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...idea, easily doable - plus a major initiative to update and smarten the nation's aging, overworked electrical grid. That last item is a necessity, if the country has any hope of scaling up alternatives. A report published Nov. 10 by the North American Electric Reliability Corporation found that without drastic investment in a better grid, scaling up intermittent renewables like wind and solar could lead to frequent blackouts. And there's no better way to turn people off of renewable energy than to periodically plunge them into TV-less darkness...

Author: /time Magazine | Title: Is Obama's Energy Plan Enough? | 11/22/2008 | See Source »

...Such drastic belt-tightening could trigger protests and political opposition; ruling parties will find winning re-election a lot harder. Since the end of communism, the region has introduced some of the world's most business-friendly policies, including, in Estonia, axing corporate taxes. Such policies are unlikely to disappear immediately. "If anything, we will strengthen them, to improve education and encourage innovation," says Juhan Parts, Estonia's Minister of Economic Affairs and Communications. Whether he feels that way several months from now will depend on just how low Estonia and its neighbors sink. - With reporting by Adam Smith/London

Author: /time Magazine | Title: The Baltic Mourning After | 11/6/2008 | See Source »

...Guido Antonini Wilson, a Key Biscayne resident who collaborated with the FBI to secure the conviction of his former associate Frank Duran in Miami yesterday, of "being paid to say what he says." But that's unlikely to help soften the latest blow to a government reeling from a drastic fall in public approval ratings, and a loss of confidence in Argentina's peso...

Author: /time Magazine | Title: More Woes for Argentina's 'New Evita' | 11/4/2008 | See Source »

...Apart from the embarassing revelations in the Miami courtroom, Argentina's lengthy economic bonanza seems to have been abruptly ended not by the recent worldwide financial meltown but by a series of drastic economic initiatives apparently micromanaged by Kirchner, who now serves as president of the Peronist Justicialista Party, the dominant political force in the country...

Author: /time Magazine | Title: More Woes for Argentina's 'New Evita' | 11/4/2008 | See Source »

...winners get a $1,000 gift card, a limo ride and early admittance at 4:30 a.m. to the Black Friday deals. The electronics dealer will provide hot chocolate and outside movie screens showing holiday films to tired customers who wait in overnight lines. And in a drastic move to steal market share from competitors, Kohl's is rolling out 46 new stores just as the holiday shopping season ramps...

Author: /time Magazine | Title: Can Retailers Get Consumers into the Christmas Spirit? | 11/1/2008 | See Source »

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