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...political independence" of the bank, Balcerowicz says. But that isn't all: the government has mounted a legal challenge against the European Commission for approving the UniCredit merger, prompting the Commission to file a counterclaim of its own. "That's a very symbolic gesture, and a bad signal," says Aurore Wanlin, a fellow at the Center for European Reform in London. "It's much better to simply talk through the problem. The government has a lot to learn." According to critics, the suit shows how out of step the government has become with the rest of Europe...

Author: /time Magazine | Title: Volume On High | 4/16/2006 | See Source »

While the military's reproach is the most remarkable, it follows some public criticism of Rumsfeld from the civilian side of the Administration that seems to signal he is no longer feared. Last month, Condoleezza Rice acknowledged "tactical errors, thousands of them" in the conduct of the war. That remark, which Rice later characterized as a figure of speech, led Rumsfeld to respond, "I don't know what she was talking about, to be perfectly honest." And though he bears some responsibility for overstating the case for war before the invasion, Powell took aim at his old rival Rumsfeld...

Author: /time Magazine | Title: The Revolt of the Generals | 4/16/2006 | See Source »

Iran, which said last week that it had mastered uranium enrichment, will also be on the table. China has hinted that it might use its Security Council veto to block possible economic sanctions against Tehran. Green expects "Hu will be under some pressure [from Bush] to signal that China's patience is wearing thin...

Author: /time Magazine | Title: Hu's Coming To Lunch | 4/16/2006 | See Source »

...know how she does it." The Queen will spot tiny errors in memos, and approves details as small as bedroom assignments and whether a photographer may stand in a corner at a state banquet. She doesn't usually get cross. "Do you really think so?" is usually enough to signal staff they are proceeding down a dead end. But as for changing the fundamental ways the palace works, she sticks with her instinctive pattern and mostly waits for suggestions. Her biographer Lacey calls her "not an innovator, but a sensitive responder, and she is very well advised. Successful monarchs...

Author: /time Magazine | Title: What Does the Queen Do? | 4/14/2006 | See Source »

...light, Professor of Physics and Electrical Engineering Paul Horowitz ’65 will be one of the first to know. The Planetary Society, a leading non-profit space research organization, announced Tuesday that Horowitz will direct a year-long project to scan the Milky Way for light signals sent by extraterrestrial life using a new optical telescope at the Oak Ridge Observatory in Harvard, Mass. The telescope, which was dedicated in a ceremony Tuesday, is the largest optical telescope east of the Mississippi, and is the first of its kind to be devoted entirely to the Search for Extra...

Author: By Laurence H. M. holland, CRIMSON STAFF WRITER | Title: Prof Goes High-Tech in ET Search | 4/13/2006 | See Source »

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