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...been unable to meet their overly ambitious rent roll increase targets, and many of these investments are in danger of buckling under the high debt servicing costs. Finance industry watch lists are already full of private-equity-financed deals in danger of default. That has local officials scrambling to find "preservation buyers" who are willing to take on these properties with the expectation of a more modest 7%-8% annual return...
...jihadist tendencies in the same way he wore his Army uniform. He allegedly proselytized within the ranks, spoke out against the wars his Army was waging in Muslim countries and shouted "Allahu akbar" (God is great) as he gunned down his fellow soldiers. Those who served alongside Hasan find the Pentagon review wanting. "The report demonstrates that we are unwilling to identify and confront the real enemy of political Islam," says a former military colleague of Hasan, speaking privately because he was ordered not to talk about the case. "Political correctness has brainwashed us to the point that...
...Dujarric: "Prosecutors, from time to time, like to indict someone powerful. It was done in the era of LDP, and now Ozawa is getting a visit." Toshikawa says it's possible that a special investigation team will search Ozawa's home in early February. And depending on what they find, he says, it might lead to Ozawa's arrest...
Most Sunnis boycotted the last election, only to find themselves shut out of the country's subsequent political process while politicians with ties to Shi'ite militant groups took important posts. Civil war ensued after Shi'ite hard-liners sought payback for the years of oppression under Saddam's Sunni-dominated regime, while Sunni hard-liners took up arms against the new government. Luring Sunni parties back into politics was one of the cornerstones of the successful realignment of American policy toward Iraq, one that was reinforced by the surge of American forces in Baghdad. It led to a steady...
...American officials are heading back into the breach, and Biden back to the phones, hoping to find a compromise before the confrontation escalates and endangers the election itself. The U.S. - which has promised to withdraw all its combat troops from Iraq by Aug. 31 and all remaining soldiers by 2011 - has tied the timing and pace of withdrawal to the successful completion of this election. Though it is unlikely that Sunni parties will again boycott the election or return to violent tactics, the parliament's sleight of hand could be a warning that however much the White House...