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China plans to compress the decades that Japanese companies needed to build large branded auto firms. It plans to complete the process in a year or two by simply acquiring existing, well-known brands. There is no reason that a Chinese car firm cannot use government money to bid for Chrysler's assets if it is forced into bankruptcy. In France, Citroen and Peugeot are facing financial problems that could get much worse if car sales remain anemic. GM's (GM) Opel unit in Europe needs immediate capital and may be sold at a loss for the No.1...
...Brown rejected minimum pricing as unfair to the "responsible, sensible, majority of moderate drinkers." He also knows that, in the midst of a recession and with his poor ratings, making booze more expensive is political suicide. Brown's Thai counterpart Abhisit enjoys greater popularity among his people, but still cannot afford to anger them - not when his country's unemployment rate has (like Britain's) spiked sharply. But Abhisit needn't have worried. With Songkran fast approaching, the ban was scrapped - not because it was unfair to the responsible majority of Thai drinkers but because, like minimum pricing, there...
...court cited Local Rule 83.3, a Massachusetts law that prohibits recording and broadcasting court proceedings in District courts. Though he acknowledged that the judges’ application of the rule to the Internet was “reasonable,” Nesson said that Gertner’s interpretation cannot be called “palpably erroneous,” as the appeals judges did. Expressing disappointment in the judges’ ruling, D. Yvette Wohn, a Harvard Extension School student assisting Nesson with public relations, said the recording industry is stuck in an age where music came...
...While we find the lawyers and politicians who authorized the torture regime most culpable, America cannot simply turn a blind eye to those who actually carried out torture. The Obama administration must also conduct an internal investigation to determine the role of CIA interrogators in abusing detainees. The Nuremberg Trials established the principle “that a person acted pursuant to order of his Government or of a superior does not relieve him from responsibility under international law,” and the Uniform Code of Military Justice requires American soldiers to disobey unlawful orders. While CIA agents...
...close look at the exact wording of the "chatter", and tell the President whether there really was an imminent threat. The complete raw interrogation reports should also be reviewed by the same commission to compare it to follow-up investigations, in particular leads generated inside the United States. We cannot take anyone's word for it that the interrogations saved lives; someone objective needs to take a good hard look at the facts. (Watch TIME's video on the risks of chatter...