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Curiously, few Asians bear any resentment towards Europe, despite centuries of colonial rule and domination. Asians are focused on the future, not the past. However, they do expect Europeans to treat them with respect, not cultural condescension. This is another thing Europeans do not get. The protests in European capitals before the Beijing Olympics, the efforts to dictate human-rights clauses in the India-E.U. cooperation agreement and the obsession with Burma show both a lack of sensitivity and of strategic thinking. If Europe does not act fast, it will miss the boat on Asia. (See 25 authentic Asian...

Author: /time Magazine | Title: Europe's Errors | 3/8/2010 | See Source »

...thing straight: Europe is a remarkably good place to live. Many of the E.U.'s member states are among the richest in the world. Workers in Europe usually enjoy long vacations, generous maternity leave and comfortable pension schemes. Universal health insurance is seen as part of the basic social contract. Europe is politically stable, the most generous donor of development aid in the world. Sure, taxes can be high, but most Europeans seem happy to pay more to the state in return for a higher - and guaranteed - quality of life. "The E.U. offers an attractive social, economic and political model...

Author: /time Magazine | Title: The Incredible Shrinking Europe | 3/8/2010 | See Source »

...fuel tax is likely to follow, and other taxes are rumored. This worries executives like Doros Constantinou, the CEO of Coca-Cola Hellenic, which sells soft drinks in 28 countries. "An increase in taxes will have an impact on disposable income," he says. "That's not a good thing." While he feels his company has already reduced operating costs and won't be affected too much by Greece's crisis, he admits, "We can't be immune. After all, we're living in a difficult environment...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

...attitude needs to change, but that's the Greek government's message. Still, even as Greeks grapple with changing their lifestyle, the fact that they like to spend could turn out to be a blessing. "Greece is a poor country with rich people," says Sarantis. "It's a strange thing." He has a point. Despite the economic downturn, Golden Hall, a luxury mall in the capital that opened in 2008, was packed on a recent weekend, and the shelves in many of its 131 stores were bare. Perhaps it's a final party, just like Tsiknopempti, before things get leaner...

Author: /time Magazine | Title: Greece's Math Problem | 3/8/2010 | See Source »

...that don't necessarily pertain to the knockoffs. It wasn't an arbitrary mashup. Austen's novel is about the comedy and pathos of people whose lives are shaped by monstrous realities that they're too polite to talk about, namely money and sex. Zombies are just another unspeakable thing to tiptoe around. There's a certain dream logic to it, but it doesn't follow that the trick will work twice...

Author: /time Magazine | Title: Critique of Abraham Lincoln: Vampire Hunter | 3/8/2010 | See Source »

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