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...more sensible explanation for the panicked reaction in other markets to the tailspin in Shanghai is that it was simply an excuse to take some money off the table. The Dow Jones industrial average, for example, had recently hit all-time highs, having gone up for five straight years as American corporate profits soared. There hadn't been a single day in nearly four years in which U.S. stocks had fallen even 2%, an unusually long absence of volatility. Likewise, global markets from India to Singapore to Russia had been on a historic tear. Against this backdrop, China's sudden...

Author: /time Magazine | Title: Fear Factor | 3/1/2007 | See Source »

...walks of life: There ought to be a law that every major news outlet must run features like this anytime the U.S. government openly contemplates military action. If we think we know what is best for another nation, then we ought to be able to look its ordinary citizens straight in the eyes before killing them for their own good. And please spare those people speeches about how it is only their government we hate, not them. If the whole world operated by that standard, Prime Minister Tony Blair's Britain and President George W. Bush's U.S. would have...

Author: /time Magazine | Title: Letters: Mar. 12, 2007 | 3/1/2007 | See Source »

...neccesary to use an illustration straight out of the Know-Nothingism of 1850s propaganda? I recognize that many priests have not honored their vows, and they are the ones who make the news. On the other hand, there are thousands who tend the sick, educate the poor and give of themselves to make people like me proud to be a member of the Catholic faith. This nation has accomplished a great deal in building tolerance among people of all religions, races and ethnicities. Let's not destroy those accomplishments with the use of offensive images...

Author: /time Magazine | Title: Letters: Mar. 12, 2007 | 3/1/2007 | See Source »

...final weekend of the Ivy League season has arrived, which means it’s nearly time to coronate Penn for the third straight year...

Author: By Caleb W. Peiffer, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Ivy Season Winds Down To Familiar End | 3/1/2007 | See Source »

...from its season. Captain Lenny Collins nailed two huge threes to tie the game, then shot up an air ball on the final possession, which somehow found the hands of forward Jason Hartford, who put in the open layup for the win. That loss was the first of eight straight for Harvard...

Author: By Caleb W. Peiffer, CRIMSON STAFF WRITER | Title: AROUND THE IVIES: Ivy Season Winds Down To Familiar End | 3/1/2007 | See Source »

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