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Similar doubts exist about the official story in the Pakistan bombing case. French counterterrorism officials have been privately airing their skepticism about jihadist responsibility for the 2002 attack for months. In June, word leaked to the press that the investigating magistrates handling the case had all but abandoned the idea that al-Qaeda was behind the bombing. Lawyers representing families of the attack's French victims told reporters they'd received a briefing by Trévidic and fellow judge Yves Jannier in which they were told that Pakistani officials may have organized the strike. This new theory hinges...

Author: /time Magazine | Title: Could Seven Dead Monks Upset President Nicolas Sarkozy's Bold Plans To Remake France's Legal System? | 7/16/2009 | See Source »

...said and done, Russia's leaders may tell Obama they just don't have that much leverage in Tehran. "Iran is not North Korea, and Russia is not China," says Dmitri Trenin, director of the Carnegie Moscow Center. "That level of dependence and influence simply doesn't exist...

Author: /time Magazine | Title: The Challenge That Awaits Obama in Moscow | 7/13/2009 | See Source »

...bankruptcy, it should have been shut down. There's all this capacity in the production of cars, but there isn't a market that can absorb all that these firms are prepared to produce. If jobs are lost, then jobs are lost because these are firms that cannot exist, because there is insufficient market demand for their product. And if there is no such market demand, they should not be allowed to exist. Let the market decide if these firms deserve to exist. Government should not be the one who's the arbiter...

Author: /time Magazine | Title: Advice from an Economist Who Saw 1929 | 7/9/2009 | See Source »

...Having demonstrated his skills at conquering the electorate at home, SBY is expected to use his second term to project the country's power overseas as a country where Islam, democracy and modernity can peacefully, and successfully, co-exist. "We have the capital to be a moderate Muslim nation and now we also have the government," says Wimar. This, he emphasizes, is because his re-election was fully democratic in an exercise that international observers didn't even feel the need to monitor, as they did in 2004. "This shows that Indonesia is moving to a place where it doesn...

Author: /time Magazine | Title: What Indonesia's President Needs to Do | 7/9/2009 | See Source »

...aren't obliged to respect similar rules. But while U.S. efforts are underway to bolster the policing of hedge funds - and the meaning of equivalent regulation is still to be defined at the E.U. level - as it stands, "regulatory equivalence between the United States and European countries does not exist," says Andrew Baker, CEO of AIMA. "As of the date of introduction of that measure, you would have a lock out of all American managers from the European Union." That limits investors' choice, Baker says, especially since almost all E.U.-based managers market funds domiciled outside the region. (Read...

Author: /time Magazine | Title: Should Hedge Funds Face Harsher Regulation? | 7/8/2009 | See Source »

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