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...take the 5 percentage points out this year, it will be the mother of all U.S. recessions," Roach says. But putting the adjustment off indefinitely isn't a great idea either. "It's just pushing the fundamental problem down the road," says Columbia University economist and Nobel laureate Joseph Stiglitz. "The problem with the U.S. is excessive consumption...

Author: /time Magazine | Title: Can the World Stop the Slide? | 1/23/2008 | See Source »

...Committee, designed to bring fresh ideas and test old ones, is part of Zapatero's bid to sustain the momentum of his government's efforts at reform. Made up of 14 world-renowned experts - including Nobel Prize-winning American economist Joseph Stiglitz; Australian anti-nuclear expert and Nobel Laureate Helen Caldicott; ex-Senior Vice-President of the World Bank, Nicolas Stern; and Maria Joao Rodrigues, an architect of the E.U.'s Lisbon Agenda - the council offered a slate of ideas that, if put into action, would position Spain on the cutting edge of international, environmental, economic and social justice policy...

Author: /time Magazine | Title: 'Council of Sages' Advises Zapatero | 1/22/2008 | See Source »

Michael and I had been together 7 1?2 years when I moved out in late 2006. We met at a bar just after Christmas 1998; I had seen Shakespeare in Love with a couple of friends, and I was feeling amorous, looking for Joseph Fiennes. Michael hit on one of my friends first, but the two didn't click, so Michael settled...

Author: /time Magazine | Title: Are Gay Relationships Different? | 1/17/2008 | See Source »

...instead of spending seven to nine billion dollars a month in Iraq, we put seven to nine billion dollars a year into this, there would be a stunning output.” Kerry said that while he is working with like-minded colleagues—notably Sen. Joseph I. Lieberman (I-Conn.) and Sen. John W. Warner (R-Va.)—to pass bills to reduce carbon emissions, the fact that no law has emerged from Congress reflects the power of interests working against the legislation. He said that there is a “powerful set of arguments?...

Author: By Natasha S. Whitney, CRIMSON STAFF WRITER | Title: Kerry Calls for Action on Climate | 1/17/2008 | See Source »

...seen. On the northern tip of another of Mombasa's deserted beaches, Masai tribesmen with glittering bracelets draped on their arms unsuccessfully tried to hawk their jewelry to the rare visitor passing by. Curio sellers bemoaned their lack of customers. "We regret that we ever had elections," says Joseph Mutie, stretched out under racks of kaleidoscopic cloths billowing in the wind. "Before the election, the season was picking up. Now even getting daily bread is difficult...

Author: /time Magazine | Title: Where Have All the Tourists Gone? | 1/16/2008 | See Source »

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