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...Organizing the diplomatic effort wasn't easy either. Pakistani authorities, like those in other countries, require alpinists to pay for their rescue up front, and it took several days to pull the money together. Spanish Prime Minister José Luis Rodríguez Zapatero called his Pakistani counterpart to ask for assistance with the rescue, but it took some time before the wheels were in motion. On Aug. 11, Peña Guara released a press statement saying the efforts were slow and complicated, and calling the situation desperate. "The Pakistanis were working on it, but there...

Author: /time Magazine | Title: A Daring Mountain Rescue in Pakistan is Called Off | 8/16/2009 | See Source »

...tight control by Nancy Pelosi and House Financial Services chief Barney Frank, is expected to move legislation early in the fall. Senator Chris Dodd, the Senate Banking Committee chairman, faces a tough re-election battle in 2010 and has every reason to push for a bill. His GOP counterpart, Shelby, is a potential obstacle, but aides say the 75-year-old Senator recognizes the need for change: no one wants a taxpayer-funded bailout like TARP to be the answer every time there's a crisis. And it may be the best opportunity Shelby has in the remainder...

Author: /time Magazine | Title: Geithner vs. the Regulators: A Time for Swearing | 8/6/2009 | See Source »

...July 30, Russian president Dmitri Medvedev sat down for talks with the leaders of Afghanistan and Pakistan, two countries that sit in the crosshairs of the U.S.-led war on terror. The meeting with Afghan president Hamid Karzai and his Pakistani counterpart, Asif Zardari, took place in Dushanbe, capital of Tajikistan. Reportedly on the table were plans to beef up trade ties as well as improve cooperation in the fight against Islamist extremism - clear signs, experts say, that Moscow is bolstering its role in the "Af-Pak" theater, a region Russia had largely retreated from after the scarring decade-long...

Author: /time Magazine | Title: Russia Moves to Boost its Role in Central Asia | 8/1/2009 | See Source »

...creating and encouraging leaders, instead quashing the creativity our own system champions among its youth. Many Indian students are complacent working for American companies in outsourced IT jobs, although many are far smarter than their foreign employers. Whereas an average American student may never match up to his Indian counterpart on the basis of test scores or work ethic, political, economic, and, most importantly, pedagogical asymmetry almost guarantees that the latter will end up working for the former. This sad fact of globalization, perhaps rooted in the investment each country has made for its future, shortchanges India?...

Author: By Ashin D. Shah | Title: (e.) None of the above | 7/31/2009 | See Source »

...like these may be a bargain, but they also circumnavigate national requirements for accredited schools, which govern student admission, fees and faculty salaries. Carnegie Mellon, for instance, now selects students jointly with its private Indian counterpart, and sets its own curriculum that is taught by local faculty. Under the proposed legislation, schools would continue to operate with those special concessions. But Sibal plans to make it mandatory for foreign universities to reserve seats for the underprivileged - a requirement that has not gone down well with many academicians. "If a country's aim is to educate the poor, then many foreign...

Author: /time Magazine | Title: India to Foreign Colleges: Set Up Campus Here | 7/31/2009 | See Source »

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