Word: problem
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...recent change in accounting rules means that banks are going to have to bring those loans back on their books by the end of this year. The biggest fear is that banks will start recording losses from these loans that investors weren't expecting. There's a second problem related to shadow assets: Regulators say that banks must hold capital equal to at least 5% of their assets to be considered healthy. Citigroup, to take one example, has about $850 billion in special purpose entities. That means to reincorporate those assets by the end of this year, Citigroup will have...
...Syria-first approach to peace talks has often encountered resistance in diplomatic circles, on the grounds that the core of the Arab-Israeli conflict is the Palestinian problem. That may be true, but the counterargument might go that in the Middle East, you have to play the hand you're dealt. Despite their hawkish talk, Netanyahu and Lieberman are unlikely to resist an opportunity to conclude a peace agreement between Israel and Syria. Nor is Obama...
...legal sources and studies. Those figures indicate charges of brutality are rarely substantiated or punished. It says that of 639 inquiries of police mistreatment in 2006, a mere eight cases resulted in the accused being dismissed from the force. In 2005 - when Amnesty first sounded the alarm about the problem - 16 out of 663 investigations led to the ouster of accused cops. By contrast, there's been an explosion in cases and convictions of "outrage," an offense based on anything from a bystander protesting unjustified arrest or violent treatment of someone by police to a suspect slandering peace officers...
...problem is that Amnesty's documentation of the problem is less than complete. Though the dismissal figures of French police officers accused of brutality are remarkably low in relation to the total number of complaints, Amnesty says getting similar data from other countries is just as difficult as in France - making it impossible to compare that French record with other nations. But "even if there were comparative reports, we'd contest the conclusions drawn in this one as woefully incorrect," says Dider...
...provide active support to Taliban forces fighting in Afghanistan. "Fundamentally, the strategic approach with the ISI must change," Joint Chiefs of Staff Chairman Admiral Mike Mullen told CNN last Friday, "and [its] support ... for militants [on both its Afghanistan and India borders] has to fundamentally shift." But the problem is not confined to the ISI or elements within it. In a recent truce between the Pakistani army and local Taliban groups in the Pakistani region of Bajaur, militants recanted their hostility to Pakistani security forces but vowed to concentrate on fighting NATO forces in Afghanistan. And Pakistan has been...