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Alarmed that the nuclear-armed neighbors would return to the brink of conflict--it would be their fourth in 61 years--and undermine the war on terrorism in Afghanistan and northern Pakistan, the Bush Administration is pressuring Islamabad to crack down on homegrown militants. In response, Pakistani authorities have launched nighttime raids on several camps in and around Muzaffarabad, arresting at least 12 people. Among them: Zaki-ur-Rehman Lakhvi, a top Lashkar commander named by Indian police as the mastermind of Mumbai. (A spokesman has denied that the group had any role in the Mumbai attacks...

Author: /time Magazine | Title: Can India and Pakistan Lower Tensions Over Kashmir? | 12/11/2008 | See Source »

When militants attacked the Indian Parliament in late 2001--an assault blamed partly on Lashkar--the two countries came to the brink of another war. The U.S., then mopping up after defeating the Taliban in Afghanistan, helped keep them apart. The subsequent cease-fire has ushered in a few years of peace, one now endangered by the Mumbai attacks...

Author: /time Magazine | Title: Can India and Pakistan Lower Tensions Over Kashmir? | 12/11/2008 | See Source »

...Even as the international economy stands at the brink of collapse, parties to the UN Framework Convention on Climate Change complete their 14th meeting in Poland today in what may well be our last real chance to prevent environmental calamity in our lifetimes. It was inevitable that even this, the most critical of meetings, would be contaminated by the current recession, on the grounds that the first priority must be dealing with the problems facing us right...

Author: By Elise X. Liu | Title: The Sky is Falling | 12/11/2008 | See Source »

...back to the leadership. China was desperate. The horrors of the Cultural Revolution were a fresh memory. As Premier Wen Jiabao said in a speech to a World Economic Forum conference in Tianjin this year, in 1978 "the country was in a backward state ... with the economy on the brink of collapse...

Author: /time Magazine | Title: Thirty Years After Deng: The Man Who Changed China | 12/10/2008 | See Source »

Forgive members of Congress if they feel a sense of déjà vu this week. After all, they, and we, have all been here before - not so long ago, in fact. The economy is teetering, on the brink of collapse, and if the House and Senate don't act right now a full-blown Depression looms and we'll all find ourselves on breadlines faster than you can say AIG - er, Citibank. I mean, General Motors...

Author: /time Magazine | Title: Can Congress Pass an Auto Bailout Bill Nobody Likes? | 12/9/2008 | See Source »

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