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...days of Thaksin's populist microfinancing initiatives. But first Abhisit will have to control the fractious six-party coalition that propelled him to power in the first place. A seemingly minor scuffle over who should be the next national police chief has riven the alliance. Abhisit's bid to avoid potential demonstration violence by invoking the country's Internal Security Act, sending thousands of soldiers onto the capital's streets on Sept. 19, drew barbs from some coalition members. The PM freely admits the difficulties the nation and his administration are facing - but it's not as if Thailand...
After being burned, we humans tend to avoid what singed us and seek something soothing. High-quality bonds - in particular, the "risk free" ones issued by the U.S. government - were the most soothing investments of all during the financial crisis. While stocks were losing more than half their value, 10-year Treasuries returned more than 10% during that May-to-March period. And so - big surprise - investors have poured $240 billion into bond mutual funds so far this year, according to the Investment Company Institute. Stock funds - despite a big rebound in stock prices since March - have taken in less...
Most bondholders, though, will find it hard to avoid losses. And what will retail investors do once bonds have burned them too? Atteberry thinks many will just put their money in the bank. The trade-off there is a measly return: the highest savings-account rate in the land is currently just 1.83%, according to Bankrate.com and most banks pay far less. Less than inflation. But hey, at least the money's safe...
...Mountain Hawks, who were looking to avoid their first 0-4 start since the 1982 season, got off on the right foot. On the first drive of the game, Lum took his team 83 yards to an early lead...
...Lisbon Treaty includes major reforms in the way the E.U. is run, changing its voting and decision-making procedures to avoid institutional gridlock. Supporters of the treaty say it improves the Union's capacity to deal with 21st century challenges such as the economic crisis, climate change, energy security, cross-border trafficking and crime. It also establishes a full-time president for the Union, gives new powers to the European Parliament, and creates a European diplomatic service. (See TIME's photos: "New Hope For Belfast...