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...expletive-laden rant Treasury Secretary Tim Geithner unleashed during a closed meeting with regulators on Friday, July 31, has players in Washington and on Wall Street wondering one thing: What got the usually mild-mannered Geithner so incensed? Establishing a new regulatory framework for the financial markets is not the kind of politically charged, life-or-death issue that should drive a normally discreet Cabinet member to go on a blue streak in front of dozens of officials. But Geithner and the Obama Administration have more at stake in getting reform pushed through Congress by the end of the year...

Author: /time Magazine | Title: Geithner vs. the Regulators: A Time for Swearing | 8/6/2009 | See Source »

...mission does more than resolve one difficult problem (among many) between the U.S. and North Korea. It also reminds his hosts that there used to be better days between the two countries. In 1994, during Clinton's first term in office, the two sides entered into the Agreed Framework, the first time Pyongyang agreed to abandon its nuclear-weapons program in return for a range of economic benefits, including the construction of two light water nuclear reactors to generate electricity for the impoverished country. In fact, it was pursuit of that agreement that set the precedent for Clinton's current...

Author: /time Magazine | Title: Freed U.S. Journalists Arrive Home | 8/5/2009 | See Source »

...bomb (the first test was in October 2006) as well as a long-range missile and has said it has no intention of ever rejoining the so-called six-party talks - the Bush Administration's ultimately futile attempt to get the North to, in effect, re-enact the Agreed Framework of the Clinton era. (See pictures of the rise of Kim Jong...

Author: /time Magazine | Title: Freed U.S. Journalists Arrive Home | 8/5/2009 | See Source »

MUMBAI, India — As the Copenhagen Conference approaches in December, the Obama Administration is aggressively trying to lay the framework for an international agreement to combat climate change through global diplomacy. Hillary Clinton’s visit to India a few weeks ago shows the challenge of constructing an effective agreement. While she emphasized the importance of protecting the environment, India flatly stated its opposition to accepting any form of binding emissions cuts. As a developing nation that has played a very small part in producing the climate mess that the world now faces, India?...

Author: By Ravi N. Mulani | Title: Forging a Global Climate Deal | 8/4/2009 | See Source »

...large number of original sketches, films, and paintings supplement the primary focus of the exhibition: Calder’s wire sculptures, described as “drawings in space.” The industrial aesthetic of Calder’s visual gymnastics even seems unintentionally to compliment the exposed framework of Renzo Piano and Richard Rogers’s architecture at the Centre Pompidou...

Author: By Lee ann W. Custer | Title: Thinking in Wire | 7/31/2009 | See Source »

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