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Banks collapse, stocks markets crash, billions flow to shore up the financial system. Yet Belgians responded to what may be the worst financial crisis in a generation Monday in their own quirky way: by going on strike...

Author: /time Magazine | Title: Amid Financial Crisis, Belgians Go on Strike | 10/6/2008 | See Source »

...Europe's inability to rise above its "each nation for itself" mode bodes ill for the prospect of broader international coordination to shore up credit markets in the face of a global crisis of financial confidence. If countries that have long vaunted their joint destinies can't work together, it seems all the more difficult to envisage a global response of governments and regulators toward a financial sector that itself cares little for national borders. Certainly Germany's unilateral action didn't help European markets resist a strong downward trend from Asia, and indexes plunged on Monday, with the FTSE...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

...reckoning was amply visible in advance. For all the brave-sounding statements about a common response at French President Nicolas Sarkozy's conclave on Saturday, he and Merkel, along with Prime Ministers Gordon Brown of Britain and Silvio Berlusconi of Italy, couldn't agree on substantial international measures to shore up Europe's beleaguered financial markets; they in fact had little standing to do so. By Sunday, the national governments in the 27-member E.U., including the 15 that use the euro currency, all seemed concerned first and foremost with the conditions of their own imperiled banks. Nowhere more than...

Author: /time Magazine | Title: Europe Scrambles as the Credit Crisis Goes Global | 10/6/2008 | See Source »

...tied for 20th in his second tournament appearance. Turning in a very respectable 223 (70-76-77), Pollak delivered a solid performance despite his relative inexperience. Rounding out the Harvard contingent, Mayer tied for 29th place, 78-73-75, senior John Christensen shot 77-76-77, and captain Michael Shore shot 74-78-84. Harvard was one of two teams to bring players to play as individuals. Four traveled with the team and played the course, though their scores would not count for the Crimson total. “We took nine overall, five as part of the team...

Author: By Elizabeth A. Joyce, CRIMSON STAFF WRITER | Title: Second-Day Rains Hamper Crimson | 10/5/2008 | See Source »

...close to the beautiful lake just a few minutes walk from our bungalows, because crocodiles had snapped up and devoured several people over the last several months. When we took a boat trip on the lake late one afternoon, we got to see crocodiles sunning themselves on the shore, including one specimen more than 12 ft. long - most of it jaws. Cuteness is a nice evolutionary trait, but when it comes to long-term survival, you can't beat fear...

Author: /time Magazine | Title: What Madagascar Needs is a Mascot | 10/1/2008 | See Source »

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