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...Gaza and has taken the lead in European efforts to deflate the gas war between Russia and Ukraine. Germany is not worried about going without heat - its gas reserves cover about 25% of its annual gas consumption - but when gas deliveries to Germany abruptly stopped this week, Merkel went into action to try to keep the political conflict between Russia and Ukraine from escalating and to ensure the long-term security of gas supplies. She called Russian Prime Minister Vladimir Putin and his Ukranian counterpart Yulia Tymoshenko on Wednesday, persuading them to allow European experts to help resolve the conflict...

Author: /time Magazine | Title: Merkel Moves to Heat Up German Economy | 1/8/2009 | See Source »

...Vegas to promote Angels and Demons, the Sony film in which he stars and that is slated for a spring release. No. "I'm here simply because of Betamax regret," he said, referring to the losing video format that Sony infamously backed in the 1970s. "I went VHS - what a fool I was! What a different world this would have been if I had been one of the 600 people who bought Betamax!" (See TIME's Best Inventions...

Author: /time Magazine | Title: The Consumer Electronics Show: Tom Hanks, 3-D TVs | 1/8/2009 | See Source »

...into the economy must first be taken out of it. Add in collection costs and the usual political malfeasance, and we have a net loss to the economy. There's more: Kinsley argues that last summer's high oil prices were essentially a tax on consumers; the money just went to oil companies instead of the government. But he forgets that oil companies do not have control over their prices. If they did, then why would oil prices ever drop? Kinsley's logic does not follow. Ryan Young and Drew Tidwell, Competitive Enterprise Institute, Washington...

Author: /time Magazine | Title: Inbox | 1/8/2009 | See Source »

...Green finally got its chance against the Harvard defense when sophomore Kate Buesser went to the penalty box on a hooking charge...

Author: By Loren Amor, CRIMSON STAFF WRITER | Title: Harvard Surrenders Game, First Place to Dartmouth | 1/7/2009 | See Source »

...That one semester proved to be worthwhile for Banaji. Initially attracted to Nizam College for its co-educational system and proximity to the largest cricket stadium in Hyderabad, Banaji says she found the cosmopolitan social and academic environment a liberating experience. Her ambition of becoming a secretary aborted, she went on to pursue an M.Phil/Ph.D. in general psychology at Jawaharlal Nehru University in New Delhi...

Author: By Weiqi Zhang, CRIMSON STAFF WRITER | Title: A Chance Road to Harvard | 1/7/2009 | See Source »

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