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...agency has aroused fear and loathing throughout much of Africa, Asia and Latin America because of the tough conditions it imposed on governments as the price for its financial assistance. When its role dwindled to near-irrelevance earlier this decade as the world economy expanded strongly, few tears were shed. Taking over as managing director in 2007, Frenchman Dominique Strauss-Kahn warned its directors that, "what might be at stake today is the very existence...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

Twenty years ago, a question posed by Italian journalist Riccardo Ehrmann prompted an East German official to say the words that triggered the fall of the Berlin Wall. Now new facts have emerged that shed a different light on that fateful press conference...

Author: /time Magazine | Title: Berlin Wall: Was the Fall Engineered by the GDR? | 4/19/2009 | See Source »

...awaiting their walking papers: No one knows how many of Wachovia's roughly 20,000 employees there will be cut in the company's merger with Wells-Fargo. Or how many of Bank of America's 15,000 Charlotte employees will survive the company's plans to shed some 35,000 jobs nationally in the coming years. "There's a whole lot of uncertainty, especially around Wells," says Bob Morgan, president of the Charlotte Chamber of Commerce...

Author: /time Magazine | Title: Southeastern States Are Hit Hard By Recession | 4/18/2009 | See Source »

Despite the pressure of Chrysler's April 30 deadline to pull off a rescue package - or face potential bankruptcy - the United Auto Workers has been in no rush to make concessions. "As I see it, the United Auto Workers union has a choice. They can [shed] some jobs or they can take a pay cut," says a financial consultant based in Detroit. "Naturally when you're faced with two bad choices, there is a natural tendency to procrastinate...

Author: /time Magazine | Title: The UAW and Chrysler: a Lose-Lose Situation | 4/17/2009 | See Source »

...team of Harvard researchers have identified a potential method for treating Huntington’s disease that might shed light on treatments for similar neurodegenerative diseases. The team—led by scientists at the Harvard-affiliated MassGeneral Institute For Neurodegenerative Disease (MGH-MIND)—identified a novel mechanism of clearing disease-causing mutant huntingtin protein from brain cells by modifying the protein structure for autophagic degradation, a natural degradation process in cells. The introduction of a specific molecular fragment known as an acetyl group into the mutant proteins—a process also known as acetylation?...

Author: By Gordon Y. Liao, CRIMSON STAFF WRITER | Title: Potential Treatment Method Identified for Huntington's | 4/10/2009 | See Source »

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