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That argument begins to break down when you have aspirations to help fix the world. Over the past decade or so, many Europeans have liked to think of the E.U. as a counterweight to Washington and now Beijing: a big, rich, but more benign global power. Ask Catherine Ashton to define Europe's ideals, and her aspirations are far from modest: "Democracy. Human rights," she says. "Wanting to see stable, secure nations, with whom we enjoy political dialogue and economic relationships...

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

That, it should be said, would be easier said than done. We should not forget: Europe is rich and democratic; its values are closer to those of the U.S. than those of anywhere else. But Europeans cannot rely on that shared sensibility to secure American favor forever. The world beyond Europe's borders is changing fast. What counts now, says Constanze Stelzenmüller, senior transatlantic fellow at Berlin's German Marshall Fund, is what Europe "can bring to the table." So far, it's bringing too little. Do Europeans want that to change? If so, now would...

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

...easy to be told that your attitude needs to change, but that's the Greek government's message. Still, even as Greeks grapple with changing their lifestyle, the fact that they like to spend could turn out to be a blessing. "Greece is a poor country with rich people," says Sarantis. "It's a strange thing." He has a point. Despite the economic downturn, Golden Hall, a luxury mall in the capital that opened in 2008, was packed on a recent weekend, and the shelves in many of its 131 stores were bare. Perhaps it's a final party, just...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

Societies become rich through ingenuity and hard work. But they become great because they produce men and women who lift them beyond the moment. Alexander Haig, who served his country during turbulent times, was such a person. I recruited him for the National Security Council staff as my deputy. One of his principal tasks was to help end a war that President Richard Nixon had inherited and in which Al had fought. It proved a heartrending journey, especially for a soldier. But with typical skill and dedication, Al carried out the many vital missions entrusted to him, including the dual...

Author: /time Magazine | Title: Alexander Haig | 3/8/2010 | See Source »

...case, raising hopes that some of the questions surrounding what has come to be known in Thailand as the Blue Diamond Affair would finally be answered. For Thailand, it could mean improved diplomatic relations with Saudi Arabia, potentially returning hundreds of thousands of jobs in the oil-rich nation to Thai migrant workers. But since Thailand's statute of limitations lapsed in February for murders allegedly linked to the heist, the Thais are running out of options. It will now be up to the Saudi government to decide if Thailand's last-ditch efforts are enough to normalize relations...

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

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