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...none of your coverage of the disaster in Haiti has there been any mention of the 200-strong medical and rescue team from Israel. They worked around the clock pulling people from under the debris, performing operations and even delivering babies. They were the first to arrive and were surrounded by medical teams from Russia, Colombia and the U.K. It was the same in the recent Turkish earthquake, the same Israeli team was there, and I looked in vain, in various media, for a hint of it. Yan Sever Karmiel, Israel...

Author: /time Magazine | Title: Inbox | 3/1/2010 | See Source »

...funded by the tax revenues of entire economies, and, since they manage nations, they're not likely to evaporate, Enron-style, in a sudden financial flame out, or close up shop and flee their creditors. That's why lending money to states is considered the surest bet around. Reputation aside, however, politicians abuse their ability to borrow just like any spendthrift with too many credit cards, and often pile up more bills than they can handle. Argentina, Russia, Mexico and others have stiffed their bankers over the past 30 years. In fact, the sovereign-debt crisis goes back...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...financial stability today. Warning that Greece was in "critical condition," Prime Minister George Papandreou recently said that his country "faces the risk of sinking under its debt." Jitters over a potential Greek default have punished the value of Europe's common currency, the euro, and driven down stock markets around the world. Policymakers worry that Greece's woes will spread to other weaker members of the euro zone, such as Portugal, Ireland, Italy and Spain - a collection of countries traders have nicknamed the PIIGS. Government leaders nowhere near Europe are concerned as well. "Such events far away can hurt Singapore...

Author: /time Magazine | Title: Weighed Down | 3/1/2010 | See Source »

...reported that al-Shabab receives funds and weapons from the Middle East and the Eritrean government. (Al-Shabab fights Ethiopia, and Ethiopia is Eritrea's archenemy.) But that support is small compared with the assistance that extremist groups in Pakistan and Afghanistan have received from radical Islamists around the world. Finally, the risk that Somalia could ignite a wider conflagration across the Horn of Africa - sucking in Ethiopia, Eritrea and even Kenya - is real but, again, nothing like the one in Afghanistan's neighborhood. As U.S. ambassador to Kenya Michael Ranneberger never tires of pointing out, none of Somalia...

Author: /time Magazine | Title: The Rise of Extremism in Somalia | 3/1/2010 | See Source »

...hindered my career at all. Miss Franklin can get around. I have been everywhere, believe me, on this bus--everywhere except across the ocean. And if it were an amphibious bus, I might do that. When I was flying, I never saw the U.S. and what it really looked like. I saw the back of the concert hall, the hotel and the airport. Now I really see America. The last time I flew was in '82. I had such a bad flight. A two-engine plane. The flight was dipsy-doodling up and down all the way home. I said...

Author: /time Magazine | Title: 10 Questions for Aretha Franklin | 3/1/2010 | See Source »

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