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Similar deals are available for other eco-embarrassments. Some commentators (like TIME's Charles Krauthammer) have uncharitably compared carbon credits to the indulgences sold by the medieval Catholic Church. But indulgences are apparently misunderstood. The Catholic Encyclopedia, in an eye-rolling, "Here we go again" tone, scolds that an indulgence...

Author: /time Magazine | Title: Credit for Bad Behavior | 6/21/2007 | See Source »

"Suggesting there is a McDonald's approach to banking is heresy," says Kuhlmann. But the no-frills strategy has worked. Since the Canadian trial, ING Direct has launched in eight more countries. In the U.S., where Kuhlmann is now CEO, ING Direct is the largest Internet bank, with more than...

Author: /time Magazine | Title: ING Direct's Man on a Mission | 6/14/2007 | See Source »

There are two kinds of songs on the White Stripes' Icky Thump. The first are primitive, grinding rockers--the kind people have known and cherished and unbuttoned one anothers' clothes to since the Rolling Stones first raided the blues bin. Let's call these the good songs. The second are...

Author: /time Magazine | Title: The White Stripes' Odd Appeal | 6/14/2007 | See Source »

Yet while Filipina domestic workers are both the anchors of Hong Kong's affluent, high-rolling families as well as the lifeblood of whole communities back home, here they remain largely invisible, cooped up in the apartments of their employers and cut off from their relatives and friends across the...

Author: /time Magazine | Title: Unite, a Worker of the World | 6/11/2007 | See Source »

But their commanding lead in the polls hasn't lulled the conservatives into taking the outcome for granted. Led by interim Prime Minister Francois Fillon, UMP candidates have hammered away at the importance of capturing a resounding majority to assist the popular Sarkozy with what they call long-overdue reforms...

Author: /time Magazine | Title: France Set for Second Sarkozy Win | 6/8/2007 | See Source »

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