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Just as important, Lula has steered Brazil between the Scylla and Charybdis of the right-wing Bush Administration and left-wing Venezuelan President Hugo Chávez, whose clashes have rocked Latin America. In Washington, Lula is seen as an important ally. "Our relationship is solid--there are lots of points of convergence," says Christopher McMullen, Deputy Assistant Secretary of State for Western Hemisphere Affairs. But while Lula bonds with Bush over biofuels--Brazil is a global pioneer in that area--he's also huddling with Chávez over plans to turn South America into an integrated economic bloc along...

Author: /time Magazine | Title: Lula's Way | 9/25/2008 | See Source »

...didn't. On Sept. 17, the Dow plunged more than 400 points, and all three were picking up signs of an even bigger nightmare, one that most Americans were yet unaware of: the whole financial system was seizing up, from formerly rock-solid banks and money-market funds to the esoteric but vital market for foreign-exchange swaps. Credit--the access to cash that keeps the U.S. and other economies oiled--was simply drying up. Banks stopped lending to other banks, out of fear they would not get the money back. Big companies were having trouble raising cash...

Author: /time Magazine | Title: Three Men And a Bailout | 9/25/2008 | See Source »

Harvard also benefited from dominant ball possession and a solid defense led by co-captain Luke Sager, which applied crushing pressure on the Wildcats at all the right times to help lock...

Author: By Nico S. Theofanidis, CONTRIBUTING WRITER | Title: Akpan, Harvard Tame Wildcats at Home | 9/23/2008 | See Source »

...under a new accounting rule, which requires public employers to record costs for post-retirement benefits. Bailey declined to release additional figures as an audit has yet to be completed, but stated that without the $13 million tag, the Health Alliance would have been on “very solid footing...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Cambridge Health Alliance May Consolidate Health Care Services | 9/23/2008 | See Source »

...polls, even led - McCain in surveys of North Dakota and Montana over the summer, when Obama was the only candidate advertising there, he now trails McCain by double digits in those states. Real Clear Politics, a nonpartisan website that tracks the campaign, recently moved both states into the "solid McCain" column. Still, the campaign is taking a wait-and-see approach in Montana as staff and volunteers race to register as many voters as possible. Essentially, the campaign's entire state-by-state strategy will come down to voter registration: it will keep investing in the states where...

Author: /time Magazine | Title: Obama Scales Back His 50-State Strategy | 9/23/2008 | See Source »

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