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...deal's outcome also leaves another basic question unanswered: What is China going to do with all of it's money, if the developed world sends signals that it doesn't really want it - at least in forms other than investments in US Treasury debt? One of the things a country with more cash than it can possibly invest at home - a description which China fits in spades - does is recycle its surpluses is through foreign direct investment. And China, in fact, has done scores of resource deals in the developing world - of late with Russia, Kazakhstan and Brazil...
...change resides in the idea of “generational responsibility,” in which individuals primarily worry about the welfare of their immediate families. Chu expressed concern that some would not invest themselves in the crusade against a crisis whose consequences will not be realized for at least another hundred years...
...young men gathered on one side of Parkway Square waving pictures of President Mahmoud Ahmadinejad and shouting slogans like "Ahmadi, you're my life! You're my future President!" Facing them - separated by a line of police and plainclothes security officials - stood a crowd of young men at least twice as large. Dressed in green to express support for the moderate challenger Mir-Hossein Mousavi, they chanted back, "Death to this government that lies to its own people!" Scenes like these are emblematic of Iran's main political divide in the run-up to its presidential elections on June...
...black. The crowd burst into chants exalting the President. Over the past four years, Ahmadinejad has cultivated an image as the leader of the downtrodden. At home, the hallmark of his presidency has been his visits to provincial towns and villages, always highlighting the plight of society's least privileged in his speeches. "We came to make a revolution from within the state," the President's aide Mehdi Kalhor tells TIME. "This was a revolution of the barefooted...
Last month, the cities of Lahore and Peshawar were rocked by massive blasts on successive days. The attack on Lahore targeted the office of the city's police chief and the regional headquarters of Pakistan's main intelligence agency, the Inter-Services Intelligence, commonly known as the ISI. At least two dozen people were killed by the blast that caused widespread damage and injured over 300. The Taliban later claimed responsibility. Hakimullah Mehsud, a deputy of notorious Taliban commander Baitullah Mehsud, warned the residents of major cities to flee before they struck again...