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They called themselves the people's Alliance for Democracy (PAD), but their aims were hardly democratic. During their 192-day protest campaign, the PAD paralyzed Thailand, blockading the capital's two airports for eight days and besieging the Prime Minister's office complex for months. By the time the opposition alliance withdrew on Dec. 3, a democratically elected government had been disbanded by the country's courts and political street violence had claimed several lives. And should future polls bring back politicians linked with Thailand's ousted rulers? "The PAD will return," vowed alliance leader Sondhi Limthongkul, who earlier...

Author: /time Magazine | Title: Asia's Dithering Democracies | 1/1/2009 | See Source »

...Hamas both know that there will be a cease-fire in Gaza. Its timing and terms will be "negotiated" in bombs and bloodshed in the days ahead; it will be mediated by a third party or a combination of third parties; and it will be shaped by a complex regional power game involving an array of competing Israeli politicians, the rival Palestinian leaderships of Hamas and President Mahmoud Abbas, Egypt, Syria and even more distant players such as Turkey, Iran and, of course, the United States. The victims of this "negotiation," needless to say, will be scores of ordinary Palestinians...

Author: /time Magazine | Title: Israel Versus Hamas: How to Shape a Cease-Fire | 12/31/2008 | See Source »

...restrictive migration policies and high corn subsidies for U.S. farmers, which hurt Mexican farmers. Canada may want to pursue new energy trade policies. Mexico's current conservative government has opposed reopening the terms of NAFTA, but recent political fractures in Canadanot to mention an increasingly complex global economic situation will likely keep the debate lively well past NAFTA's next anniversary...

Author: /time Magazine | Title: NAFTA | 12/30/2008 | See Source »

...seems to me that many of Madoff's fund-raising generals-many close friends who were unlicensed to trade securities-down the line must have been given strict commands to avoid using the Madoff name. These generals ran many of Madoff's complex network of domestic and international feeder funds, which in turn created their own sub-funds. It was into these sub-funds many private investors, foundations, schools and other endowments poured their life savings. From the super wealthy, like Mort Zuckerman, to schmoes like me, the victim-cry is: Who the hell is Bernie Madoff? Had we known...

Author: /time Magazine | Title: Who Is Bernie Madoff? Many Investors Didn't Ask | 12/23/2008 | See Source »

...finalize the details of the deal. The result does its best to impose order on what would otherwise be the disorderly bankruptcies of the two companies, but in many regards it just passes the buck to Obama. To be fair, Treasury had but a week to address an incredibly complex problem and come up with a multibillion-dollar aid package - no small achievement, however lacking in teeth. (Read "In the Nick of Time: Bush Announces Auto Bailout...

Author: /time Magazine | Title: Bush's Rescue Plan for Detroit: Passing the Buck | 12/19/2008 | See Source »

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