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There is an irony to how the ostensibly free-market U.S. has just signed off on a $787 billion stimulus package - equivalent to about 5.5% of total GDP (2.0% for 2009) - while the supposedly interventionist E.U. has struggled to scratch together programs worth 0.9% of its total GDP. The E.U...

Author: /time Magazine | Title: Europe's Economic-Stimulus Message: Enough Already! | 3/13/2009 | See Source »

To understand just how great, listen to the pair's fifth album, Welcome to Mali, out March 24. Following up on their 2005 breakthrough, Dimanche ŕ Bamako, which was produced by France-raised Spaniard Manu Chao and topped critics' lists worldwide, Amadou and Mariam recruited another international rock star, Brit...

Author: /time Magazine | Title: Whole Lotta Love | 3/12/2009 | See Source »

The Rating: BBB.* Leverett House will never evoke the kinds of emotions that an Adams, a Mather, or the Quad (didn't say they had to be good emotions) does. When you tell your friends you’re a “Rising Rabbit,” next Wednesday...

Author: By Aparicio J. Davis | Title: The Housing Crisis: Leverett House | 3/12/2009 | See Source »

During Russia's fat years, waistlines expanded almost as quickly as oil and gas exports. But now that lean times have returned, Russia's Ministry of Health is encouraging a revival of a diet full of cabbage, sour milk and other traditional foods to fatten Russians' wallets and slim their...

Author: /time Magazine | Title: Russia's Economic Rescue Plan: Go on a Diet | 3/11/2009 | See Source »

Officials are worried that if the price of food keeps rising too fast it could prompt widespread social unrest. The pensions of millions of retired Russians continues to hover below the poverty line and thousands of workers are losing their jobs. At a Communist rally in central Moscow in late...

Author: /time Magazine | Title: Russia's Economic Rescue Plan: Go on a Diet | 3/11/2009 | See Source »

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