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...Poland, eight poorer Eastern European countries quietly but firmly said the emission cutting plans were too expensive. The eight are heavily reliant on coal and argue that they have achieved "the vast majority" of the E.U.'s CO2 reductions by shutting down heavily polluting old industrial plants in the 1990s...

Author: /time Magazine | Title: Is Europe Backsliding on Climate-Change Targets? | 10/16/2008 | See Source »

...nine seats they need to grab a 60-vote, filibuster-proof majority in the Senate. At this point, the answer still seems to be probably not. But such able handicappers as Jennifer Duffy of the Cook Political Report now think the Democrats could gain as many as eight seats, which would mean they would need no more than a single GOP vote or so to prevail on any given issue. That would also give them the cushion to do the one thing that many of them have been itching to do most: kick Joe Lieberman out of their caucus...

Author: /time Magazine | Title: The Democrats Drive for 60 in the Senate | 10/16/2008 | See Source »

...kind of mystical wisdom attributed to Ronald Reagan. Call it intellectual curiosity, perhaps, or a willingness to engage with complicated ideas. This financial crisis is extremely complicated. Surely the best and the brightest can screw up, as they famously did in Vietnam. But four decades later (and after eight years of George W. Bush), maybe we can agree that on balance it would be a plus to have a President who is smart. Maybe even really, really smart...

Author: /time Magazine | Title: The Leader We Deserve | 10/16/2008 | See Source »

...road going forward is like an eight-lane highway with no access and egress signs, no directions, no lane markings, no speed limits, no police and no one knowing if they should drive on the left side or the right side of the road. You make your own rules and do your best to get to your destination. In the world of globality, you can't wait for someone else to set the rules...

Author: /time Magazine | Title: In the New World Disorder, Loads of Rivals for America | 10/16/2008 | See Source »

...contrary, the explosion of global commerce in the past several decades has underwritten prosperity not only for developed countries but for many other nations as well--notably China, India and Brazil--lending today's world economy degrees of diversity, dynamism and resilience that simply did not exist eight decades ago. The abandonment of the gold standard has opened space for countries to adjust their monetary and fiscal regimes without fear of deflation or devaluation. And a landscape populated by an array of multilateral institutions like the IMF, the World Bank and the WTO has nurtured habits of international economic cooperation...

Author: /time Magazine | Title: A Historian on the Lessons of the Depression | 10/16/2008 | See Source »

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