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Critics argue that if U.S. car makers have stopped making the vehicles people want to drive, it might not be such a bad thing to force GM to reinvent itself under Chapter 11 bankruptcy protection. However the wider, short-run repercussion might be too much to bear for the North American industry. "There's a real fear if one of the Detroit Three fails it will threaten the future of the others on both sides of the border," says Jayson Myers, president of Canadian Manufacturers & Exporters, the country's largest trade and industry association. Says Buckley...

Author: /time Magazine | Title: Canada Faces Its Own Auto Industry Pains | 11/17/2008 | See Source »

...million home-equity loan on a $100,000 house. When the market turned skittish after the Russian default, the fund had to rapidly unwind illiquid positions, sustaining huge losses in the process. Only a bailout brokered by the Federal Reserve Bank of New York staved off a wider collapse of the U.S. financial system...

Author: /time Magazine | Title: Pruning Season | 11/13/2008 | See Source »

...putting Syria - which has no publicly declared civilian nuclear program - on the formal agenda for its year-end meeting in late November. Diplomats at the IAEA say the Syrian government, which denies that it was trying to build nuclear weapons, has balked at the agency's requests for wider inspections...

Author: /time Magazine | Title: Was the U.S. Right About Syria Nukes? | 11/11/2008 | See Source »

...Netanyahu, a hawk with a track record of going around a U.S. President to appeal to pro-Israel sentiment in Congress when he didn't like what he was hearing from the Clinton Administration. Conversely, an expectation that the U.S. is looking to ease its security burdens in the wider region may prompt Israeli leaders to renew peace efforts, as they did in the period that saw the Cold War end and the U.S. seek broad Arab support for the Gulf...

Author: /time Magazine | Title: How Obama's Win Will Affect Middle East Elections | 11/10/2008 | See Source »

...acoustic guitar’s fresh young face gave way to a late-70s foray into that of the “singer-songwriter,” though to little success. The 80s brought a more experimental flavor to Kottke’s music, as he incorporated an even wider variety of sounds into his acoustic tableau. In the early 1980s, after sustaining chronic injuries to his hands due to an aggressive playing style and taking a brief hiatus, Kottke reinvented his technique and returned to the guitar. Since then, his two most high-profile recordings have been collaborations with...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Rediscovering the Lasting Appeal of American Primitive Music | 11/7/2008 | See Source »

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