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...Timothy Geithner will be remembered for its speed and unexpectedness. Just four weeks ago, on the heels of a failed presentation of the Administration's plan to help shore up banks, he was considered indecisive and incompetent. There were calls for him to step down until the President voiced support for his Treasury Secretary on a television talk show...

Author: /time Magazine | Title: Timothy Geithner's Transformation | 3/25/2009 | See Source »

...Soundly defeated Howard - Australia's second-longest-serving Prime Minister - in November 2007, in a rout dubbed a "Ruddslide." Drew support by pledging to withdraw combat forces troops from Iraq and focus attention on the environment, health and education...

Author: /time Magazine | Title: Australian Prime Minister Kevin Rudd | 3/24/2009 | See Source »

...Outliers "If you really want to push the envelope, then how about Damascus or Tehran?" asks Hooper. "Now that would make an impression." Yes, but it would be seen as rewarding states that support terrorist groups, and there's no indication the White House is considering either city. Baghdad? Still too dangerous. Riyadh? Obama would be seen as being in the pocket of the Saudi royal family. Oman, Bahrain ... the list could...

Author: /time Magazine | Title: Behind Obama's Speech to the Muslim World | 3/24/2009 | See Source »

...That's a view widely held across French society. But in a sign of change, more and more voices are speaking up to support Sarkozy's and Sabeg's ideas. The number of minority characters on television, film and in the media generally has noticeably increased over the past few years. People in other industries have begun pointing out the practical problems created by the legal ban on including ethnic data in official statistics. "From a sociological point of view, I'm for it, just as I'd be inclined to include any qualitative statistic as revelatory and essential...

Author: /time Magazine | Title: Should France Count Its Minority Population? | 3/24/2009 | See Source »

...Little wonder. Even before the financial crisis hit last year, Hungary had one of the largest budget deficits in the E.U. Since last September, things have grown progressively worse. Not only has Hungary needed the life support of a US $25.1 billion credit line from the International Monetary Fund, its currency has been in free fall. Since the beginning of this year, the Hungarian Forint has slid 19% against the U.S. dollar, and 13% against the Euro. The government now predicts the economy could shrink by 3% this year, a modest estimate compared to the 7.5% drop predicted by some...

Author: /time Magazine | Title: Is Hungary the Financial Crisis' Next Iceland? | 3/24/2009 | See Source »

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