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...Germans ... don't want to bail out the feckless Greeks with their flagrantly inaccurate official statistics; they resent being Europe's banker of last resort; they object to the universal demand that they plug the vast holes in the Greek budget deficit in the name of 'European unity'; and for the first time in a long time they are saying it out loud." --3/8/10...

Author: /time Magazine | Title: Verbatim | 3/22/2010 | See Source »

...problems extend to the construction of the facilities. Sochi is known primarily as a sleepy beach resort on the Black Sea, not a skiing village. So not only will the Russians have to revamp much of the decaying Soviet infrastructure in the area - everything from roads to power lines - but they must also build six stadiums from scratch, along with an elaborate sports complex in the mountains outside the city. (See a TIME postcard from Sochi...

Author: /time Magazine | Title: Trouble in Sochi: Russia's Mounting Olympic Problems | 3/19/2010 | See Source »

...yellows occupied Government House, the nation's seat of power, for three months. Later they hijacked Bangkok's two airports for a week, a disaster for a tourism-dependent economy. Last year, after a yellow-supported government took office, the reds swarmed an international summit at a seaside resort, forcing the emergency airlift of foreign leaders. That was followed by a scarlet siege of Government House, a takeover that culminated in Thailand's worst political violence in nearly two decades...

Author: /time Magazine | Title: Parsing the Color Codes of Thailand | 3/18/2010 | See Source »

...even the home lender of last resort is increasingly ditching those with low scores in favor of people with better credit. In the last seven months of 2009, the most recent data available, the FHA, which doesn't make its own loans but provides insurance for lenders that do, backed just $8.3 billion in loans to borrowers with a credit score of 619 or worse. That's down from $39 billion in the same time period a year before. (See a report card on the stimulus programs...

Author: /time Magazine | Title: The Subprime-Lending Business Survives, Even Thrives | 3/11/2010 | See Source »

Internet freedom means different things to different people. Given the expansion of Internet technology, it is understandable why a state like China, with the world’s largest population of Internet users, would resort to censorship as a means to forestall the Internet’s harms...

Author: By Marion Liu | Title: A New Take on Censorship | 3/10/2010 | See Source »

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