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India needs to find a way to boost its higher-education sector. A 2006 McKinsey study concluded that only 25% of India-trained engineers and 15% of finance and accounting professionals had the skill sets to work for multinational companies. The report highlighted the dismal quality of education in many private colleges, where the curriculum is not in sync with industry needs. And this unemployable workforce is growing: India has the world's largest pool of young people, with nearly 60% of its population under 25, according to the National Knowledge Commission, a government advisory body on higher education...

Author: /time Magazine | Title: India to Foreign Colleges: Set Up Campus Here | 7/31/2009 | See Source »

...Pardon Book The final days of the Bush White House were dominated by worries about the gasping economy, farewell interviews by senior officials and plenty of stories about Bush's dismal approval ratings as he prepared to leave town. But the "elephant in the room," as an adviser puts it, was the still unresolved case of Libby. Many in the West Wing feared that the matter threatened to rend Bush and Cheney's relationship because of the intensity of Cheney's campaign for a full and final pardon...

Author: /time Magazine | Title: Inside Bush and Cheney's Final Days | 7/24/2009 | See Source »

...Some accuse the Egyptian government, too, of claiming Sherbini's tragedy for its own purposes. The attention the government has given the case - called a "bloodbath" in the state-sponsored press - strikes many in Egypt as contrived, given Egypt's dismal track record in protecting its citizens both at home and abroad. Human-rights organizations and the local press point to abuses suffered by Egyptian migrant workers in the Persian Gulf states as the government seemingly turns a blind eye. "The government is also trying to hijack the campaign and trying to present itself as patriotic in defense of Egyptians...

Author: /time Magazine | Title: Tragic Symbol: Egypt's Headscarf Martyr | 7/12/2009 | See Source »

That may seem dismal to anyone waiting for a housing-market rebound, but there is also some cause for cautious optimism in the Trulia analysis, which plumbed listings from brokers, agents, third-party aggregators and multiple-listing services on July 1. Some markets that were hit early and hard in the housing bust have been seeing a declining percentage of markdowns the past few months. In late April, for instance, 33% of houses in Los Angeles had been reduced in price. In early June, that figure inched down to 32%, and in the most recent analysis, it had dropped...

Author: /time Magazine | Title: Housing Woes: Price Reductions Are Proliferating | 7/11/2009 | See Source »

...country subsists below the poverty line. Corruption still corrodes efforts to increase foreign investment and degrades daily life for everyone from pedicab drivers to entrepreneurs. On its graft-perception index that assigns the cleanest country a rank of 1, global corruption watchdog Transparency International rates Indonesia a dismal 126th out of 180 nations, worse than Nigeria and Nepal. But Yudhoyono made tackling corruption a pillar of his first term. In a country where leaders are expected to protect their own family or clan even at the expense of the state, S.B.Y. didn't stand in the way of the corruption...

Author: /time Magazine | Title: Indonesia Elections: A Win For Democracy | 7/8/2009 | See Source »

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