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...other parts of Europe, things are looking even worse. Shares on the Greek stock market have fallen 9% over the past two days. The parlous state of Greece's public finances has prompted credit-rating agency Fitch to lower the country's debt rating to BBB+, the lowest in the euro zone, Europe's single-currency region. Further blows could follow: rival agencies Moody's and Standard & Poor's have threatened similar moves in recent days. (See 10 things to do in Athens...

Author: /time Magazine | Title: Why Greece Could Be the Next Dubai | 12/9/2009 | See Source »

...former, Matthews said “picking Hillary Clinton for Secretary of State was really majestic,” adding that the “most profound thing Obama did was unite the Democratic party to win by taking Bill and Hillary Clinton...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: Matthews Speaks at Kirkland | 12/9/2009 | See Source »

...specific rules" be adopted in Mexico for witness protection - and Bayardo's murder could prompt that reform. Described by officials as a "collaborating witness," Bayardo was arrested last year for allegedly taking $25,000 a month from the powerful Sinaloa cartel (headquartered in Mexico's northern Pacific state of Sinaloa) in exchange for information about police operations. Since then he had been providing crucial testimony not only regarding drug trafficking, but also about links between federal police bosses and Sinaloa capos...

Author: /time Magazine | Title: Mexico's Witness-Protection Program: What Protection? | 12/8/2009 | See Source »

...what happened to that new era of Indo-U.S. friendship, celebrated so elaborately and so recently over gilded plates of collard greens and basmati rice? It certainly hasn't been forgotten, but the ritual pomp and genuine goodwill of the Nov. 24 state visit to Washington have quickly made room for the realities of Indian politics. The Russian bear hug is a "note of caution" and a reminder of earlier American agreements gone sour, says G. Parthasarathy, a former Indian ambassador and visiting professor at the Centre for Policy Research in New Delhi. While the details...

Author: /time Magazine | Title: India's Friends: Dinner in the U.S., Dessert in Moscow | 12/8/2009 | See Source »

...Ranjan Mohanty, a defense expert at the Observer Research Foundation in New Delhi. "It's also about building relationships with the country." Those in the running will have about two years to demonstrate how willing they are to share technology and how closely their national interests are aligned. A state dinner is just a start. See pictures of the Nehru dynasty of India...

Author: /time Magazine | Title: India's Friends: Dinner in the U.S., Dessert in Moscow | 12/8/2009 | See Source »

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