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...posthumous awards. Each year, the Nobel committees distribute nomination forms to an undisclosed number of recipients - past winners, prominent institutions, respected members of the field - who are allowed to choose as many nominees as they want. Self-nomination is not permitted. The winner is decided by a simple majority vote...

Author: /time Magazine | Title: The Nobel Prize | 12/11/2008 | See Source »

...After the vote, the House adjourned, with aides saying that House members will return next week if the Senate can come to an agreement. But such an accord will not come easy. In fact, the House bill was pronounced DOA in the Senate six hours before the House even voted on it. Senate Republicans are balking at a deal they claim does not go far enough in demanding that General Motors, Ford and Chrysler prove they have viable long-term business plans before qualifying for a second round of loans in March. All told, the Big Three have asked...

Author: /time Magazine | Title: Another Bailout Blowout? Why the Auto Deal May Crash | 12/11/2008 | See Source »

...host Poland, remain dependent on heavy industries and polluting power like coal. And lately, given the severe economic downturn, Europe has edged away from its leadership on climate change. On Dec. 11, even as the U.N. summit has begun to heat up, the E.U. will meet in Brussels to vote on its ambitious 20-20-20 plan, which aims to reduce greenhouse gases continent-wide 20% by 2020, while increasing renewable power 20% and reducing overall energy consumption 20%. Many Western European nations like France, which is currently the head of the E.U., favor the measure, but newer, poorer countries...

Author: /time Magazine | Title: What to Expect from the UN Climate-Change Summit | 12/10/2008 | See Source »

...Detroit With an entire region depending on the automobile industry, it is almost impossible for politicians to vote against another financial bailout [Nov. 24]. There is just too much at stake. Yet this is a crucial moment for car manufacturing, and governments have to ensure that auto giants like GM are aware they have to radically change their ways. Carmakers must be obliged to commit to developing greener technology, while U.S. carmakers in general have to finally realize that the big cars they have been building for decades are no longer what people want. Sebastian Sommer, GREUSSENHEIM, GERMANY...

Author: /time Magazine | Title: What's Next for the GOP | 12/10/2008 | See Source »

...political consequences of failure for Karamanlis may be steep. Already his government was hanging on with a razor-thin majority in Parliament ahead of a crucial budget vote later this month...

Author: /time Magazine | Title: Greek Riots Show No Signs of Abating | 12/9/2008 | See Source »

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