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Prime Minister Silvio Berlusconi's center-right coalition made unforeseen gains in the March 28 regional elections, taking four districts from the opposition--including Lazio, which contains Rome--for a total of six of the 13 contested regions. Berlusconi viewed the results of the election, which was considered a test...

Author: /time Magazine | Title: The World | 4/12/2010 | See Source »

On March 31, Serbia apologized for its role in the 1995 massacre of 8,000 Bosnian Muslims in Srebrenica. While the measure expressed sympathy for the victims of Europe's worst atrocity since 1945, it stopped short of using the word genocide. Serbia, which has applied for E.U. membership, must...

Author: /time Magazine | Title: The World | 4/12/2010 | See Source »

Lowenstein is terrific at walking the reader through complex economic events, and he artfully traces the development of the subprime-mortgage disaster. It sounds like a lofty ideal when Angelo Mozilo, a co-founder of Countrywide, says in a speech in 2003, "Expanding the American dream of homeownership must continue...

Author: /time Magazine | Title: Business Books | 4/12/2010 | See Source »

"It was not free labor," Grant Harris says of the 16-week internship he completed this winter with A Tailored Suit, which makes custom clothing for men. The 26-year-old, who lives in Leesburg, Va., and has an MBA, spent about 10 hours a week doing tasks like writing...

Author: /time Magazine | Title: Working for Free: The Boom in Adult Interns | 4/12/2010 | See Source »

The perceived value of that kind of experience helps explain why there's little organized resistance to unpaid internships in the U.S. These jobs have become such a widely acknowledged stepping stone to employment that in late March, the Economic Policy Institute, a progressive think tank in Washington, proposed the...

Author: /time Magazine | Title: Working for Free: The Boom in Adult Interns | 4/12/2010 | See Source »

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