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...former European Commissioner for External Relations is an unashamed liberal internationalist, happy to call antiglobalization activists hypocrites. But he also recognizes the severe damage American adventurism has done to Washington's image over the past few years and warns against exaggerating the impact of globalization on billions of poor people. The world, he says, is not "entirely flat...

Author: /time Magazine | Title: The Future Is Now | 10/8/2008 | See Source »

...perfect as a nation. But together, we represent a perfect ideal. And that is democracy and tolerance and freedom and equal rights.” So, yes, she understands that a bitter incongruity exists between American ideals and American realities—that, oftentimes, the poor are rendered mute and immobile under the drone of helicopters and the careerist caution of legislators.But still I wonder. Since that debate, Palin has gone on the attack. For example, though Obama calls America “the greatest country in the world” so often you wonder if there?...

Author: By James M. Larkin | Title: Exception to the Rule | 10/8/2008 | See Source »

...climate crisis to sub-prime mortgages, and the Wall Street bailout to the Iraq War. Ananda L. Tan, a member of RAN and the spokesperson for the event, said the protestors’ goal was to “build awareness that large banks are endangering the public, predominantly poor communities and communities of color, with their reckless financial behavior.” According to pamphlets distributed by RAN at the protest, Bank of America’s recent claims of new environmental initiatives are at odds with their track record. RAN reports that the company commits less that...

Author: By Wendy H. Chang, CONTRIBUTING WRITER | Title: Protesters Blame Bank of America for Crisis | 10/8/2008 | See Source »

...common in fashionable urban spots like Nehru Place to hear people airing concerns about the growing distance between India's very rich and very poor. But Iyer is doing something about it. He is one of over 55,000 volunteers from India's five biggest cities who have signed up for Teach India, an initiative backed by the Times of India and the UN Volunteers working to spread literacy, and more importantly, quality education. In the first leg of the program - the biggest of its kind in India and possibly the world - 3,000 volunteers have already started teaching...

Author: /time Magazine | Title: India's Grass-Roots Teachers | 10/8/2008 | See Source »

...That's not good news for Sotheby's. Following the poor sales, the auction house's shares fell 14% on Oct. 6, hitting a three-year low. (Sotheby's was not available for comment.) Nor does it bode well for the regional art market: the Hong Kong auction was its first gauge after the worldwide financial crisis hit last month. "Due to uncertainty in the markets, investors are making selective choices as to where to spend their money," says Shirley Ben Bashat, director of the Opera Gallery Hong Kong...

Author: /time Magazine | Title: Will Crashing Markets Bring Chinese Art Back Down to Earth? | 10/8/2008 | See Source »

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