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Nonetheless, many policymakers and analysts are worried. In late December, President Obama summoned the heads of the nation's largest banks to the White House to urge them to make more loans to small and medium-size businesses. Federal Reserve Chairman Ben Bernanke too has mentioned in recent speeches the continued credit crunch as an economic concern. (See how Americans are spending...
...eyes of many political observers, Dorgan and Dodd were simply bowing to reality. They faced long odds of winning re-election in their home states - though Dems believe they now have a much better chance at holding on to Connecticut than North Dakota. Dodd, as chairman of the Senate Banking Committee, had unpopular bailouts to contend with and a scandal over allegedly special treatment on his mortgage; Dorgan likely faced a tough battle against a popular GOP governor in a Republican-leaning state that disapproves of his vote for health care reform by a 2-to-1 margin. But there...
...according to Rahman Saki, chairman of the Norwegian-Iranian Support Committee - an aid group - Heydari is considering asking Norwegian authorities for political asylum. "There is no way he will return to Tehran. If he goes back, it will undoubtedly mean imprisonment and torture," Saki says. According to the Swedish newspaper Sydsvenskan, Heydari will take a couple of days to figure out his plans, and during that time he will not give any interviews. The Norwegian Foreign Ministry said Thursday that it had yet to be contacted in the case. (See pictures of terror in Tehran...
...TIME's 2009 Person of the Year: Federal Reserve Chairman Ben Bernanke...
...Somalis in Denmark are shocked at what happened and strongly condemn it. They see it as the work of one man and don't understand how he could do a thing like that - someone who grew up in Denmark," says Abdirashid N. Artan, a social worker and chairman of the Somali Youth & Development Network, an organization that works with troubled young Somalis in Copenhagen, the Danish capital. (See the top 10 cartoons...