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...things that cause most trouble don't change, or change slowly. It took 85 years from Churchill's condescending comments for the villages of Fermanagh and Tyrone to be subject to a government which (just about) calmed political passions to a whisper. If they are to crack the most difficult problems, Obama should remind himself, leaders need patience. They must never, never, never, give up. That was Churchill...

Author: /time Magazine | Title: The Moment: North Korea | 6/8/2009 | See Source »

...some extent, this is the inevitable cooling down of an overly intense relationship. But in economics as in love, breaking up is hard to do. Bremmer recently co-authored the book The Fat Tail, which details the political risks facing the global economy. (Major, unlikely events that are difficult to fit into statistical models are known as fat tails.) He counts the U.S. relationship with China among the fattest of fat tails. American corporations may come to see China as a rival - meaning they'll be less likely to fight congressional crackdowns on trade. The U.S. investment banks that have...

Author: /time Magazine | Title: The End of the Big Business-China Love Affair | 6/8/2009 | See Source »

...skip through the Counterfeit Museum is not about macabre trivia. In many cases, the global trade in fakes is a matter of life and death. Fake pharmaceutical drugs - their active ingredients either missing or present in insufficient volumes to be effective - are proving increasingly difficult to discern by IP investigators. "The technology used to copy holograms [on packaging] is so good now that manufacturers have to change them all the time," Gautier said. "It's difficult to stay in front." Gautier also explains that product-counterfeiting, as with legitimate industries, is frequently determined by geography, and some countries have developed...

Author: /time Magazine | Title: Knock It Off: A Thai Museum for Counterfeit Goods | 6/8/2009 | See Source »

...difficult to speak of winners in France's European parliamentary election on Sunday, given that almost 60% of French adults voted with their derrières by staying at home and avoiding the democratic process altogether. But those who did turn up rewarded two unlikely and rival contestants: the ruling party of France's unpopular President, Nicolas Sarkozy, and a union of traditionally marginal environmental parties now challenging the Socialists for leadership of the nation's leftist opposition...

Author: /time Magazine | Title: European Elections: A Blow to Brown, Boost for Merkel | 6/8/2009 | See Source »

...Angela Merkel is very popular. She's even more popular than her own party," Oskar Niedermayer, a professor of political science at Berlin's Free University, tells TIME. "Voters are confident Merkel will be able to steer Germany through difficult times. This election result is an important psychological boost...

Author: /time Magazine | Title: European Elections: A Blow to Brown, Boost for Merkel | 6/8/2009 | See Source »

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