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Since the start of the year, the 16 European nations that make up the euro zone have watched their currency plunge to an eight-month low as a result of sovereign-debt panic. Greece, which is perhaps the weakest link in the European Union, was first to hit the wall on news that its deficit has ballooned to nearly 13% of GDP. Then last week, worry about debt default spread from Greece to Spain, Portugal and Ireland, where spending is similarly out of control. (See the best business deals...

Author: /time Magazine | Title: The Carry Trade: Betting on Bad Currencies | 2/11/2010 | See Source »

...understand the legislation, some say. They don’t realize what’s good for them, others argue. They are misinformed, they are the product of Fox News, they have a terrible misreading of history. President Obama even intimated as much in his State of the Union, claiming that it was not his agenda but rather his failure to explain it to a misinformed populace that caused the congressional logjam...

Author: By Mark A. Isaacson | Title: My Country ’Tis of Tea | 2/11/2010 | See Source »

Events around campus have begun to get hot and heavy after the Yale Pundits interrupted a Yale Political Union Debate entitled “Resolved: Reject Hookup Culture" by hooking up...everywhere...

Author: By George T. Fournier, CONTRIBUTING WRITER | Title: Who Knew Bulldogs Were Such Horndogs? | 2/11/2010 | See Source »

...ignored the counsel of Texas election experts, according to Kronberg, opting to follow outsider campaign advice and tried to cast herself to the right of Perry. "You are never going to get to the right of Perry," Kronberg says. While Hutchison has a high conservative ranking - the American Conservative Union gives her a 90% lifetime rating - she is labeled a moderate on issues like abortion and stem-cell research. Unlike Perry, whose secessionist talk made news, Hutchison eschews red-meat rhetoric and favors prim suits and soft-toned speech...

Author: /time Magazine | Title: The Texas GOP Governor's Race: Three's a Crowd | 2/11/2010 | See Source »

...release the 54-year-old scholar. "Mr. Liu has peacefully worked for the establishment of political openness and accountability in China," Huntsman said in a written statement. "Persecution of individuals for the peaceful expression of political views is inconsistent with internationally recognized norms of human rights." The European Union's delegation in China said Liu's conviction was "entirely incompatible with his right to freedom of expression" - one of the rights officially promised in the framework of the People's Republic...

Author: /time Magazine | Title: China's Crackdown on Dissidents Continues | 2/11/2010 | See Source »

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