BELGIUM: Dictator Abdicates
King Albert of the Belgians abdicated last week as fiscal dictator of his country (TIME, July 26), a role which he has played so successfully that the Belgian franc is stabilized (TIME, Nov. 8), and a new momentary unit, the belga circulates. To signalize the definite success of his administration, King Albert's last act as "dictator," last week, was to cancel a sheaf of emergency taxes, notably the 10% tax on foreigners' hotel bills.
Most Popular »
- The Man Behind Russia's Deadly Train Blast
- Why Mistrust of Federal Spending May Mean the End of Obama's Audacity
- The Pakistani Taliban's War on Schoolchildren
- The Growing Backlash Against Overparenting
- Where Did Health Care Reform Go?
- The Toughest Diet
- World's Most Shocking Apology: Oprah to James Frey
- China vs. Disney: The Battle for Mulan
- Why Congress is Furious at the Fed
- Why the Loan-Modification Program Isn't Working
- For Churches, Beefed-Up Security Is a Mixed Blessing
- Where China Goes Next
- Is There Really a Credit Crunch?
- To Help the Kids, Parents Go Back to School
- A Brush with Gauguin
- Where's the Beef? Ghent Goes Vegetarian
- World's Most Shocking Apology: Oprah to James Frey
- Let's Bail Out the Pot Dealers!
- The Philippines' Disappearing Dissidents
- Dale Carnegie Comes to India
Top Stories on TIME.com
Quotes of the Day »
Secretary of State HILLARY CLINTON, responding to NATO pledging an additional 7,000 troops to the war in Afghanistan. Clinton also acknowledged that "our people are weary of war" and cited President Obama's pledge to begin withdrawing U.S. forces in July 2011
RSS