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Maliki's government targeted Basra because it could. Unlike many other southern cities where fighting has escalated in recent weeks, Maliki has built an independent power base among the security forces there. But Tuesday's sweep of Basra could turn sour in other southern cities where the central government's power is weak. Indeed, many Shi'ites are seeing this not just as an example of the Shi'ite Maliki taking on other Shi'ites (including Sadrists) but of America backing the Prime Minister up in a de facto Shi'a civil war. Iraqi government forces have attacked...

Author: /time Magazine | Title: The Threat of a Re-Surge in Iraq | 3/24/2008 | See Source »

...flowing in great gushes. It was probably a wise move. By the time he was through, McCain had praised Sarkozy's leadership in environmental issues, pushing the harder international line against Iran's nuclear ambitions, and fighting terrorism. McCain called Sarkozy a "man of enormous energy" who has been central to bringing Franco-American relations into "an era of friendship and cooperation...

Author: /time Magazine | Title: McCain's Paris Romance | 3/21/2008 | See Source »

...Qaeda Central, says Sageman, is on the wane, its leaders dead or on the run and increasingly isolated. It is the informal al-Qaeda--born after the attacks on Sept. 11 and exploding into raging adolescence after the U.S. invasion of Iraq in 2003--that is the real threat, waging the "leaderless jihad" of the book's title chapter...

Author: /time Magazine | Title: The Jihadi Next Door | 3/20/2008 | See Source »

...Qaeda's original leadership, but they can access jihadi Internet forums for guidance and bomb-making expertise. The Madrid train bombings of 2004, which killed 191 commuters, are an example of an atrocity committed by such young men. The attacks were an "offering to al-Qaeda Central leaders for ... admission into the ranks of global Islamist terrorism," Sageman writes...

Author: /time Magazine | Title: The Jihadi Next Door | 3/20/2008 | See Source »

...wiped out, half the firm's employees slated to lose their jobs and no golden parachutes offered to the top executives, it wasn't a bailout. But it did take a $30 billion loan from the Fed to seal the deal. This was a truly extraordinary use of the central bank's powers and an indication that the subprime-mortgage crisis that erupted last summer has evolved into something bigger and more ominous--possibly the greatest challenge to the American way of financial capitalism since the Depression...

Author: /time Magazine | Title: The Bear Trap | 3/20/2008 | See Source »

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