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...Swedish experts caution that the Swedish financial system is relatively small compared to the U.S. In 1992 most leading government officials knew the bank chiefs on a first name basis. Still, the Swedish experience could hold other lessons, says Robert Bergquist, chief analyst at SEB, one of Sweden's largest banks. "The Swedish success depended on four factors," he explains. Stockholm acted quickly, in open acknowledgement of the problems, and under a broad political agreement across the party spectrum. "Running parallel with these three factors," he says, "a new economic policy - new goals for inflation and the budget - was developed...

Author: /time Magazine | Title: Sweden's Model Approach to Financial Disaster | 9/24/2008 | See Source »

...launch more random attacks on Pakistani civilians, there are strong signs that growing numbers of Pakistanis are ready to embrace the fight against terrorism as their own. "It may have started off as America's war, but this is now clearly Pakistan's fight," says retired general turned liberal analyst Talat Masood, echoing a widely held view in the wake of the Marriott attack. To turn that sentiment into an effective campaign, however, Masood says the government will need support from previously ambivalent political parties - and to do that, it will have to demonstrate its independence from Washington...

Author: /time Magazine | Title: Zardari Tries to Keep His Distance from US | 9/24/2008 | See Source »

...feat would be both a technological and public relations triumph. "Beijing is signaling to the rest of world that it is a first-rank space power," says Dean Cheng, China analyst with the CNA Corp., a U.S.-based think tank. "It is capable of doing things only the U.S. and Soviet Union have done. It is ahead of Japan and the European Space Agency in terms of space flight...

Author: /time Magazine | Title: China's New Venture in Space | 9/24/2008 | See Source »

...Snowball: Warren Buffett and the Business of Life was written by Alice Schroeder, a onetime insurance-industry analyst who agreed at Buffett's request to chronicle his life. It's the first biography with which Buffett, 78, has cooperated...

Author: /time Magazine | Title: Warren Buffett Tells All: The Women in His Life | 9/23/2008 | See Source »

...previously patronized. Though India helped vault Dahal into the limelight by forcing Nepal's monarchy into peace talks with his rebels, certain circles in New Delhi harbor a fundamental distrust for the Maoists as India reckons with its own ongoing Marxist-Leninist revolt. Ajai Sahni, a prominent analyst and the director of the Delhi-based Institute for Conflict Management, insisted before the April elections that "Nepal's Maoists have no intention of honestly participating in the democratic process...

Author: /time Magazine | Title: Nepal's New PM Makes the Rounds | 9/22/2008 | See Source »

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