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...Importantly, all three companies promised to make money by 2012, even in a worst-case scenario of selling just 12 million cars and light trucks annually - 4 million fewer than in 2007. The key is a revamped portfolio more heavily weighted to smaller cars and crossovers, as well as to hybrids and electrics that are far more efficient than the current fleet. That's crucial because Detroit currently loses money making cars in North America. You see the problem...

Author: /time Magazine | Title: Is This Detroit's Last Winter? | 12/4/2008 | See Source »

...been given the unenviable task of coming up with a compromise bill in a matter of days before Congress adjourns for the year. One solution would be to divert the $25 billion from the modernization fund and then take $9 billion more from the bank-bailout funds. In this scenario, the Senate would pass the measure first, but whether such a move would pass the House is far from certain, as leadership from both sides of the aisle have voiced opposition to pieces of such a plan...

Author: /time Magazine | Title: Big Three Bailout Hits Some Speed Bumps in Washington | 12/4/2008 | See Source »

...current scenario facing our country and these hypothetical situations are similar in two ways: The American taxpayers are ultimately going to pay for the negligence and poor decisions of a few, and as a consequence of this, somebody needs to go to jail...

Author: By Steven T. Cupps | Title: Go Directly to Jail | 12/4/2008 | See Source »

...find one increasingly likely scenario terrifying: India’s ruling coalition is seen as being weak on terror, and if the current opposition keeps up the pressure the right-wing Bharatiya Janata Party (BJP) could find itself in power after the general election next May. Like the Republican Party here in America, and like good right-wing organizations across the globe, the BJP is brilliant at hiding its ulterior motives under the veil of national security. The last time the BJP was in power was by no means tranquil, and the party’s idea of fighting terror...

Author: By Rajarshi Banerjee | Title: The Week After Mumbai | 12/1/2008 | See Source »

...Africa's Sunday Times said 400 new cholera cases were arriving at a treatment center in the township of Budiriro every day. Aid groups on the ground - UNICEF, Medecins Sans Frontieres, German Agro Action and the WHO have between them set up 36 treatment centers - are working on a scenario of 10,000 deaths and 60,000 infected by next March. The outbreak began in the east of the country and now affects the entire eastern portion, said the U.N. Office for the Coordination of Humanitarian Affairs. It is also hitting cities hard, including the capital Harare, where...

Author: /time Magazine | Title: Zimbabwe's Latest Plague: Cholera | 12/1/2008 | See Source »

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