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When Alexander Lebedev, the new Russian owner of Britain's Independent newspaper, visited the offices of the rival Guardian last year, he was asked why he wanted to buy a struggling paper. The Independent sells only around 100,000 copies in the U.K. on a typical weekday, trailing London's four other quality dailies - the Daily Telegraph, Rupert Murdoch's Times of London, the Financial Times and the Guardian - and consistently loses about $15 million a year. Lebedev, whose first experience in London was as a KGB agent in the 1980s, offered a characteristically enigmatic response: "Well, either...

Author: /time Magazine | Title: Can a Former KGB Agent Save London's Independent? | 3/27/2010 | See Source »

...Following on the heels of his purchase of London's Evening Standard last year, the announcement of the Independent deal Thursday, March 25, confirms that Lebedev is indeed building a budding media empire in London. But at this stage, his plans are still something of a mystery to rivals and commentators alike. The Independent's position is so weak that carrying on with its existing strategy - offering an internationalist, liberal alternative to the right-leaning Telegraph and the more centrist Times of London - would be commercial suicide. The already small readership of the Independent is declining faster than that...

Author: /time Magazine | Title: Can a Former KGB Agent Save London's Independent? | 3/27/2010 | See Source »

...protest also focused on the conversion of full-year positions into seasonal jobs...

Author: By Sofia E. Groopman, CRIMSON STAFF WRITER | Title: Protestors Demand Fiscal Transparency | 3/26/2010 | See Source »

...bureaucratic nightmares costing millions of dollars for the necessary paperwork to retroactively apply benefits. Bunning and Coburn both make a valid point: it is hypocritical of Dems to not practice what they preach on the deficit, and this would be the fifth unpaid bill to pass thus far this year. But making the point on the backs of the most needy is probably the wrong way to go about it. Especially when it underscores Democrats' complaints about GOP obstructionism on even the most pressing of issues. "I think Americans - a majority of whom have someone in their orbit...

Author: /time Magazine | Title: Senate Republicans Want Another Benefits Filibuster? | 3/26/2010 | See Source »

...religious Shi'ite parties began to splinter, Allawi's political fortunes began to turn around. It helped, too, that his successors as Prime Minister - Ibrahim al-Jaafari and al-Maliki - were unable to deliver clean and efficient government. Allawi's party made a strong showing in last year's provincial elections, and that allowed him to unite a strong coalition of secular and Sunni parties under the Iraqi banner...

Author: /time Magazine | Title: After Win, Will Former U.S. Front Man Rule in Iraq? | 3/26/2010 | See Source »

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