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...another front that could undermine the surge. The second round of the Federal Reserve's attempt to restart the nonbank consumer-lending market, the so-called TALF program, went even worse than the faltering first round did last month. The poor performance is causing some Fed officials to doubt the entire premise of the effort to restart nonbank credit markets. "We know there are people out there interested in putting subscriptions together," says a Fed official, "but the larger question is, Where is the market [for them...

Author: /time Magazine | Title: Still Few Buyers in Fed's Effort to Restart Lending | 4/9/2009 | See Source »

...Without a doubt, Nick promptly remounts his horse and scores five goals in the span of time UConn scores one. With two minutes left in the third chukker, Harvard is now only two goals behind UConn’s thirteen...

Author: By Esther I. Yi, CRIMSON STAFF WRITER | Title: Grabbing the Reins | 4/8/2009 | See Source »

...fact that no countries have been spared,” he said. Lawrence, however, also pointed out that protectionism is not a viable response for containing the fallout. “If we think back to the 1930’s, I think there’s little doubt that dramatic increases in tariff in the United States made that depression much deeper, and left a legacy that took us decades to remove,” he said. Lawrence added that despite the depth of the global recession, he remained optimistic about the decisions that national leaders have made about...

Author: By Kate A Borowitz, CONTRIBUTING WRITER | Title: Professors Discuss Financial Crisis | 4/8/2009 | See Source »

...last six months you've had a hiatus - paralysis in the Israeli government, problems on the Palestinian side, and a transition going on in America. All these things are now clearing. The next couple of months will determine if we can breathe new life back into this process. No doubt we need to. The question...

Author: /time Magazine | Title: Tony Blair on Restarting the Middle East Peace Process | 4/8/2009 | See Source »

Nobody was sure where Niazamuddin's loyalties lay. The local Afghan army commander was sure he was Taliban, though the U.S. commander wanted to give him the benefit of the doubt. If Niazamuddin was willing to lead a search, that would provide an example of solid leadership in a town riven by extremist sympathies. But Niazamuddin had gone back on his offer. If members of the Taliban found out he had led the Americans to suspicious houses, he said, they would kill him. The operation's leader, 1st Lieut. Glenn Burkey, exploded with frustration. U.S. forces had taken gunfire from...

Author: /time Magazine | Title: The U.S. in Afghanistan: The Longest War | 4/8/2009 | See Source »

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