Zakaria Suspended from Time and CNN

Accused of plagiarism in a recent article.

NEW YORK—Time editor-at-large and CNN host Fareed Zakaria has been suspended by both the magazine and the network for lifting several paragraphs by another writer for his use in a recent Time column.

Zakaria apologized Friday, declaring in a statement he made "a terrible mistake," adding, "It is a serious lapse and one that is entirely my fault."

In a separate statement, Time spokesman Ali Zelenko said the magazine accepts Zakaria's apology, but would suspend his column for one month, "pending further review."