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...decided that shunning Belarus has not worked. "Isolation is perceived to have failed as there has been little change in the political structure of the country or moves toward democratization," says David Marples, a Belarus expert at the University of Alberta in Canada. With Russia badly hit by the sharp drop in the price of gas and oil, it's also a good opportunity to increase Europe's influence in the region...

Author: /time Magazine | Title: Belarus: Can Europe Change Its 'Last Dictatorship'? | 3/25/2009 | See Source »

...outrage will pass, and when it does, we're going to have to focus on whether keeping AIG afloat is preventing a sharp recession from becoming a prolonged one. The reason AIG has cost taxpayers $170 billion - and the reason the Obama Administration seemed willing, at least at first, to hold its nose and accede to bonuses for the company's managers - is that it's too big to fail. It's an often heard phrase, but what does it really mean? (See the top 10 financial collapses...

Author: /time Magazine | Title: How AIG Became Too Big to Fail | 3/19/2009 | See Source »

...Global-warming issues face particularly tough obstacles, especially at a time when the prophets of other crises proclaim more-imminent doomsdays. Obama, says Frank O'Donnell, president of Clean Air Watch, "is taking on an awful lot of sacred cows all at once, and these are cows that have sharp teeth and are going to bite back." (What exactly is a green-collar...

Author: /time Magazine | Title: Is Obama's Environmental Agenda Losing Out? | 3/18/2009 | See Source »

...Despite Bernanke's sharp macroeconomic intellect we're afraid that he may not be able to conduct monetary policy with the virtuosity of a maestro. - despite receiving mostly approval and praise, Bernanke's nomination drew some criticism from Richard Yamarone, director of economic research for Argus Research Corporation, for Bernanke's seeming lack of "real-world" experience. (CNNMoney.com, October...

Author: /time Magazine | Title: Federal Reserve Chairman Ben Bernanke | 3/16/2009 | See Source »

Experience vs. Youth. A study of Canadian air-traffic controllers published in this month's Journal of Experimental Psychology suggests that an aging brain is just as sharp as a young one - at least when it comes to surveying the skies. While older controllers, aged 53 to 64, were slower on simple memory or decision-making tasks not directly related to air-traffic control than their younger peers, aged 20 to 27, they did equally well on tests that directly simulated the tasks of an air traffic controller. The study's lead author theorizes that decades of experience and expertise...

Author: /time Magazine | Title: Unemployment Special: Travel Steals and Freebies | 3/16/2009 | See Source »

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