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...economy? Well, a few economists - Ian Shepherdson of High-Frequency Economics and Ed Hyman at ISI Group Inc., if you're keeping tabs - tell the Wall Street Journal the recession has already bottomed. Consumer spending, even among the unemployed, will be stronger than we think, they say - and though the recovery will be indeed be slow, it may have already begun. The National Association of Purchasing Managers, on the other hand - these are the people who are responsible for that all-important rebound in capital spending we're waiting for - reported the results of their 62nd semiannual survey Tuesday...

Author: /time Magazine | Title: One More — Now Into the Breach | 12/11/2001 | See Source »

PAKISTAN Intelligence agency ISI includes some Taliban supporters. The U.S. has griped recently that Pakistan hasn't shared much info, particularly on bin Laden. Last month the top ISI officer was replaced by a moderate, who promised full cooperation with...

Author: /time Magazine | Title: Sharing Secrets | 11/12/2001 | See Source »

...hoped that the war against terror would treat both jihads on par. But the U.S. has decided to ignore the one against India. It needs Pakistan as a strategic ally for its Afghanistan operation, and it especially needs the intelligence available from Pakistan's Inter-Services Intelligence, or ISI, the very body that first sponsored the Taliban. India believes that ISI also sponsors the terrorists in Kashmir. As long as the U.S. works closely with ISI and with Pakistan's military dictator, President Pervez Musharraf, there is no hope that the terrorism directed against us will ever be addressed...

Author: /time Magazine | Title: 'The U.S. Is Ignoring India's War on Terrorism' | 11/5/2001 | See Source »

...Most startling was the premature retirement of trusted friend Lieut. General Mahmoud Ahmad, chief of the formidable Inter-Services Intelligence, or ISI, widely regarded as the country's invisible government. As a staunch patron of pro-Taliban policies, Ahmad is thought to have opposed Pakistan's new alliance with the U.S. Musharraf had reason to fear that segments of the ISI might thwart promised cooperation with U.S. intelligence. And it is said that Musharraf hit the roof when an ISI-linked jihad group devoted to wresting Muslim Kashmir from Indian control took responsibility for a blast in the Indian city...

Author: /time Magazine | Title: The World's Toughest Job | 10/22/2001 | See Source »

...boss of ISI, Lieut. General Ehsan ul- Haq, is regarded as moderate, professional and without political ambition. But some wonder if he is ruthless enough to overhaul an agency still filled with Islamic sympathizers. ISI, says a diplomat, "has to be cut down to size...

Author: /time Magazine | Title: The World's Toughest Job | 10/22/2001 | See Source »

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