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...There may be little hope, however, of avoiding the next stage of the global financial crisis: dramatically slower economic growth. The surprising speed at which Asia's economies are decelerating was made clear in China's third quarter GDP figures, released Monday. At 9% growth, China experienced its slowest quarter since 2003. The State Council over the weekend issued a policy statement in which the government promised to provide economic support through greater infrastructure spending, and by offering tax breaks to help small companies and the sagging property market. As the global financial crisis unfolds, the role Asian governments play...

Author: /time Magazine | Title: Asian Nations Step Up Support as Crisis Rolls On | 10/20/2008 | See Source »

...village maidens, bodices laced up and hair braided like so many St. Pauli Girls, drink lager out of disposable frat-party cups. A rustic wooden barrel that looks like it might have been used in the original 1821 production at the Konzerthaus in Berlin, shares space on the stage with a blue plastic trash bin that looks like it might have been purchased at the Home Depot in West Roxbury, Mass. The period and setting are never clear, producing an inscrutable operatic haze that frustrates singers and spectators alike.The haze finally cleared—though only briefly?...

Author: By Michael A. Yashinsky, CRIMSON STAFF WRITER | Title: Opera Boston Misses Its Mark with ‘Der Freischütz’ | 10/20/2008 | See Source »

...sentenced a Czech-born anti-Communist spy to many years of hard labor. But government documents were routinely fabricated under Communism and an 81-year-old historian asserts that the real informant (who is no longer alive) confessed to his testimony years ago. Given the evidence at this stage, it appears that the agent was betrayed either by his college friend, her jealous boyfriend or, only possibly, Kundera himself...

Author: By Jan Zilinsky | Title: The Fall of Kaavya and Kundera | 10/20/2008 | See Source »

...four years later, though, both Bush and John Kerry were left off the list. "The issues in this year's campaign," explained an archdiocesan spokesman then, "could provoke division and disagreement." Critics speculated that church leaders were more concerned about keeping Kerry, a pro-choice Roman Catholic, off the stage...

Author: /time Magazine | Title: How Catholics Are Judging Obama and the Democrats | 10/18/2008 | See Source »

...debates, for their part, largely acquitted Obama of the biggest question mark against him: Does he demonstrate presidential mettle? McCain's performance varied, with high points and low points, but no matter what he did on the debate stage, he never forced Obama to lose his bearings. After each contest, polls showed that independent voters clearly decided that Obama came off as neither scary nor an amateur. In most polls, swing voters said Obama won all three debates, by margins as large...

Author: /time Magazine | Title: McCain's Struggles: Four Ways He Went Wrong | 10/17/2008 | See Source »

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