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...stage of the global crisis, a sign that heavily indebted sovereign states might begin having trouble financing their deficits, or that investors will reassess their exposure to risky emerging markets in some kind of financial "contagion." BofA Merrill Lynch strategists postulated in a report that "one cannot rule out - as a tail risk - a case where this would escalate into a major sovereign-default problem, which would then resonate across global emerging markets...

Author: /time Magazine | Title: The Lesson of Dubai: The Crisis Is Not Over | 11/30/2009 | See Source »

...keep an eye out for troubled military families in their congregations. Neighbors help with babysitting so that a couple can get reacquainted after a long tour of duty. Nonprofit groups have stepped in to give veterans and active-duty service members the kind of confidential help they feel they cannot get on base. On the assumption that a soldier is more likely to reveal buried traumas to someone who has also experienced combat, the Pikes Peak Behavioral Health Group has lined up vets who can steer the combat-bruised troops through their personal troubles and the VA's cavernous bureaucracy...

Author: /time Magazine | Title: How One Army Town Copes with Posttraumatic Stress | 11/30/2009 | See Source »

...memories cannot be painted over so easily. The day of the massacre, Guinea's broad-based opposition movement - called Forces Vives, literally meaning Forces Alive, and made up of political parties, labor unions and civil society groups - drew tens of thousands of supporters to a rally in the stadium to protest what it called an increasing authoritarianism in the country. The junta struck back with brutal force. According to witnesses and human rights groups, the army first locked the protesters in behind metal doors hastily electrified with lethal current, then opened fire. The wounded were finished off with bayonets. Scores...

Author: /time Magazine | Title: In Guinea, Hopelessness After the Massacre | 11/28/2009 | See Source »

...charges of treason filed against him by the current government - an accusation that could see him spending the rest of his life behind bars. "We need to have an amnesty overseen by the international community," he said. "The imprisonments and killings only serve to terrorize the Honduran people. We cannot rebuild democracy with people incarcerated...

Author: /time Magazine | Title: Zelaya Blasts Election as Hondurans Vote | 11/28/2009 | See Source »

...elected posts in community units called barangays. And, crucially, local government power can be a considerable source of wealth generation. "Many regard these posts as personal entitlements and their enemies are rival political families," says Benito Lim, a political science professor at the University of the Philippines. "If they cannot come to an arrangement, then eliminating a rival is an option." (Read a TIME cover story on boxer Manny Pacquiao...

Author: /time Magazine | Title: Behind the Philippines' Maguindanao Massacre | 11/27/2009 | See Source »

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