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...Sarkozy emphasized economic development and cooperation as the key to cementing the peace, reiterating an earlier proposal that the DRC, Rwanda, Uganda and Burundi pursue agreements to share resources and pursue joint development of their energy, transport and telecommunications infrastructure. The region's prospects for peace, Sarkozy said, would be greatly boosted by creating a "single market" similar to that of the European Union...

Author: /time Magazine | Title: Behind President Sarkozy's Africa Trip | 3/27/2009 | See Source »

...forces along the border sufficiently robust - precisely so they'll be the first line of defense for the U.S., just as it's equally important that U.S. border police be better able to stop the flow of illegal weapons into Mexico. The U.S. also needs to be able to share more information with Mexico - like intelligence about [U.S.-based] gangs like Barrio Azteca, whose members are used by the Mexican drug cartels to commit so much of the violence here. (See pictures of Mexico's drug wars...

Author: /time Magazine | Title: Juarez: Running the Most Dangerous City in the Americas | 3/27/2009 | See Source »

...gambling (and winning!) and thinking magically. From 1980 to 2007, the median price of a new American home quadrupled. The Dow Jones industrial average climbed from 803 in the summer of 1982 to 14,165 in the fall of 2007. From the beginning of the '80s through 2007, the share of disposable income that each household spent servicing its mortgage and consumer debt increased 35%. Back in 1982, the average household saved 11% of its disposable income. By 2007 that number was less than 1%. (See TIME's top 25 people to blame for the financial crisis...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...ecology of business and employment at the high end has already been transformed by the Wall Street crash. The end of the boom in the financial industry means that careers manipulating money will no longer be so seductive to such a disproportionate share of our best and brightest. Among the 2007 graduates of Harvard College who went straight to work, half the kids heading to banks and consultancies said that if money weren't an issue, they'd be embarking on different career paths, and the 20% of the class that went to work in public service, politics, the arts...

Author: /time Magazine | Title: The End of Excess: Is This Crisis Good for America? | 3/26/2009 | See Source »

...with President Obama's media strategy. He's too somber. Also, he laughs too much. He needs to get out and communicate more. And he's doing too much TV. He's overly professorial. And too fluffy. He needs to be a calm, grownup voice. And he needs to share taxpayers' rage. But, you know - calm their rage...

Author: /time Magazine | Title: Obamathon: Is the President Overexposed? | 3/26/2009 | See Source »

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