Word: ladenism
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...which begs the question, is it worth the ghost hunt we've been on since September 11? There has not been a credible sighting of Osama bin Laden since he escaped from Tora Bora in October 2001. As for al-Qaeda, there are few signs it's even still alive, other than a dispersed leadership taking refuge with the Taliban. Al-Qaeda couldn't even manage to post a statement on the Internet marking September 11, let alone set off a bomb...
...troubles, for example, began with big losses in its mortgage-laden investment portfolio. But its current crisis has to do with its big position in credit default swaps - securities that allow one to bet on or insure against a company's failure. If the credit-rating agencies downgrade AIG's debt, as is considered likely, it will be forced by the terms of the credit default swaps in its portfolio to cough up so much cash that its survival would be in danger, the New York Times reported lastnight...
...questions the North's neighbors would much rather postpone." In other words, neither China nor South Korea want to see a chaotic transition, in part because that might mean tens of thousands of refugees pouring across their borders, or, in the worst case, a civil war in the WMD-laden North that might require U.S. intervention - Beijing's absolute worst-case scenario...
...terrorism has moved from Afghanistan to Iraq and back again, there is a widely dawning realization that its central front is actually Pakistan. Here in the mountainous northwestern fringes of the nation, where a fierce tribal code values honor and the protection of guests, that Osama bin Laden and his key lieutenants are thought to be hiding. From these tribal areas, al-Qaeda and remnants of the Afghan Taliban, protected by their Pakistani friends, have launched attacks into Afghanistan, dragging the U.S. and its allies into a shadow war on some of the least hospitable terrain on earth. On Sept...
...raise questions the North's neighbors would much rather postpone." Neither China nor South Korea want to see a chaotic transition, in part because that might mean tens of thousands of refugees pouring across their borders, or, in the worst case, some sort of civil war in the WMD-laden North that might require U.S. intervention. That, indeed, is Beijing's absolute worst-case scenario...