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...Alabama was coming to port in Kenya, pirates off Somalia hijacked yet another ship, a tugboat flying under an Italian flag. Sixteen crew were aboard, and ten were Italians...

Author: /time Magazine | Title: Hijacked Ship Back in Port, Its Captain Still a Hostage | 4/12/2009 | See Source »

When the good news broke, Richard Phillips' ship, the Maersk Alabama, blew its horn three times in celebration from where it was docked in the Kenyan port of Mombasa. The crew also set off a red flare and unfurled a huge American flag at the top of the boat. Phillips, the Alabama's captain, had been rescued after nearly five days of captivity in a rescue operation in which three of the four Somali pirates holding him on a lifeboat were killed. The fourth was captured...

Author: /time Magazine | Title: Crew Celebrates as Captain Is Rescued from Pirates | 4/12/2009 | See Source »

...crew was ecstatic when they found out their captain had been saved. Nine of the sailors, one with a U.S. flag draped on his shoulders, came to the stern to share their feelings with reporters. Said one, "He's one of the best men I've ever met. The captain never gave this crew up, not once." Said another: "We're all doing better now... all excited about the captain being free." Indeed, soon after tugboats pushed the Maersk Alabama into port, crew members began to praise Phillips. "He saved our lives!" said one man, identified by The Associated Press...

Author: /time Magazine | Title: Crew Celebrates as Captain Is Rescued from Pirates | 4/12/2009 | See Source »

...years ago, the Chinese called it their Going Out strategy. State-owned companies in key industries were encouraged by the government to plant the flag of Chinese capitalism around the world by purchasing stakes in foreign companies. China was flush with cash and full of optimism--naive optimism, it turned out. Beijing's fledgling sovereign wealth fund China Investment Corp. poured $3 billion into New York City--based private-equity firm Blackstone in return for a 10% stake in the company--just before the bottom fell out of U.S. debt and equity markets. That deal was followed...

Author: /time Magazine | Title: Buying Binge | 4/9/2009 | See Source »

Honest Infidels Blindfolded and handcuffed, the man crouched on the ground, surrounded by Afghan soldiers and their U.S. Marine mentors. He had been found with insurgent propaganda and a Taliban flag and had a bruise on his shoulder - the kind the Afghan soldiers recognized from their days of carrying AK-47s while fighting Soviet forces more than 20 years ago. He said he was an illiterate shepherd, but he had a notebook full of writing. He claimed never to have visited Pakistan, but his mobile phone was filled with Pakistani numbers. Most likely, he was an insurgent...

Author: /time Magazine | Title: The U.S. in Afghanistan: The Longest War | 4/8/2009 | See Source »

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