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...Strategically, the move made sense for Porsche. VW is Porsche's most important parts supplier. The European Union was keen to strip voting restrictions on VW shares that protected it from a hostile takeover. And Porsche saw itself as a white knight, coming in to shield VW from any potential raider. (See pictures of American muscle cars in the movies...

Author: /time Magazine | Title: Porsche and VW Agree to a Merger | 5/7/2009 | See Source »

Pakistan's President, Asif Ali Zardari, arrives at the White House on Wednesday as one of his country's walking wounded. Amid rising violence and turmoil, his popularity among his own people has hit rock bottom; political allies and rivals alike smell blood in the water; the country's military barely pretends to follow his instructions; the Taliban controls large swaths of his country's territory; and militant groups want his head - literally. So, can Pakistan's President expect some TLC in Washington? From the White House, perhaps, but Capitol Hill has little love left for Zardari...

Author: /time Magazine | Title: Zardari in Washington: Hard Questions for Pakistan's Leader | 5/6/2009 | See Source »

...Senior Administration officials briefing journalists on condition of anonymity at the White House hastened to add that, despite recent U.S. overtures to Zardari's chief political rival, opposition leader Nawaz Sharif, there was no question of changing horses midstream. "We are not abandoning or ... distancing ourselves from Zardari," an official said...

Author: /time Magazine | Title: Zardari in Washington: Hard Questions for Pakistan's Leader | 5/6/2009 | See Source »

...Zardari on Tuesday met privately with some members of the committee and tried to reassure them that he is on top of things in Islamabad and a worthy recipient of further U.S. largesse. On Wednesday and Thursday, he will take that message to the White House. Zardari will meet twice with Obama, in a one-on-one session and a tripartite meeting with Karzai...

Author: /time Magazine | Title: Zardari in Washington: Hard Questions for Pakistan's Leader | 5/6/2009 | See Source »

...Trade Minister Stockwell Day said the decision "was based on people's feelings rather than hard facts," noting that Canada went to great lengths to ensure a humane, well-regulated and sustainable cull, and that it no longer allows the clubbing of baby seals while they still have their white coats. (See pictures of Canada...

Author: /time Magazine | Title: Canada Battles the E.U. Over Baby Seals | 5/6/2009 | See Source »

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