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...might not be such a bad thing to force GM to reinvent itself under Chapter 11 bankruptcy protection. However the wider, short-run repercussion might be too much to bear for the North American industry. "There's a real fear if one of the Detroit Three fails it will threaten the future of the others on both sides of the border," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. Says Buckley of the CAW: "If GM fails, we'll lose hundreds of thousands of jobs in Canada. What kind of country...

Author: /time Magazine | Title: Canada Faces Its Own Auto Industry Pains | 11/17/2008 | See Source »

...Medvedev’s position on this missile-shield standoff has been deliberately provocative. That posturing worked: many in America have argued that the United States should not allow this development to threaten diplomatic relations by upsetting the Russians. These arguments, however, seems to want it both ways—they insist that the United States can neither back down and seem weak, nor prioritize a controversial missile shield over calm negotiation. Diplomacy can often work, and President-elect Obama will hopefully engage more countries in level dialogue than his predecessor. The Russians, however, constitute a special case...

Author: By Alexander R. Konrad | Title: From Russia, With Love | 11/13/2008 | See Source »

...with the bathwater. The Russians, meanwhile, need to be called out on their ridiculous gambit. Medvedev cannot realistically be prepared to attack Europe, with Russia’s recent economic slide and much of its revenue coming from oil sales to the very countries it now claims it will threaten. Obama will have many chances to improve on the Bush administration’s record in his willingness to use diplomacy instead of resorting to force. His interactions with Russia, however, will have to be characterized by firmness and a willingness to stand up to growing displays of aggression...

Author: By Alexander R. Konrad | Title: From Russia, With Love | 11/13/2008 | See Source »

...Forty years later, happy liberals mobbed Grant Park, invited by another mayor named Richard Daley, to celebrate Barack Obama's election. This time the flags flew proudly at full mast, and the police were there to protect the crowd, not threaten it. Once again, Americans watched on television, and this time they didn't seethe. They wept. (See pictures of Obama's Grant Park celebration...

Author: /time Magazine | Title: The New Liberal Order | 11/13/2008 | See Source »

...trade, immigration and multilateralism, though, downscale Democrats are more skeptical. In the future, the old struggle between freedom and order may play itself out on a global scale, as liberal internationalists try to establish new rules for a more interconnected planet and working-class nationalists protest that foreign bureaucrats threaten America's freedom...

Author: /time Magazine | Title: The New Liberal Order | 11/13/2008 | See Source »

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