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...these guys, anyway? Dubai's Sheik Mohammed bin Rashid al-Maktoum, Qatar's Sheik Hamad bin Khalifa al-Thani and Abu Dhabi's Sheik Khalifa bin Zayed al-Nahayan are sons of gulf royalty. But these are not their fathers' investments. Gulf money 20 years ago was being sunk into safe-bet, low-yield U.S. Treasury bonds--or the arms bazaar. Some recent deals--Dubai's brief holdings in DaimlerChrysler and Madame Tussauds, for example--have been opportunistic. But Dubai's bid for NASDAQ is part of a vision for positioning the city-state as a world-class business center...

Author: /time Magazine | Title: Welcome to Du-Buy? | 11/12/2007 | See Source »

...supporting the mujaheddin war in Afghanistan against the Soviet Union after Moscow invaded and occupied that country. That Afghan war, which ended with the Soviet defeat in 1989, assumed a religious nature in the Islamic world and, as it came to a close, fostered the rise of Osama bin Laden's al-Qaeda and the Taliban regime that eventually took over most of Afghanistan. In the 1990s, relations between Islamabad and Washington chilled after the U.S. imposed sanctions on Pakistan for pursuing nuclear weapons. Pakistan's government backed the puritanical Taliban government in Kabul until Sept...

Author: /time Magazine | Title: Pakistan: The Making of a Crisis | 11/9/2007 | See Source »

...concern might be Pakistan's ethnic Pashtuns. They make up roughly 20% of Pakistan's officer corps and 25% of enlisted. Historically, they have faithfully served Pakistan, but since 9/11 their loyalty has been sorely tested. Osama bin Laden, al-Qaeda and the Taliban are holed up in Pashtunistan, on both sides of the remote, mountainous, impenetrable Pakistan-Afghan border - the rear base they use to wage jihad on Islamabad and Kabul. Al-Qaeda has at least the implicit support of the local Pashtuns, and, inevitably, Pashtuns are dying, both at our hands and the Pakistan army...

Author: /time Magazine | Title: Can Pakistan's Military Be Trusted? | 11/9/2007 | See Source »

...that he had a choice. Former Citigroup chief Sandy Weill, who created the financial colossus by merging his Travelers Group with Citicorp in 1998, had traveled to Saudi Arabia to tell Citi's biggest individual shareholder, Prince Alwaleed bin Talal, that the other Prince had to go. Alwaleed reportedly wanted Weill to return to the helm, but there was little appetite for that on Citi's board...

Author: /time Magazine | Title: Assessing the Mess at Citi | 11/8/2007 | See Source »

...most influential person of the past 40 years? -Heath Urie, Boulder, Colo. Mikhail Gorbachev, internationally, was critically important. Ronald Reagan had a big impact on American life. So did Osama bin Laden. You can't ignore that...

Author: /time Magazine | Title: 10 Questions for Tom Brokaw | 11/7/2007 | See Source »

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