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As Commerzbank and Allianz appeared to be moving closer to a deal, another obstacle emerged. The state-owned Chinese Development Bank signaled its interest buying Dresdner at a premium. Some Allianz shareholders, and Dresdner's insurgent executives, appear to have been pushing for a deal with CDB. But, according to...

Author: /time Magazine | Title: The German Merger Against the Odds | 9/1/2008 | See Source »

One local rebel leader in particular - known as Commander Bravo - has a reputation for defying MILF leadership to carry out daring, bloody military strikes. In 2003, during the last major flare-up of violence in the area, Bravo's soldiers robbed and murdered at least 16 civilians. In interviews, Bravo...

Author: /time Magazine | Title: Philippines' Uneasy Peace Broken | 8/21/2008 | See Source »

Since the 1960s, more than 120,000 people have been killed in the southern Philippines as Islamic separatists have battled government troops for control of parts of Mindanao. But this week's bloody events have pushed the region closer than ever to all-out war. On Aug. 20, the Philippine...

Author: /time Magazine | Title: Philippines' Uneasy Peace Broken | 8/21/2008 | See Source »

Only a few weeks ago, the decades-long conflict between the government and separatist fighters seemed to be inching toward a political solution. On Aug. 4, negotiators for the Philippine government and the main insurgent group, the Moro Islamic Liberation Front (MILF), struck an agreement that would have set boundaries...

Author: /time Magazine | Title: Philippines' Uneasy Peace Broken | 8/21/2008 | See Source »

But the progress in Samarra, like much of Iraq, is precarious. Though insurgent attacks have dropped dramatically, "the biggest concern now is unemployment, because it directly affects the security situation," said General Mohammed. And reconstructing the shrine is central to the prospects of a city whose economy has for years...

Author: /time Magazine | Title: Reconciliation at Iraq's Ground Zero | 8/6/2008 | See Source »

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