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...privatization and the free-market system forced on Africa by the Western-controlled World Bank and IMF (that have devastated many African countries) are now being reversed in the U.S. Whereas poor, suffering Americans need to be protected from the full consequences of their free-market principles (which should allow AIG, GM and the rest of them to fail), Africans were afforded no such protection - presumably because they don't vote in U.S. elections. Alex Potter, CLAREMONT, SOUTH AFRICA...

Author: /time Magazine | Title: AIG's Bad Reverberations | 4/20/2009 | See Source »

NATO undoubtedly does look inviting to most Europeans, but allow me a little Anglo-Saxon sniffiness here. Joffe admits that Europe's two big hitters are avoiding the trickier parts of Afghanistan. It seems that NATO's reputation is being built more on British (and Dutch) sacrifice than anyone else's. And while young Britons are dying in Afghanistan, it ill behoves NATO's nonperformers to dance a victory jig. Robert F. Birkett, DRINKSTONE GREEN, ENGLAND...

Author: /time Magazine | Title: AIG's Bad Reverberations | 4/20/2009 | See Source »

...unaccustomed role: as the hero of the hour, the institution seen as best able to rescue the collapsing world economy. A principal outcome of the April 2 meeting of G-20 leaders in London was an agreement to triple the IMF's resources to $750 billion, and to allow it to issue a further $250 billion on its own. Part of that money is supposed to go to countries suddenly in financial straits, and part is designed to serve as a more general liquidity boost to the contracting world economy. (See pictures of stores that have closed down...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...first varsity’s smooth victory was due in part to a newly found stability within the first boat lineup, with a rower returning from a recent injury. The ease of Harvard’s victory suggests that the Crimson has found a stride that will allow it to move ahead in future races...

Author: By Catherine A Morris, CONTRIBUTING WRITER | Title: Crimson Picks Up Wins At Home, On Road | 4/19/2009 | See Source »

Asked when he would draft a new bill to allow Mexicans to work legally in the United States, Obama was also evasive. "I voted twice for comprehensive immigration reform that would have provided a pathway for legalization and improvement of the orderly path of migrants into the United States," he said. "We came close to getting that kind of a reform done several years ago and then it became politicized. My whole goal is to remove the politics out of this and take a very practical commonsense approach." An estimated six million of the 11 million Mexicans currently working...

Author: /time Magazine | Title: Obama in Mexico: No Hero's Welcome | 4/17/2009 | See Source »

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