Time

>>> import time

>>> from time import gmtime, strftime

get local date and time

>>> time.asctime( time.localtime(time.time()) )

'Thu Nov 27 18:25:11 2014'

>>> strftime("%Y-%m-%d %H:%M:%S")

'2014-11-27 18:28:35'

see more format options

get GMT time

>>> strftime("%Y-%m-%d %H:%M:%S", gmtime())

'2014-11-27 17:25:49'

wait / pause / break one minute (60 seconds)

time.sleep(60)

wait one hour

time.sleep(60*60)