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...tribunal system. Under the rules of the tribunal, Hamdan faces a jury of military officers who will decide his innocence or guilt. Whether their decision is perceived as fair will go a long way toward determining if the military tribunals that President Bush first authorized in the aftermath of the Sept. 11 attacks will survive under the next Commander in Chief. In that sense, the fame - or infamy - of Salim Hamdan may endure long after his trial ends...

Author: /time Magazine | Title: Hamdan: Guantánamo's Mystery Man | 7/21/2008 | See Source »

This latest spasm of political instability has spooked investors, sending Thailand's stock market down nearly 20% since late May. The index had already been a lackluster performer, with the country still recovering from the aftermath of the September 2006 military coup that unseated elected Prime Minister Thaksin Shinawatra. A billionaire tycoon who is generally loved by the poor and reviled by the rich, Thaksin was charged with corruption and his party was disbanded. On Wednesday, the first of many cases against Thaksin got underway in Bangkok, just as other courts were busy issuing rulings that dealt body blows...

Author: /time Magazine | Title: Legal Blows Imperil Thai Government | 7/10/2008 | See Source »

...these days, "getting a mortgage is like winning the lottery." That's an inevitable reaction to a slowing economy and the worldwide financial squeeze triggered by the U.S. subprime debacle. What nobody can predict with certainty is whether there are any huge financial risks still lurking undetected; in the aftermath of the subprime crisis it turns out that many banks underestimated the risks posed by the often-arcane financial instruments they were trading. European banks themselves say that most of the bad news is already out, and some - including Barclays, Crédit Agricole and the big Swiss banks - have...

Author: /time Magazine | Title: Europe's Economy: Falling Down | 7/9/2008 | See Source »

Right now, it's all about trying to prevent more flooding that is already devastating many communities, from Iowa's second largest city, Cedar Rapids (pop. 124,000), to one of its smallest, Chelsea (pop. 276). Later, it will be about dealing with the aftermath - the nasty consequences of flood water that Iowans remember all too well from the miserable clean-up of homes, businesses, and farms after the floods...

Author: /time Magazine | Title: Living Through the Iowa Deluge | 6/13/2008 | See Source »

Over the centuries Europe has been a place of conflict and war where boundaries and frontiers expanded and receded at a terrible cost to millions of its citizens. Rivalries between Nations and power blocks constantly erupted. It was in the aftermath of the massive death toll and destruction of the second World War that French Foreign Minister Robert Schuman made the proposal in 1950 which would later lead to the establishment of the European Union. His first objective was to prevent further wars by building structures through which points of disagreement could be resolved peacefully. Initially this concept must have...

Author: By Sile De valera | Title: What Now for the EU? | 6/4/2008 | See Source »

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