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...work of the terrorist group Jemaah Islamiah, which was responsible for the 2002 Bali attacks that killed 202 people. The blasts were condemned by President Susilo Bambang Yudhoyono, who had kept the group at bay for four years after taking office and was re-elected just nine days earlier...
...other country, with any other company, at any other time, it might be considered a routine case of corporate espionage. But the arrests earlier this month of four employees of the mining giant Rio Tinto have thrown relations between China and Australia into an uproar and cast a dangerous chill on China's foreign business partners. On July 5, the Shanghai State Security Bureau arrested Rio Tinto executive Stern Hu, a Chinese-born Australian, and three Chinese employees on suspicion of stealing state secrets. While China's murky criminal-justice system makes it difficult to unearth any specifics...
...1950s and early 1960s, but I have a firsthand sense of what that era looked and felt like, and the ways in which it looked and felt different than the late 1960s and 1970s, and in turn how life since the 1980s has looked and felt compared to those earlier times. I've watched a quarter of all U.S. Presidents in action. This is the sixth recession I remember, and the ninth of my lifetime. Simply by living, one registers historical data points, and draws conclusions...
...History doesn't repeat itself," Mark Twain is supposed to have said, "but it rhymes." What's happening right now is not a repetition of 1932, when the Dow Jones Industrial Average had dropped 90% from its peak three years earlier and the unemployment rate exceeded 23%. But now most definitely rhymes with then: the crash, the severe economic contraction and crisis, the graceful new Democratic President (and First Lady), the possibility of a serious reshaping of not only our economic and financial systems but the ways that Americans think about their country and themselves...
...there are other, less familiar historical moments that also have unmistakable resonance with the present. We've just finished living through a long Gilded Age, in which rich Americans got richer, and more and more people began consuming conspicuously. The original Gilded Age began a century earlier, in the 1870s, during a laissez-faire boom that lasted - déjà vu! - from the end of one Wall Street and banking meltdown (the Panic of 1873) to the beginning of another (the Panic...