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...government offensive has taken a heavy toll on the Tamil civilian population, leaving as many as 250,000 trapped in the war zone and vulnerable to crossfire. (Colombo insists the figure is closer 120,000). As many as 300 civilians have been killed in the last week of fighting, and human rights groups have accused both sides of abuses. The International Committee for the Red Cross (ICRC) claimed on Sunday that artillery shells landed in a makeshift hospital in rebel territory, killing at least 9 people and wounding 20 injured. And ICRC representative Sarasi Wijeratne in Colombo urged both sides...

Author: /time Magazine | Title: How Sri Lanka Tamed Its Tigers | 2/3/2009 | See Source »

What's going through your head right now, as you get closer to this monumental milestone...

Author: /time Magazine | Title: Q&A: Tennessee Coach Pat Summitt | 2/2/2009 | See Source »

Since then, future oil prices have come closer together, averaging just over a dollar between contract months over the next year, or slightly more than the $1.02 per barrel per month price tag that Morgan Stanley had reportedly been negotiating in mid-January. The apparent correction is unlikely to have been caused directly by an institution like Morgan Stanley, but instead by a perception among traders that the average $1.25 spread between monthly contracts is reasonable. Of course, leasing a tanker is an extreme measure of storage, and the cost of storing at a more traditional location is much lower...

Author: /time Magazine | Title: How Citigroup Makes Hay in the Oil Market | 2/2/2009 | See Source »

...don’t think Princeton’s guards have ever been able to stay in front of Drew,” Lin said.But the 80-percent free throw shooter missed three big free throws in the final five minutes, which could have brought the home team closer. The shots all went in the bucket, and somehow bounced out, leaving the senior to scratch his head.“He was tremendous tonight, breaking the team down, making plays, making layups,” Amaker said. “I’m sure he?...

Author: By Walter E. Howell, CRIMSON STAFF WRITER | Title: Harvard Buzzed by Killer P's | 2/1/2009 | See Source »

Washington policy makers seemed to be moving closer to expanding loan guarantee programs, which have already been offered to Citigroup and Bank of America, to other banks. But in both those cases, the loan guarantee strategy seems to have produced few positive results...

Author: /time Magazine | Title: Will More Loan Guarantees Save the Banks? | 1/31/2009 | See Source »

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