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...Chinese paid up.) More foreigners could get caught in the cross fire. Next year, Burma's generals will oversee nationwide elections, two decades after they ignored the results of the last polls. But for the cease-fire groups to participate in the balloting, the junta requires them to give up their guns. For many ethnic organizations, the KIO included, that's not acceptable. Between sips of whiskey chased by Red Bull, a gun runner in the Kachin capital Myitkyina tells me that he's fielding more orders for Chinese-made arms from various ethnic insurgent groups. "We have to defend...

Author: /time Magazine | Title: The Scramble For A Piece of Burma | 3/19/2009 | See Source »

...Continental Europeans, with sounder banks and less fiscal room for maneuver, are rejecting U.S. calls to spend more; the U.S. and Britain, anxious not to kill off laissez-faire capitalism, are reluctant to cede to European demands for tougher global financial regulation. The old G7 countries are pushing to give the International Monetary Fund a financial boost; others distrust the IMF and want a much greater say in how it's run. Many complain that it's impossible to work with Washington because the new Administration isn't yet running smoothly...

Author: /time Magazine | Title: The G20's Chance Meeting | 3/19/2009 | See Source »

...explains this strange reversal of everything we know about the sad fate of victorious alliances in the past? The correct answer is this: The old lady may be 60, but she is not 
 only bouncy but also functional. Why else would so many nations try to court her? Give the nod to Armenia, Azerbaijan, Georgia, Moldavia and Ukraine, and many of the good folks of those lands will be hopping on a plane to Brussels. Not only does nobody want to leave but France, which left NATO's integrated military command 43 years ago, has just now returned...

Author: /time Magazine | Title: NATO: Soldiering On | 3/19/2009 | See Source »

...McGill suited up to outwit her boss in Working Girl in 1988 have big shoulders played such a prominent role in fashion. For fall, designers like Michael Kors, Donna Karan and Stefano Pilati of Yves Saint Laurent showed structured jackets, enlisting the signature '80s power tool to try to give shaky consumers some self-assurance--and, they hope, a reason to shop...

Author: /time Magazine | Title: Strong Suits | 3/19/2009 | See Source »

...proposal may be formulated. Senate Finance Committee chairman Max Baucus is looking at "principles" on how his committee should proceed, and all indications are that he will take the lead on crafting legislation. Reid announced that Baucus "will propose legislation - this will be in the next 24 hours - to give this money back to the taxpayers by subjecting the bonuses to severe tax penalties, more than...

Author: /time Magazine | Title: The AIG Bonuses: Getting Mad and Getting Even | 3/18/2009 | See Source »

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