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...legal process by which one country returns a fugitive to another country where that person has been accused or convicted of a crime. It's often a lengthy and complicated procedure whose specifics are determined through treaties signed by individual governments. Generally, extraditions apply only crimes that exist in both countries, and to people hiding out in nations other than their own. (Governments almost never surrender their own citizens, hence Polaski's ability to evade arrest for over 30 years.) Political crimes are rarely extraditable because countries don't want to be accused of aiding a coup or opposing...

Author: /time Magazine | Title: Extraditions | 9/30/2009 | See Source »

...supplementary risk," says Ariane Obolensky, managing director of the French Banking Federation. But the tide is against such critics. As Stark of the ECB put it in a speech this month, "the simple statement that 'if banks are too big to fail, they are probably too big to exist' is a reasonable rule." The postcrisis financial system, he predicted, "will probably place greater emphasis on traditional banking activities, which tend to produce lower margins, but are also more robust, less risky and less volatile...

Author: /time Magazine | Title: Braking the Banks | 9/28/2009 | See Source »

What we've learned from psychology is that certainty is not an objective reality but an emotional one; our certainty has more to do with our own inner state than any outer one. And these toxic certainties of today--on the right and the left--exist in the age of 24-hour cable, the Internet and Twitter, where people on the edge of the national conversation can jostle their way to the center...

Author: /time Magazine | Title: All the Rage | 9/28/2009 | See Source »

...conflict between Israel and the Palestinian people you have advocated a one-state solution. Many people criticize that kind of idea as something that would lead to the end of Israel as a Jewish state, a homeland for the Jews. Do you believe that Israel has a right to exist as a Jewish state? I am keen and anxious for the safety of both the Jews and the Palestinians...

Author: /time Magazine | Title: Exclusive Interview: Gaddafi on Obama, Israel and Iran | 9/25/2009 | See Source »

...fighting or struggling against their own friend - the Arabs. The Arabs did not do the Holocaust, and the Arabs are not the Romans who persecuted them or massacred them. The only way open for them is to accept the Arabs and to accept to live with them, to co-exist with them. Because the establishment of a pure Hebrew state is not in their own interest. That would be a target. Their protection comes from being part of the Arab scene. Mixing with the Arabs. I believe that the youth supports me, supports my idea ... Investors would prefer this mixing...

Author: /time Magazine | Title: Exclusive Interview: Gaddafi on Obama, Israel and Iran | 9/25/2009 | See Source »

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