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...role of the army is one of the most important factors in the crisis now facing Pakistan. The first coup under General Ayub Khan might have been justified under the circumstances, but having tasted power, the army went on to undermine the authority of elected governments and attain a privileged position in the country. Portraying India as the permanent enemy justified the allocation of a huge percentage of national GDP for defence. The army, particularly during the period of General Zia ul-Haq, also engaged in systematic Islamization of the state by bringing in the Wahabi concept of Islam from...

Author: /time Magazine | Title: The Problem with Pakistan | 6/15/2009 | See Source »

...watching the results of the Indian general election when my copy of TIME was delivered. On one side of the border Indian political leaders were gracefully accepting defeat and congratulating the winners, while their neighbors on the other side of the border were struggling. Yes, India has more problems than Pakistan but it has decided to resolve them democratically. Pakistan needs to learn from India or her days are numbered. Navin Joshi, LONDON...

Author: /time Magazine | Title: The Problem with Pakistan | 6/15/2009 | See Source »

...Today, as giants like General Motors tumble into bankruptcy and others like Sony struggle with historic losses, smaller rivals are maneuvering for their market share. On the following pages, TIME looks at the key strategies of four companies that are seizing opportunity amid turmoil...

Author: /time Magazine | Title: Storm Riders | 6/15/2009 | See Source »

...BILLIONS: $639 Lehman Brothers $328 Washington Mutual $104 WorldCom $82 General Motors...

Author: /time Magazine | Title: Spotlight: The Future of GM | 6/15/2009 | See Source »

...spot in the Chinese economy. As Chinese grow richer, they want more convenient means of transportation. But not everyone can afford a car. "Motorcycles are too dangerous, cars are too expensive, public transportation is too crowded and pedal bikes leave you too tired," says Hu Guang, Xinri's deputy general manager. "So people buy e-bikes...

Author: /time Magazine | Title: On the Streets of China, Electric Bikes Are Swarming | 6/14/2009 | See Source »

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