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...will need all of that knowledge, and more, to fix deep-rooted societal problems such as knife crime - which involves a disproportionate number of black kids, among both victims and perpetrators. Ultimately, the phenomenon is linked to poverty and social breakdown. "Policing is like being on a river bank next to a fast-flowing stream," says Blair. "You have the choice of pulling them out of the water or going upstream to find out who's throwing them in. There's a lot of debate about where is the limit of the police mandate, because we could go very...

Author: /time Magazine | Title: A Case for Scotland Yard | 8/6/2008 | See Source »

...that each personify one of the 99 qualities that the Koran attributes to God, met early resistance in places like Saudi Arabia. Local authorities worried that the series might mock Islam. But after Mutawa guaranteed that he would remain respectful of religion and won backing from a major Islamic bank, the series took off around the Gulf. Initially given away for free with Arabic versions of Marvel comics (the license for which Mutawa owns in the region), The 99 is now a stand-alone success, with some 500,000 copies given away and sold across the region in the past...

Author: /time Magazine | Title: Islamic Superheroes Going Global | 8/5/2008 | See Source »

...that failed to avert a financial collapse, and the once mighty Leeds United now languishes in England's third-tier league. Just as wealth and success on the field go hand in hand in today's pro soccer, so can disaster on the field bring disaster at the bank...

Author: /time Magazine | Title: Soccer's Billion-Dollar Players | 8/3/2008 | See Source »

...banks and thrifts, there are well-defined procedures for dealing with insolvencies through the Federal Deposit Insurance Corp. But much of the financial action in recent years has moved to companies for which there is no such shutdown plan. When Wall Street firm and major mortgage player Bear Stearns experienced something akin to a bank run in March, the solution that Paulson and Bernanke came up with was a hastily arranged sale to JPMorgan Chase & Co., backed by a $29 billion guarantee from the Fed. The Fed is responsible for keeping prices stable and credit flowing. Bailing out troubled lenders...

Author: /time Magazine | Title: Can Paulson Save the Economy? | 7/31/2008 | See Source »

...phone time with Gore. But Obama has changed the emphasis a bit to promote "green collar" job development, like programs to retrofit public buildings to conserve energy. Obama also has a new take on traditional infrastructure spending, designed to limit cronyism: a $6 billion-per-year federal infrastructure bank, where loans to states and localities would have to be approved by a bipartisan board of governors appointed by the President and confirmed by Congress...

Author: /time Magazine | Title: The Recession Election | 7/31/2008 | See Source »

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