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...end, some economists believe that a coordinated global exit strategy, especially in regard to monetary policy, will ultimately happen, but by default. The Federal Reserve holds so much influence in the world economy that other central banks might be wary of deviating too far from its policy. "The nature of the coordination is not that bankers sit around a table and do things together," says the University of Leuven's De Grauwe. "The nature is that some of the big guys make a move and force everyone to move." In the global recovery, as in the downturn, everyone may sink...
Supporters of President Obama have learned this year that the realities of government rarely live up to expectations. One group particularly angered by the White House's lack of action are activists and lobbyists for Darfur, who backed him in last year's election and wanted quick action to end the killing and start fixing the humanitarian disaster in the troubled Sudanese region. Frustrated by the absence of an official policy, groups such as the Save Darfur Coalition, the antigenocide advocacy organization the Enough Project, and Humanity United, a California foundation that provided a significant portion of the money behind...
...Perhaps the President read one of those newspapers. On Oct. 19 the White House released its much delayed Sudan policy. It proposes a series of "incentives and pressures" designed to encourage the government of Sudan to end the slaughter of civilians in Darfur and credibly implement the 2005 peace agreement between the Arab north and the animist and Christian south. While the exact carrots and sticks remain classified, advocacy groups have responded to the overall approach with cautious optimism. The Save Darfur Coalition released a statement saying it cautiously welcomes the new policy but that "its success will depend...
...once was - mortality rates there are far lower than those in south Sudan, which is where advocacy groups say the next major crisis will be. This puts the advocacy groups in a tight spot. They no longer have the cachet and spotlight they once had. (Read "Will Sanctions End the Darfur Killing...
...question now is whether the government of Sudan - and the many fractious rebel groups - will make the right moves and end the humanitarian catastrophe in Darfur and prevent renewed fighting between north and south. (See a TIME video on Sudan...