Monday, March 30, 2009

TIME Daily News 24/7

Today's Top Stories

Will Wagoner's Exit Put GM on the Road to Recovery?

By MICHAEL SCHERER / WASHINGTON

Rick Wagoner is the first high-level casualty in what is sure to be a painful and perilous restructuring process for GM, a fallen corporate giant whose name was once synonymous with American industry

In California's Medical Marijuana Truce, a Troubling Gray Legal Area

By ALISON STATEMAN / LOS ANGELES

While the state and the feds may now agree on enforcement, what happens to pending trials and convictions in cases that, today, would no longer be pursued?

Security Forces Retake Attacked Academy in Pakistan

By AP / BABAR DOGAR

A government official says Pakistani security forces have overpowered militants who attacked a police academy, arresting six

How to Dodge the Draft in Russia

By MARINA KAMENEV / MOSCOW

On April 1, Moscow begins its biggest peacetime conscription program, looking for 305,000 men to serve in its military. It may have trouble meeting the quota

Why Berlin Says U.S. "Bad Bank" Plan is Bad

By WILLIAM BOSTON / BERLIN

The government has so far resisted moves to take similar steps, but the pressure for action is increasing

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TIME Blogs

Swampland

By Michael Scherer

A White House official emails, "I can confirm that General Motor's CEO Rick Wagoner was asked to and agreed to step down."

Special Package

The G-20 Summit

At the G-20 summit, world leaders need to stop the global economy going over the edge

Quotes of the Day

"God willing, now we will get into the building."
MUSHTAQ SUKHERA,
Pakistani police official, as units surrounded a police academy in eastern Pakistan in a siege against an armed group. Security forces said they've now retaken control of the academy
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Postcard from...

Hanoi

Vietnamese Fight Back Against Cop Corruption

By Martha Ann Overland / Hanoi

As the economic downturn squeezes Vietnam's once-fierce economy, more and more Vietnamese have had it with police shakedowns for cash, and are fighting back

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