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When you're staring at a $250 billion budget deficit for the year, a fresh tax or two can come in handy. And if unpopular banks are the targets, better still. Few of Britain's voters will quibble with Alistair Darling's call Wednesday, March 24, for a global tax on banks to help recover the billions in public funds doled out during the crisis. "We intend to get all taxpayers' money back," the Chancellor of the Exchequer said during his budget speech to Parliament, his last before a general election expected in May. Charging banks to help do that...

Author: /time Magazine | Title: In Europe, a Tax on Banks Gains Momentum | 3/26/2010 | See Source »

Evaluation Day: Wednesday...

Author: By Derrick Asiedu, CRIMSON STAFF WRITER | Title: The Most Important Meal Of The Day: FlyBy Does Brain Break | 3/26/2010 | See Source »

...been a crowd-pleaser at AIPAC, and they went unchallenged on Capitol Hill. Still, as far as the U.S. government and the rest of the international community is concerned, Israeli construction in East Jerusalem is settlement activity. Whereas U.S. Presidents typically use words like unhelpful to describe it, on Wednesday the mild-mannered U.N. Secretary-General Ban Ki-Moon was more forthright, denouncing the new housing units planned by Israel in East Jerusalem as "illegal." Israel's claims on the parts of the city it captured in 1967 are not internationally recognized, and Netanyahu's claim that Jerusalem is Israel...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

...hour and a half before holding a second half-hour meeting with the President at the Israelis' request. But even that failed to bridge the gap between the two sides over what would constitute an acceptable approach to restarting the peace process, and the Israeli leader remained in Washington Wednesday as aides from both sides worked on the issue. The Administration clearly fears that the hard-line position staked out by Netanyahu on Jerusalem jeopardizes any prospect of getting the Palestinians or the wider Arab world to engage with him, rendering any renewed peace effort stillborn. As Olmert pointed...

Author: /time Magazine | Title: Netanyahu Heads Home, Still at Odds with the U.S. | 3/25/2010 | See Source »

...have to ask why they didn't print a story earlier this month on the conviction of a Jewish rabbi in Brooklyn on eight counts of sex abuse." The official also referred to a libel case against Oprah Winfrey that involved sex-abuse allegations that was settled quietly on Wednesday. "But then why the front page for this story? They are targeting the Pope. There's a bloodlust for attacking the Catholic Church. We have to look at these cases one by one. There is plenty of embarrassment to go around: district attorneys, school teachers - take your pick...

Author: /time Magazine | Title: After U.S. Abuse Revelation, the Vatican Fires Back | 3/25/2010 | See Source »

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