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...told, the three plans address about $420 billion in toxic loans and assets that the government hopes to get off the balance sheets of banks. Will that be enough to nurse our nation's biggest banks and financial markets back to health? It's not clear. The plan leaves out tens of billions of dollars in bonds that were never AAA-rated and were hard to sell even in good times. The plan triggered a strongly positive stock-market reaction on Monday, when the Dow Jones industrials soared nearly 500 points. On Tuesday the market slipped 1.5%, as doubts about...

Author: /time Magazine | Title: Geithner's Bank Plan: Only a Partial Solution | 3/25/2009 | See Source »

...Wilder and his colleagues are also cautious about their results because the data do not make clear whether it was the anesthesia that contributed to the children's learning deficits or whether it was an underlying condition that may have required surgery and precipitated the learning problems. Of the more than 5,000 babies studied, 593 needed at least one surgery and just over 100 infants needed more than two before age 3. There may have been something unusual about this population of children that made them vulnerable to learning problems and required them to undergo surgery and anesthesia...

Author: /time Magazine | Title: Study: Anesthesia in Infancy Linked to Later Disabilities | 3/24/2009 | See Source »

...experts believed babies did not have sufficiently developed neural connections to even feel any pain. "There was a whole series of papers showing that [giving anesthesia] was a bad thing to do," says Dr. Robert Wilder, a co-author of the Mayo Clinic study. "One thing that is very clear is that kids who have surgery without the appropriate anesthetic have higher degrees of morbidity and, in some cases, even mortality associated with surgery compared to kids who have gotten the appropriate anesthetic." (Read a TIME cover story on children...

Author: /time Magazine | Title: Study: Anesthesia in Infancy Linked to Later Disabilities | 3/24/2009 | See Source »

...What is clear is that there's a new order in Iraq, an invigorated Arab nationalism that is increasingly pushing back against federalist-minded groups like the country's Kurds. Will the Kurds concede that they may not be in a position to get everything they want, especially regarding territory? Or will they respond militarily? "It's not a simple issue," says Rwandzi, the Kurdish member of parliament. "It's very sensitive and needs to be dealt with seriously." That much at least, Iraq's Arabs and Kurds can agree...

Author: /time Magazine | Title: Arab-Kurd Tensions Could Threaten Iraq's Peace | 3/24/2009 | See Source »

...Other places like, say, Afghanistan. At the NATO meeting, Obama is widely expected to ask for more European assistance in Afghanistan, and Chacón herself, who in December lifted Spain's 3,000-person ceiling on troops abroad, has made it clear she is open to the request. (Vote for the 2009 TIME 100 Finalists...

Author: /time Magazine | Title: Spain's Withdrawal from Kosovo Angers Allies | 3/24/2009 | See Source »

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