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...Last Thursday, the Zimbabwean exchange reopened with a massive sell-off. It remains to be seen whether the new government can restart Zimbabwe's economy, but the effects of its efforts are being felt among Harare's stockbrokers. The 25-min. workweek may finally be over...
...After a new administration aligned with the yellow-wearing royalists came to power in December, the new opposition began staging its crimson protests. Local pundits kid that P.M. Abhisit is being deluged by a Red Sea. The joke among journalists who try to maintain their reportorial objectivity is that orange, a mix of yellow and red, may be the best color to wear when reporting on Thai politics...
...mutiny began at around 8 a.m. on Wednesday during a meeting between the officers and lower-ranking jawans (soldiers) at BDR headquarters at Pilkhana. They gathered to protest low wages, among other grievances, and the meeting grew increasingly heated as some of the rank-and-file soldiers accused their superiors of failing to bring their long-standing demands to the government. The jawans started firing at the guards and soon took full control of the headquarters. "Nearly 50 people have been killed in sporadic fighting," Mohammad Quamrul Islam, State Minister for Law and Parliamentary Affairs, said on Wednesday. But after...
...recent events have caused concern among Pakistan's Western allies, who hope to see a tougher government crackdown on militancy - and, at least in Swat, have emboldened the militants, who believe they have prevailed over the government's effort to militarily dislodge them...
...anger fueling this mutiny is a sign of just how deep the army's power had extended under that government, which stepped down after the 2008 elections. But in order to fulfill any of her ambitious campaign promises - to stabilize the economy, quell jihadist activity and fight corruption, among others - the Prime Minister needs the cooperation, if not the support, of the army. And so her handling of this crisis will be a crucial test of her ability to balance the frustrations of Bangladeshis who are chafing under a powerful military with her own political imperative to maintain good relations...