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...recovery. Countries that have currencies strengthening against the dollar face the prospect that their exports would become pricier in world markets, a situation policymakers wish to avoid as their economies are just now crawling out of recession. China, one of the world's largest holders of dollars, doesn't appear likely to allow its currency, the renminbi, to significantly appreciate against the dollar any time soon, despite increasing political pressure from Washington to do so. China's Commerce Minister, Chen Deming, said at the recent Canton Trade Fair, a major showcase for China's manufacturers, that the "basic stability...
Pakistani forces advancing on a Taliban stronghold in the restive South Waziristan region made a surprising discovery: documents that appear to be linked to suspects in the Sept. 11, 2001, terrorist attacks. Among the finds: a German passport in the name of Said Bahaji, a militant associated with hijackers, and a Spanish passport for the wife of an alleged al-Qaeda member. Though the documents have not been authenticated, U.S. officials say they're proof that al-Qaeda members took refuge in the area. Visiting Secretary of State Hillary Clinton said she found it "hard to believe" that Pakistani forces...
Aides to Obama say they would like to see her on the Sunday shows more often. (Indeed, Clinton's staff acknowledged that she was asked to appear two additional times but was traveling and unable to do so.) Ultimately, though, television is a metaphor for the larger questions that need to be resolved: How much can these former rivals - both extremely guarded and private people - really trust each other; and, if not Clinton, who will emerge as the President's alter ego on foreign policy? At this point, the strongest member of Obama's national-security team is Gates...
...displays of defiance do not appear to be nearly as large as the massive demonstrations that were staged in June to protest the disputed re-election of President Mahmoud Ahmadinejad. Nor are they enough to pose a direct challenge to the government, which has overwhelming control over the streets and national security. But they are having an effect far beyond the skirmishes in Tehran, pushing the Iranian government into a harder and harder line against its internal foes and into confrontation with the West. (Read about how Tehran is bracing for a new round of political protests...
...state indoctrination in "protest" commemoration simply taught the young how to become revolutionary. Where there is injustice, children are told, "protest." It is not by accident that the opposition chants are from the original 1979 Revolution. The holidays, practices, slogans, and iconography that constitute the Islamic Republic of Iran appear to have provided today's green-clad protesters with an arsenal to use against a state that they increasingly see as repeating the mistakes of the regime overthrown three decades...