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...known as the "year without summer." It followed the Tambora Volcano eruption in Indonesia in 1815. It was sudden climate change on a similar scale, and it resulted in a severe famine in Europe, food riots and mass emigrations. Volcanic aerosols have a lifetime of about a year in the stratosphere. The lifetime of soot from nuclear fires is about five years. It's obviously much harder for a society to recover from such an extended cooling...

Author: /time Magazine | Title: Regional Nuclear War and the Environment | 1/22/2009 | See Source »

...wrapped on Inauguration Day. One minute he is the Leader of the Free World; the next, he's history. "What a great change can come to a man in a matter of moments," the departing Harry Truman told a friend after Dwight Eisenhower's swearing in. Adjusting to a sudden power outage can be a remarkable challenge. Eisenhower had to be taught how to dial the phone. Calvin Coolidge was frustrated that people didn't always realize he was no longer God. "People seem to think the presidential machinery should keep on running," he commented, "even after the power...

Author: /time Magazine | Title: Is There a Second Act for George W. Bush? | 1/21/2009 | See Source »

...Fiat, on the other hand, the sudden infusion of cash and the new chief executive's plans for streamlining management helped the Turin company begin a notable turnaround after its decade-long crisis and raised Marchionne to near mythical status in carmaking circles. Tuesday's joint statement notes that "Fiat would provide management services supporting Chrysler's submission of a viability plan to the U.S. Treasury as required. Fiat has been very successful in executing its own restructuring over the past several years...

Author: /time Magazine | Title: Fiat to Take 35% Stake in Chrysler | 1/20/2009 | See Source »

...deterrent. "People who joined the workforce from roughly 2004 onwards assumed everything would only go up," he says. "They saw real estate, stocks, salaries going up, and forgot that there's something called a business cycle. These youngsters, in their early- to mid-20s, are shocked at the sudden change...

Author: /time Magazine | Title: India Tries to Save Jobs After Satyam Scandal | 1/20/2009 | See Source »

...couple of miles beyond the gas station at the Chadds Ford crossroads. But if he does not first learn his own small world to the last detail, how will he abstract the vibrancy and vitality from it, how will he record the unexpected, the out-of-kilter, the sudden clap of distant thunder? So he has chosen to follow the advice of Poet-Painter William Blake and see a world in a grain of sand...

Author: /time Magazine | Title: TIME Cover: Andrew Wyeth's World | 1/16/2009 | See Source »

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