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Not everyone sees the program as a win-win. Economist David Rosenberg at Toronto investment firm Gluskin Sheff worries that today's sales boost could lead to tomorrow's sales slump. He likens the current cash-for-clunker boost to the 0% financing that automakers introduced in the aftermath of...

Author: /time Magazine | Title: Automakers Give Rave Reviews to 'Cash for Clunkers' | 8/4/2009 | See Source »

Certainly, 1968 was an important date, but 1989 has a greater significance. As you said, there was not much violence and few deaths. This is a miracle. The whole situation could have got out of control and ended up in carnage or civil war. Many people from eastern Germany today...

Author: /time Magazine | Title: Russia and the U.S. | 8/3/2009 | See Source »

At first glance, the Obama Administration's Afghanistan policy doesn't seem to make sense. It is escalating military involvement in a conflict its own officials freely admit can't be won on the battlefield - and this despite the growing cost in blood and treasure and an awareness of the...

Author: /time Magazine | Title: Does the U.S. Have an Exit Strategy in Afghanistan? | 8/3/2009 | See Source »

Just a few years ago, five young men in a room in Sierra Leone would have meant trouble. It was men in their teens and their 20s - but also, tragically, children even younger - who made up the Revolutionary United Front, a ragtag armed militia supported by Liberia's President Charles...

Author: /time Magazine | Title: Singing to Stop the Fighting in Sierra Leone | 8/3/2009 | See Source »

In Britain, however, the war in Afghanistan has led to soul-searching over the role of the country's troops not only in NATO but in the wider world as well. Still shaped by its fortitude in the "good war" against the Nazis, Britain has had its conception of its...

Author: /time Magazine | Title: Britain's Soul-Searching Over Its Role in Afghanistan | 8/3/2009 | See Source »

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