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...high levels of long-term unemployment in America. Unlike recent recessions, the current economic crisis has been characterized by skyrocketing numbers of those out of work for three, six or more months at a time. Economists worry that the shock of the past year's financial crisis may have driven the U.S. into a period of permanently high unemployment similar to what Europe has suffered for decades...

Author: /time Magazine | Title: Unemployment Dips, but Long-Term Joblessness Remains a Concern | 8/7/2009 | See Source »

...Tbilisi over the fate of the breakaway republic and that of Abkhazia, another republic that had declared independence from Georgia following wars in the early 1990s. Hours after the attack, Russia responded with what the West condemned as a "disproportionate" use of force. Within five days, Russian forces had driven Georgian troops out of South Ossetia and into central Georgia. During the war, international human-rights groups accused Georgia of indiscriminately shelling civilian areas and Russia of allowing the ethnic cleansing of Georgian villages in South Ossetia. Though the fighting failed to topple the ailing presidency of Georgian President Mikheil...

Author: /time Magazine | Title: One Year On, Could Russia and Georgia Fight Another War? | 8/7/2009 | See Source »

...Quotes About: "Blackwater, in a lot of ways, reflects Prince's own personality: stubborn, driven, and obsessed with finding ways to make things happen." - Suzanne Simons, in her 2009 book, Master of War, detailing Prince's time at the helm of Blackwater...

Author: /time Magazine | Title: Former Blackwater CEO Erik Prince | 8/6/2009 | See Source »

...being unable to give information to Congress about Blackwater's profits: "I am not a financially-driven guy," - October 2007, in congressional testimony...

Author: /time Magazine | Title: Former Blackwater CEO Erik Prince | 8/6/2009 | See Source »

...imagination, I started to question everyone, including my own friends. Had one of them sold me out? Who could I trust? It was a path of suspicion that led unexpectedly to myself. I began to understand Rubashov in his cell, in Arthur Koestler's Darkness at Noon, a man driven by his own logic to accept and even defend the judgment of his tormentors. Maybe I deserved it, maybe I had it coming. Not yet accused, I was already guilty. I had convicted myself...

Author: /time Magazine | Title: A Reporter's Diary: Making a Tricky Exit From Iran | 8/3/2009 | See Source »

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