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...Imminent bankruptcy concerns at GM/Ford appear overdone and any potential GM-Chrysler deal that enhances liquidity at the new entity may lead to a rally in GM shares as well as the shares if its dependent suppliers. But we increasingly view such a rally as potentially tenuous," said J.P. Morgan's Himanshu Pate in a recent note to investors still hanging on to shares trading at historic lows. That no longer includes Kirk Kerkorian. The Los Angeles mogul, who has made a fortune buying and selling auto stocks over the past two decades, dumped his big block of Ford shares...

Author: /time Magazine | Title: Detroit's Big Three Near the Brink | 10/24/2008 | See Source »

...strike and the financial crisis, Belgium is still mired in a political mess as French and Dutch-speaking parties squabble over where provincial power ends and national authority begins. The country did with just a caretaker federal government for nine months until March, and the current administration is tenuous at best...

Author: /time Magazine | Title: Amid Financial Crisis, Belgians Go on Strike | 10/6/2008 | See Source »

Poor people in America are too often seen as parasites who must prove that they deserve assistance, even when the job market, the education and health care system, and the shortage of affordable housing make survival tenuous for so many Americans. But the help we deign to provide comes with strings that tie up poor people’s worth as human beings into their status as dependents. We suddenly gain the authority to tell them how they ought to live and even attempt to sterilize them, as if a human’s worth to a society were solely...

Author: By Rachel M. Singh | Title: The Undeserving Poor | 10/5/2008 | See Source »

...banks and mortgage giants in the United States should not hinder the country from sending diplomatic aid abroad. Instead, the United States can show that such economic uncertainty has not weakened its commitment and capacity for positive influence in the global community. This is perhaps more important in the tenuous state of international politics right now, since the true nature of any person or nation is evident in generosity during hardship, not prosperity. Investing in a stable Zimbabwe is an investment that is sure to bring returns; the long-term positive impact of an economically healthy, democratic Zimbabwe will resonate...

Author: By Alexander R. Konrad | Title: More than Hope in Zimbabwe | 9/18/2008 | See Source »

...must also contend with a familiar set of security challenges, which, while reduced in scale, are nonetheless troublesome. Al-Qaeda in Iraq, although significantly weakened, is still staging attacks in restive areas like the northern province of Diyala. The specter of renewed sectarian strife is also very real: a tenuous truce between Iraq's various communities will be tested early next month, when the U.S. transfers command authority over the so-called Awakening or Sahwa councils (the Sunni tribal groups that fought al-Qaeda) to the predominantly Shi'ite central government. Neither side trusts the other. Tensions between Arabs...

Author: /time Magazine | Title: General Petraeus' Farewell: What He Leaves Behind in Iraq | 9/16/2008 | See Source »

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