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...moribund prime ministership. Since taking over from the hapless administration of Shinzo Abe in September 2007, Fukuda's team has managed to look even more inept and out of touch than Abe's on issues ranging from Japan's faltering economy to the appointment of a new central-bank governor. Initiatives by Fukuda's Liberal Democratic Party (LDP) have been bottled up in parliament by resurgent opposition politicians. Recent polls have put Fukuda's public approval rating at about 25% - lower than Abe's before he resigned after less than a year in office. "When [Fukuda's] approval breaks below...

Author: /time Magazine | Title: Fukuda's Last Stand | 5/1/2008 | See Source »

Emergency Food Assistance: The program, which pays to stock the country's emergency food banks and pantries - such as the Food Bank for New York City or America's Second Harvest - could get up to $250 million in annual funding, up from $140 million a year. Advocates for low-income Americans say the bump is a response to demand: more and more people are depending on nonprofit distribution centers for food in today's sluggish economy...

Author: /time Magazine | Title: Will Farm Bill Lower Grocery Tabs? | 4/30/2008 | See Source »

Amid the tide of red ink flowing from many of the world's largest banks these days, big profits seem out of fashion. On Tuesday alone, Deutsche Bank announced its first quarterly loss in five years, while HBOS, the U.K.'s biggest mortgage lender, said it would replenish its depleted coffers with an $8 billion share sale. Both firms announced billions of dollars of fresh write-downs...

Author: /time Magazine | Title: BP and Shell Downplay Record Profits | 4/29/2008 | See Source »

...film’s glorification of violence. “Bonnie and Clyde” was not the first film to depict violence, but it was among the first film to celebrate it. The film’s final scene, in which the famous pair of Depression-era bank robbers die in a hail of bullets, is balletically graceful but horrifyingly brutal. According to Benton, it wasn’t until Newsweek’s Joe Morgenstern retracted his original review, which had called the film “a squalid shoot...

Author: By Jillian J. Goodman, CRIMSON STAFF WRITER | Title: Benton on Books, Beatty, and Bond | 4/25/2008 | See Source »

...Thomas W. Ward, who served as Harvard’s Treasurer from 1830 to 1842, supervised American operations for the British merchant bank Baring Brothers and Company, whose cotton and sugar operations profited from slave labor...

Author: By Alexandra perloff-giles, CRIMSON STAFF WRITER | Title: Seminar Studies Slave Ties | 4/24/2008 | See Source »

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