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...minute he was being hailed as a friend in the fight against terrorism, a defender of democracy; the next, he was being attacked as a dictator who could tear a nation apart. Pakistan's President Pervez Musharraf was in London today, reassuring British Prime Minster Gordon Brown that his home country's parliamentary elections next month would be free and fair. But at a press conference an hour later, Imran Khan, ex-cricket legend and head of opposition party Pakistan Tehreek-e-Insaf, warned that if Musharraf's party wins the majority on February 18, the world will witness protests...

Author: /time Magazine | Title: Pakistan's Politicians Come to London | 1/28/2008 | See Source »

...themselves for what they are likely to face during the coming days: A bruising reckoning with top government officials. Bank of France governor Christian Noyer has been summoned to appear at a Wednesday crisis hearing in the Senate. And officials for President Nicolas Sarkozy were quoted in French and British newspapers saying that the French leader was enraged that Société Générale executives had waited at least three days before telling him that they'd uncovered the giant fraud. Sarkozy had good reason for unhappiness. When the scandal broke late on Wednesday night...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

...jail? Those answers might have to wait for Kerviel's trial. Or perhaps for another movie along the lines of the 1999 film Rogue Trader, which portrayed Leeson's extraordinary operation. And should you wish to try and make some money yourself, Leeson has been quoted by one British bookie at odds of 50-1 to play Kerviel...

Author: /time Magazine | Title: Behind the Trader's Market Chaos | 1/27/2008 | See Source »

...Faeza is more than a statistic to me. I first met her and Khattab in May 2003 at their house in Baghdad, just weeks after U.S. soldiers had swept into the capital. Her British-educated husband Omar worked for TIME as an office manager and translator, and he brought me to meet his family. Faeza, a computer engineer, had never been drawn to housework. Before the war, when she wasn't programming computers at the Baghdad airport, she was swimming laps at the élite Hunting Club. Life wasn't always good in Saddam's Iraq, but for Faeza...

Author: /time Magazine | Title: When Iraqis Come to America | 1/24/2008 | See Source »

...Kenya are not a natural consequence of poverty. Kenyans have been poor but peaceful for decades. Rather, the protests are the language of the weak against a regime that rigged itself into power. Second, tribalism is not the brainchild of Kenya's first President; it started with the imperial British driving wedges between people to facilitate colonization. It was later perfected by myopic postcolonial leaders. And developed countries like the U.S. are not half as enthusiastic about a stable democratic Africa as they are about forging partnerships against terrorism and for their multinational corporations. Rich nations are very much...

Author: /time Magazine | Title: Inbox | 1/24/2008 | See Source »

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