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The $9.4 billion loan to GM raises hopes that the company can survive the first quarter and present a complete re-organization plan by March 31. GM hasn't said yet whether it will require additional loans during this quarter - $4 billion more has been authorized - though CEO Rick Waggoner...

Author: /time Magazine | Title: The Auto Bailout Keeps Growing, and Growing | 1/14/2009 | See Source »

With the island's identity shifting so dramatically, it can be hard to know if you're getting the "real" Majorca. Even the agriturismos - farmhouses converted to rustic hotels in the 1980s - increasingly style themselves as "rural retreats," complete with spas, plasma TVs and low-fat exfoliants.

Author: /time Magazine | Title: Majorca, an Island of Calm | 1/14/2009 | See Source »

A Hamas leader speaking in Cairo, Salah Bardaweel, insists that the Islamists aren't budging from their initial demands: "We will accept nothing less than a ceasefire, the complete withdrawal of Israeli troops from Gaza, and the lifting of the [18-month long] Israeli siege on Gaza." It isn't...

Author: /time Magazine | Title: Egypt Works to Broker a Hamas-Israel Cease-Fire | 1/14/2009 | See Source »

“Overall the last administration’s response to the Israeli-Palestinian issue has been a complete failure,” Seidel said. “It has been a consistent failure, and has put the parties involved and the U.S. in a worse position.?...

Author: By Anita B. Hofschneider, CRIMSON STAFF WRITER | Title: Cambridge Council Votes on Gaza | 1/13/2009 | See Source »

While critics have charged that Israel continues to instigate the admittedly tragic violence in the region, they ignore the numerous efforts that the Israeli government has made to end the conflict. In the past decade, Israel has offered to withdraw from 97 percent of the West Bank, and has also...

Author: By Alix M. Olian | Title: Israel Gave Peace a Chance | 1/13/2009 | See Source »

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