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...crucial feature of any British plan: revenue from the tax would be funneled directly into state coffers - remember that $250 billion deficit - and not into an insurance fund to be tapped in the event of any future catastrophe. Such a pool, the U.K. reckons, could simply encourage banks to behave recklessly, safe in the knowledge they'd be covered for any damage. Germany's proposal is different. Having had to nationalize or buy stakes in a string of beleaguered banks since the crisis began, the German government wants to pass the bill for future bailouts to the banks themselves. Lenders...

Author: /time Magazine | Title: In Europe, a Tax on Banks Gains Momentum | 3/26/2010 | See Source »

...hopes to renovate and move into their state-of-the-art facilities in early 2011—a project that will cost more than 18 and a half million dollars, with the move itself costing one million dollars, according to MCZ Director James Hanken...

Author: By Gautam S. Kumar, CRIMSON STAFF WRITER | Title: Collections To Find New Home in Northwest Science Building | 3/26/2010 | See Source »

Most museum staffers agree that the new state-of-the-art space in Northwest has clear functional advantages over the aging facility it currently occupies: foremost, a new heating, ventilating, and air conditioning system that will keep temperatures and humidities stable throughout the year to protect sensitive specimens like skins and skeletons and to prevent insect infestations...

Author: By Gautam S. Kumar, CRIMSON STAFF WRITER | Title: Collections To Find New Home in Northwest Science Building | 3/26/2010 | See Source »

...Jerusalem is just one of a number of difficult "final status" issues to be negotiated in pursuit of a two-state solution - others include where to draw the borders; the fate of settlers and of Palestinian refugees who fled their homes in Israel in 1948 and were barred from returning; security; and water rights. But the fate of the Holy City is easily the most emotive, and perhaps also the most intractable point of conflict. And the very process of trying to restart final-status talks has once again put Jerusalem at ground zero in the conflict. (See pictures...

Author: /time Magazine | Title: Is It Too Late to Share Jerusalem? | 3/26/2010 | See Source »

...standoff between Prime Minister Benjamin Netanyahu and the Obama Administration concerns whether Israel can build in those parts of the city it captured in the war of 1967 - the Jewish state's claims to East Jerusalem are not internationally recognized, and building there is considered settlement activity by the U.S. and the rest of the international community. In order to restart peace talks, the Obama Administration has demanded that Israel freeze all settlement construction, in line with its obligation to do so under President Bush's 2002 peace road map. Netanyahu demurred, offering instead a temporary slowdown in West Bank...

Author: /time Magazine | Title: Is It Too Late to Share Jerusalem? | 3/26/2010 | See Source »

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