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...soul. It knows no such thing about Iran. Prior to Barack Obama's summit meeting with Hu Jintao last year, two U.S. diplomats quietly slipped into Beijing and, in secret, reinforced the obvious: There's this other country in the region called Israel and, well, we're just not sure what they might do. (See what Ahmadinejad's win means for other world leaders...

Author: /time Magazine | Title: China's Iran Dilemma | 2/22/2010 | See Source »

...Greece, but they suffer from the same disconnect between their dire local economic conditions and the monetary policymakers in Frankfurt with other things on their minds. Meanwhile, a core euro-zone country, Italy, has also fallen out of favor with investors because of its high government debt. In a sure sign that these troubles are serious, market analysts have assigned them a catchy acronym: PIGS, for Portugal, Ireland, Greece and Spain (or PIIGS if you include Italy). In early February, the panic began to spread beyond their borders, with markets flailing in Europe and then around the world...

Author: /time Magazine | Title: Echoes of Greece's Debt Crisis | 2/22/2010 | See Source »

Gordon believes that if you focus on the performance of the adults and the system in which they operate, student success is sure to follow. The biggest problem with many failing schools, he and others in the turnaround movement say, isn't the kids, the parents or the community - though all three are undeniable factors. The key flaw is that the schools are poorly run. "We are trying to apply modern-management common sense," says Gordon. "Invest in your talent, set goals - continuous improvement, constant feedback." This differs, he says, from typical public schools, where teachers receive evaluations only once...

Author: /time Magazine | Title: A Quick Fix for America's Worst Schools | 2/22/2010 | See Source »

...think there is such a thing as a rational market? -Femi Awolusi, Denver I believe in markets, but I don't believe that you can have unregulated, unfettered markets. Since the beginning of time, they have been prone to excesses. The key thing is to make sure we have a regulatory system that can evolve with the markets...

Author: /time Magazine | Title: 10 Questions for Henry Paulson | 2/22/2010 | See Source »

...believe global financial regulation will ever be a reality? -Mark Morsi, Copenhagen I don't think we will ever have global financial regulation. I'm not sure we ever should. I don't see that as being problematic as long as we have good global coordination...

Author: /time Magazine | Title: 10 Questions for Henry Paulson | 2/22/2010 | See Source »

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