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...scheduled to start Oct. 1, he and his advisers have made it clear they would impose what Secretary of State Hillary Clinton called "crippling" sanctions if Iran did not heed international demands. Without the threat of such sanctions, key Administration policymakers believe, Iran will have little incentive to give anything up, whether or not they are engaged in talks. (See pictures of the protests against Iran's election around the world...

Author: /time Magazine | Title: Will Germany Back Obama's Iran-Sanctions Coalition? | 9/21/2009 | See Source »

...wide-ranging interview with TIME, Abdullah rejected all talk of compromise over the disputed poll. Unofficial results give Karzai 54.6% of the vote and Abdullah just 27.8%. But European observers say that at least 1.5 million ballots - more than one-third of the total - may have been fraudulent. If, as opponents and foreign observers allege, most of the tainted ballots turn out to be for Karzai, that could drop the President below the 50% mark. "The international community has to ask itself: Will it tolerate this massive fraud?" Abdullah asks...

Author: /time Magazine | Title: Why Karzai's Rival Abdullah Won't Budge on Runoff | 9/21/2009 | See Source »

...other parties with a stake in the result, including the U.S., would prefer a runoff. Washington has grown disenchanted with Karzai's dithering, corruption and tribal nepotism over the past few years and believes that a free election is required to give the country a chance at rebuilding. Even if Karzai wins a second round, they say, if it's seen as free and fair at least his position will have some legitimacy...

Author: /time Magazine | Title: Why Karzai's Rival Abdullah Won't Budge on Runoff | 9/21/2009 | See Source »

...most liquid in the world. Plus, we, like the Japanese before us, have no real interest in seeing your interest rates rise and growth slow, particularly not now, and that's what would happen if we went on a T-bill buying strike.) But holding your debt does give us leverage, and we have some decisions to make now. Specifically, we'd like to diversify our purchases because the dollar is getting weaker by the day and we want hard assets. Companies, land, buildings, amusement parks, golf courses, whatever. Our sovereign wealth fund - the China Investment Corp. - is already looking...

Author: /time Magazine | Title: What China's Hu Would Really Like to Tell Obama | 9/21/2009 | See Source »

...annoyed as you have by the Dear Leader, Kim Jong Il. But last week I sent my personal envoy, Dai Bingguo, to Pyongyang, and we told him again that the time has come to sit down and negotiate with you directly. We'll host the talks in Beijing to give you a fig leaf of multilateralism, if you still care about that. But I'm assuming you'll now get on with the business of ... how did your Defense Secretary, Mr. Gates, put it? Oh yes: 'Buying the same horse twice.' (Read more about Robert Gates...

Author: /time Magazine | Title: What China's Hu Would Really Like to Tell Obama | 9/21/2009 | See Source »

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