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...ouster. In a heralded speech at Labour's annual meeting in Manchester on Sept. 23, Brown said the country's current financial turmoil--echoing credit-crisis woes in the U.S.--meant this was "no time for a novice." He went on to refer to Labour as a "rock of stability...

Author: /time Magazine | Title: The World | 9/25/2008 | See Source »

...didn't. On Sept. 17, the Dow plunged more than 400 points, and all three were picking up signs of an even bigger nightmare, one that most Americans were yet unaware of: the whole financial system was seizing up, from formerly rock-solid banks and money-market funds to the esoteric but vital market for foreign-exchange swaps. Credit--the access to cash that keeps the U.S. and other economies oiled--was simply drying up. Banks stopped lending to other banks, out of fear they would not get the money back. Big companies were having trouble raising cash...

Author: /time Magazine | Title: Three Men And a Bailout | 9/25/2008 | See Source »

...It’s a free all-day party.” Still, despite a greater focus on fun, Saturday’s performances still feature high-quality jazz, including Goldsound, a quartet of heavy hitters who will be playing a deconstructive jazz version of music by 90s indie rock band Pavement. “From a music point of view I think it’s going to be incredibly rich,” executive producer Larry Simpson said. Though the festival’s main objective is to provide unbridled entertainment, organizers are confident that the bacchanalia...

Author: By Ama R. Francis, CRIMSON STAFF WRITER | Title: BeanTown Jazz Hits the Pavement | 9/25/2008 | See Source »

...addition to their fluffier, somewhat fantastic lyrics, the feel of songs like “Did You Miss Me” and “The Right Place to Fade” is fun and breezy, adhering to the British tradition that blurs pop and rock. “Love Runs Deeper” is another such tune. Though after a critical listen the song lacks any distinguishing element, its catchy dance-inspiring chorus quickly becomes the perfect anthem for love. The verses repeat images of a couple paralyzed by love, followed by Buckingham’s climactic belting...

Author: By Roy Cohen, CRIMSON STAFF WRITER | Title: Lindsey Buckingham | 9/25/2008 | See Source »

...Kiribati, which was once known as the Gilbert Islands, comprises 32 atolls—small coral islands—and one virtually unscalable rock island dispersed across 4,000 kilometers of the Pacific Ocean. Most of the land is situated at an elevation of less than two meters and is therefore particularly at risk from rises in sea-level caused by climate change...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Kiribati Leader Cites Toll of Climate Change | 9/23/2008 | See Source »

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