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...beginning of Great Depression and one was in the middle of the Depression era, in 1937. And the other four were outside of that era. When you look at those, what you find out is, off the low of every one of those you had a violent recovery. Not a slow, arduous crawl higher, but a violent recovery...

Author: /time Magazine | Title: Is The Stock Market Bottoming? | 2/25/2009 | See Source »

...said Mohammed Tariq, 36, a thickly bearded cafeteria worker who blamed the Taliban for spreading fear and the army for alienating the population by inflicting a heavy toll in civilian casualties. "We hope that it doesn't fail." Like many locals, he was antagonized by the Taliban's violent methods but supports the call for Shari'a law. "The real issue was the courts," he says. "It took too long to get justice. People are fed up with this system. It's also corrupt." (See pictures of Pakistan's militant challenge...

Author: /time Magazine | Title: Can Pakistan Regain Control of Swat from the Taliban? | 2/24/2009 | See Source »

...Swat with the backing of the authorities. "We will ask them to lay down their weapons," Mohammed says of the local Taliban. "We are hopeful that they won't turn us down." Mohammed's credibility with the militants is based on the fact that he waged his own violent campaign for Shari'a law in the area in the mid-1990s; he also fought alongside the Taliban when U.S. forces invaded in 2001. Even though he has renounced violence, Mohammed still denounces democracy as a "heresy." Now he must convince the man who has stolen his thunder - Maulana Fazlullah, whose...

Author: /time Magazine | Title: Can Pakistan Regain Control of Swat from the Taliban? | 2/24/2009 | See Source »

...generation ago, extradition was aimed at violent kingpins whose cartels threatened the Colombian government's stability. But the kind of narco-terrorism that cost thousands of Colombian lives in that era, and which stemmed largely from the drug lords' determination to erase extradition from the law books, has since been reined in. As for deterrence, even supporters of extradition acknowledge that fallen drug bosses are simply replaced by their ambitious underlings. "We oversold it," concedes Myles Frechette, who as U.S. ambassador in the 1990s pressured Colombian officials to reinstate extradition after it had been banned by the 1991 Constitution...

Author: /time Magazine | Title: Colombia's Drug Extraditions: Are They Worth It? | 2/24/2009 | See Source »

...Green Zone, is really a secure place. There are still blast walls and precautions and nerves, though of course 6½ million people live here, as they must. Maybe the numbers speak for themselves. On Feb. 19, 2008, Iraqi Body Count, one of the several contentious projects to record violent civilian deaths, reported 37 dead. On the same date a year later, as I arrived, it reported 9 dead, plus 17 bodies discovered in a mass grave for a total of 26. Amid whatever change has come, or is coming, these were the numbered dead...

Author: /time Magazine | Title: New in Town: How Baghdad Has Changed | 2/24/2009 | See Source »

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