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...global perspective, the trading in bonds for developing countries that might default on their debt, nations such as Ireland and Ukraine, need to stop changing hands at distressed levels. If the bets on these nations being able to shoulder that own national financial obligations improve, it is a sign that global credit is becoming available, at least at the sovereign level, and that the IMF has been able to get commitments from the "richer" nations to provide credit to those that are in trouble...

Author: /time Magazine | Title: Six Signs the Recession Is Ending | 3/3/2009 | See Source »

...Talk Pretty. MeGlobe is a free instant-message based language translation service. Simply sign up and type in the phrase you'd like translated - like "large latte, and make it snappy" - and see the delight on locals' faces as you order coffee in perfect Spanish, French or 15 other languages...

Author: /time Magazine | Title: Agatha Christie's Private Escape, and Other Travel Goodies | 3/2/2009 | See Source »

...Maliki's confidence in managing without the Americans. "We welcome such a decision and support it," said Tahseen al-Shekhli, a spokesman for the Iraqi government, of Obama's intention to end the U.S. combat mission in Iraq by August 2010. "We consider this as a good-faith sign from the American Administration toward Iraq and Iraqis...

Author: /time Magazine | Title: Most Iraqis Welcome Obama's Pullout Plan | 2/27/2009 | See Source »

...Senate is expected to vote on the measure next week and send it to Obama, who will probably sign it. That way he can turn his attention to what the White House says it is really focused on - Obama's first budget, for fiscal 2010, the outline of which is due to be released on Thursday. "I want to pass a budget next year that ensures that each dollar we spend reflects only our most important national priorities," Obama said on Tuesday night. The anticipated austerity of that budget, which will likely allow President George W. Bush's tax cuts...

Author: /time Magazine | Title: Does Obama Have a Double Standard on Earmarks? | 2/26/2009 | See Source »

...Sheikh Hasina's victory in December was seen as a triumph for a secular, democratic government over both the Islamist forces within the country and the army, which backed a caretaker government that held power for two years. The anger fueling this mutiny is a sign of just how deep the army's power had extended under that government, which stepped down after the 2008 elections. But in order to fulfill any of her ambitious campaign promises - to stabilize the economy, quell jihadist activity and fight corruption, among others - the Prime Minister needs the cooperation, if not the support...

Author: /time Magazine | Title: Military Mutiny Challenges New Bangladesh PM | 2/26/2009 | See Source »

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