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...Karel Lannoo, chief executive officer of the Center for European Policy Studies in Brussels, thinks the European Union's "collective structures and recent history of harmonization" leave it well-placed to come up with coordinated national rules - or eventually even common regulation - for financial markets. Yet he says spotty bank balance sheets were just as evident and untreated in Europe as the were in the U.S. until the crisis hit. "Europe, like America, decided it was easier to assume the sun would keep shining and the grass would remain green," Lannoo says...

Author: /time Magazine | Title: Muted Hopes for Global Finance Summit | 10/23/2008 | See Source »

...Family ($500,000). Fighting against approval of Prop. 8 are celebrities like Steven Spielberg and his wife Kate Capshaw ($50,000 each), as well as former GOP U.S. Senate candidate Michael Huffington ($100,000); Robert Haas, chairman emeritus of Levi Straus ($200,000); and the California Teachers Union Issues PAC ($2 million). The media battle has been intense. Talk-show host Ellen DeGeneres (who had vice-presidential candidate Joe Biden on her show to oppose Prop. 8) has thrown $100,000 to buy TV time to fight the ban. Meanwhile, proponents of Prop. 8 - conservative groups and churches among them...

Author: /time Magazine | Title: California and Beyond: The Battle over Gay Marriage | 10/21/2008 | See Source »

Bashir has tried to woo African Union leaders, who have a tendency to close ranks around colleagues who become the target of accusations of rights abuses or political shenanigans. And so far, it has worked. The African Union has asked the U.N. Security Council to order the ICC to suspend its Darfur investigations on the grounds that they pose a threat to international peace and security. African Union leaders also say that by prosecuting Bashir, the ICC will complicate matters for U.N. peacekeepers in Darfur, most of whom are from neighboring countries on the continent. Bashir attempts to stall...

Author: /time Magazine | Title: Indicted over Darfur, Sudan's President Feints and Punches Back | 10/21/2008 | See Source »

...Studies—and this coming week’s discussion on women’s issues in the upcoming presidential election—sponsored by the Association of Black Harvard Women, the Asian American Women’s Association, the South Asian Women’s Collective, Radcliffe Union of Students, and the Harvard College Women’s Center—prove that student groups without explicitly political missions are willing to and capable of engaging in provocative political discourse. Of course, political groups on campus have done their share of rallying excitement as well. In a political...

Author: By The Crimson Staff | Title: Young and Apathetic No More | 10/20/2008 | See Source »

Waxing somewhat Aristotelian, General and 34th President of the United States Dwight D. Eisenhower observed in his first State of the Union address: “There is, in world affairs, a steady course to be followed between an assertion of strength that is truculent and a confession of helplessness that is cowardly...

Author: By James M. Larkin | Title: We’re Talking About Practice | 10/19/2008 | See Source »

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