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...observers of Pakistan's turbulent years could not help but notice the irony. When Sharif's government fell, delighted Pakistanis poured onto the streets to cheer the army's intervention. Now the tables have turned. The civilian coalition government has faced down the former general, and recent opinion polls establish Sharif as the country's most popular politician...

Author: /time Magazine | Title: In Pakistan, Musharraf Bows Out | 8/18/2008 | See Source »

...Taiwan people tell us they worry that closer ties with China will dilute the character of Taiwan, which is freer, more spirited, more independent. I wouldn't worry about that at all. It is a golden opportunity for Taiwan - not just to make money but to also establish [greater] friendship with mainland people. The education ministry has decided to recognize mainland diplomas and many mainland students will come to Taiwan to study. I want young people from the two sides to get to know each other at a relatively early stage of their lives. This is the best...

Author: /time Magazine | Title: The World According To Ma | 8/14/2008 | See Source »

...wouldn't worry about that at all. Almost every country in the world welcomes mainland tourists. It is a golden opportunity for Taiwan not just to make money but to also to establish more friendships with mainland people. The education ministry has also decided to recognize mainland diplomas and many mainland students will come to Taiwan to study. And that is also my policy. I want to make young people of the two sides have an opportunity to get to know each other at a relatively early stage of their lives. This is the best way for mutual understanding...

Author: /time Magazine | Title: Talking to Taiwan's New President | 8/11/2008 | See Source »

...Russia's outlook on the events in Georgia will be shaped by its refusal to fully accept Georgia's independence. Russia has long sought to re-establish influence in Georgia and prevent it from joining NATO (a move Russia sees as part of a hostile encirclement by the West), and also to prevent the oil pumped to Turkey from Azerbaijan and elsewhere in Central Asia from bypassing Russian control. Georgia claims that Russian planes have in recent days bombed the strategically important oil pipeline that transits Georgia. The pipeline actually had been inoperative since Aug. 6 as a result...

Author: /time Magazine | Title: Moscow's Dangerous Game in Georgia | 8/10/2008 | See Source »

...behind even its closest neighbors, Thailand and Vietnam. As domestic and foreign direct investment modernize the country, the loans of MFIs will surely be utilized in more creative ways. Microfinance does have its merits. It provides one of the only means for women in certain societies to establish a self-sufficient lifestyle. It is also overwhelmingly used to the benefit of both men and women as the only way to provide income stability. For instance, sickness or drought can dramatically disrupt the work cycle of people living on less than a dollar a day, and microcredit can provide a respite...

Author: By Charles A. Lacalle | Title: Finance in the Third World | 8/8/2008 | See Source »

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