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...Even without the ominous prospect of military meddling, the stakes are high indeed. The threat of further political turmoil is already spooking investors, with Turkish shares tumbling 8% on Monday alone. A political impasse threatens to slow or reverse democratic reforms that were under way to meet European Union norms, and could further complicate Turkey's strained relations with Europe. Some E.U. membership negotiations are already on hold, and they are not likely to resume if the government cannot agree on who's in charge. Senior E.U. official Olli Rehn has said Turkey's handling of the crisis will...

Author: /time Magazine | Title: Divided They Stand | 5/3/2007 | See Source »

...Lebanon war excoriated him for his "very severe failures." His approval rating hovers around 3%. Now his Foreign Minister has called for him to resign. Yes, it has been a difficult stretch for Prime Minister Ehud Olmert of Israel. But Olmert has told his critics to "slow down" and called an emergency cabinet meeting, after which he said he would take the report's findings to heart but had no intention of resigning...

Author: /time Magazine | Title: GLOBAL NOTE: Olmert Under Fire | 5/3/2007 | See Source »

Hong Kong this year, and two in Shanghai. As a sign of how China has come to dominate the Asian retail market, Japan has taken a backseat. H&M will open its first store there by 2008. Other possibilities, like Singapore, are in the works. "We're taking things slow to start out, but we're clearly not going into Asia for 10 stores," Persson explains. "The potential for the market is just too huge...

Author: /time Magazine | Title: H&M Sets Up Shop in China | 5/3/2007 | See Source »

Kids who quit school don't just suddenly drop out; it's more of a slow fade. Typically it begins in the ninth grade, if not earlier, often when life hits a particularly nasty patch and racking up credits in class no longer seems especially compelling or plausible. Ernestine Maisonet started fading in eighth grade, when the grandmother who had raised her died. "She was a woman who worked wonders," murmurs Maisonet, who says she doesn't know her mother and isn't close to her dad. After the death, her family of six siblings fell apart. Maisonet has lived...

Author: /time Magazine | Title: Stopping the Dropout Exodus | 5/3/2007 | See Source »

...first ten minutes to seize the lead. The deficit boded ill for the Crimson, as this season’s team has too often allowed the opposition to take the lead on early runs. “I think we just got off to sort of a slow start,” junior attack Caroline Simmons said. “Our coaches called a time out, got us fired up, got our heads back in the game and we got our act together.” Harvard was further motivated by a desire to win for senior captain Perry Barlow...

Author: By Tyler D. Sipprelle, CRIMSON STAFF WRITER | Title: Harvard Ends Season on High Note | 5/2/2007 | See Source »

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