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...member PERAB, which meets by conference call most Fridays, is best known for its leader, former Federal Reserve Chairman Paul Volcker, who has persuaded Obama to take a more aggressive approach to banking regulation. But it also includes several executives whose firms stand to benefit from more federal funding of green technology - people like General Electric's Jeffrey Immelt and Caterpillar's James Owens, both of whom supported John McCain. Doerr took the lead on the group's energy subcommittee, drafting a 2009 memo that called for increasing fees on carbon pollution and changing rules to encourage electric utilities...

Author: /time Magazine | Title: How Fundraising Helped Shape Obama's Green Agenda | 3/15/2010 | See Source »

...hold office - rather than letting only the political parties stuff the lists of candidates - anyone and everyone seems to be running for parliament. There are about 6,000 candidates for 325 seats, and some 86 parties taking part in the election. The sectarian and ethnic political parties whose leaders tore the nation apart are still the country's most powerful, but they have joined in loose multiethnic and multisectarian coalitions. "Obviously there are still going to be candidates who just parrot what their leader says, but that's not going to be as effective this time," says an official with...

Author: /time Magazine | Title: Iraq's Messy Democracy | 3/15/2010 | See Source »

...Iraq," says an al-Maliki aide. "Unless the U.S. is behind it." But with a date set for the end of the American occupation, U.S. influence in Iraq is already waning. Ironically, the best proof of that is the rise, once again, of Ahmad Chalabi. The formerly exiled leader of the Iraqi National Congress - an anti-Saddam dissident group - helped the Pentagon plan the invasion of Iraq and was the candidate of U.S. neoconservatives to be the country's new leader. Chalabi fell out with the U.S. in 2004 and has reinvented himself as a Shi'ite nationalist allied with...

Author: /time Magazine | Title: Iraq's Messy Democracy | 3/15/2010 | See Source »

...Zakir, meanwhile, was engaged in hunger strikes to protest what he claimed was the guards' "disrespect to the Koran." Throughout his interrogation, he managed to hide the fact that he had been one of Taliban leader Mullah Omar's trusted deputies and a front-line commander against the forces of Northern Alliance chieftain Ahmed Shah Masood. Zakir duped his interrogators into believing that he was a nobody who had been dragooned into the ranks of the Taliban and who had never even heard of Osama bin Laden. All Prisoner No. 8 wanted, he told a military review board...

Author: /time Magazine | Title: Tale of Two Taliban Reveals U.S. Dilemma | 3/15/2010 | See Source »

...came under strain again in January after Obama approved a $6.4 billion arms package to Taiwan, the self-ruled island that China considers part of its territory. A month later, Obama met the Dalai Lama at the White House, further angering the Chinese, who consider the exiled Tibetan spiritual leader to be a "splittist" who advocates independence for Tibet. Wen blamed the U.S. for the recent difficulties, specifically citing the Taiwan arms sale and the Dalai Lama meeting. "The responsibility for the serious disruption in U.S.-China ties does not lie with the Chinese side but with...

Author: /time Magazine | Title: China Takes Aim at the U.S. on Currency Conflict | 3/15/2010 | See Source »

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