add insult to injury, the local press reported...

Author: /time Magazine | Title: Thailand's Blue Diamond Heist: Still a Sore Point | 3/7/2010 | See Source »

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