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...debt, would be able to borrow at interest rates of about 5%, significantly lower than commercial market rates, which have been higher than 7%. The International Monetary Fund is expected to offer an additional $20 billion. Greece did not immediately accept the E.U.'s overture, saying it would wait to see if the pledge alone was enough to lower interest rates. Greek leaders also hope to continue to raise money by borrowing from capital markets and through austerity measures...

Author: /time Magazine | Title: The World | 4/26/2010 | See Source »

...crowd had to wait until the very end to hear Kid Cudi perform his most popular single, “Day ‘n’ Nite...

Author: By Danielle J. Kolin and Naveen N. Srivatsa, CRIMSON STAFF WRITERS | Title: Kid Cudi Attracts Yardfest Crowds | 4/19/2010 | See Source »

Perhaps this is merely the march of progress and my lamentation will go down as a typically shortsighted protest against change, akin to doomsday predictions about the Internet, Twitter, or texting. But just wait ’til the day when you open up your Facebook to see that you are a fan of Jim’s T-shirt Company and a member of the group Nominate Me for City Council Member of (insert small town here), and you might just realize that the “face” presented by that page isn’t yours...

Author: By Adrienne Y. Lee | Title: Whose Facebook is it anyway? | 4/19/2010 | See Source »

...Rebecca Marsden, a 25-year-old cadet, says there will be no problem with that: "We can't wait to go to Afghanistan." But it's not just the Taliban that Sandhurst's alumni will have to worry about. As it prepares for a general election on May 6, Britain is having to come to terms with a grim reality: its armed forces are in a state of crisis. Soldiers are profoundly battle weary. Grim statistics tell one part of the story: 179 British soldiers killed in Iraq between 2003 and 2009; 280 lost to the conflict in Afghanistan since...

Author: /time Magazine | Title: Defense of the Realm: Britain's Armed Forces Crisis | 4/19/2010 | See Source »

...boyfriend. She briefly had plans to take a train from Vilnius to Warsaw to Paris, but scratched that when France began shutting its airports. She now has a flight booked on Sunday that will take her to Riga, Latvia, where she will wait for five hours for a flight to London that may or may not take off. "I'm not optimistic," she says. "But I can't be angry at anyone. It's nobody's fault. This is a volcano...

Author: /time Magazine | Title: Air-Travel Chaos Spreads as Volcano Ash Lingers | 4/16/2010 | See Source »

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