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...been working diligently to free Shalit, Israeli politicians have also been wary of appearing too eager to negotiate for his return. The price Hamas has demanded for his release is high: 1,000 Palestinian prisoners, many of whom Israel considers to be dangerous terrorists. Hamas also wants Israel to lift its blockade of the territory before the next Palestinian elections, tentatively set for early next year. But Israel fears that giving in to the demands on the prisoners will encourage Hamas to capture more soldiers in the future. And as much as the Israeli public is clamoring for Shalit...

Author: /time Magazine | Title: Hamas Releases Tape of Captured Israeli Soldier | 10/2/2009 | See Source »

...from the Montenegrin capital of Podgorica. Although the range's highest peak, Crna Glava (Black Head), is only 7,018 ft. (2,139 m), the amount of snowfall and variety of terrain in Jezerine will surprise you. While relatively small compared to many European resorts - there are only five lifts, although a high-speed quad is being built - Jezerine's tree-skiing, powder and lack of crowds make it truly exceptional. In March, under blue skies with flurries of light, cold snow, it was possible to ski untracked powder all day, on groomed trails and through the trees, with fewer...

Author: /time Magazine | Title: Montenegro: Europe's New Ski Destination | 10/1/2009 | See Source »

...dollar didn't always enjoy the dubious honor of being the global currency a trader could most cheaply borrow. For much of the last decade Japan has been the world's largest moribund economy, with an economy so weak the Bank of Japan never dared to lift interest rates significantly above zero. During this time the Japanese yen was the currency traders loved. No longer, it seems. "The yen has become the least obvious carrying currency," says Credit Suisse's Desbarres, mainly because the near-zero interest rates Japan once exclusively offered are now available from central banks across...

Author: /time Magazine | Title: Who Loves the Weak Dollar? Currency Traders | 9/30/2009 | See Source »

...Such laments are common among older Ossis. They get short shrift from Niebank. Life after she settled in West Berlin didn't prove easy - she divorced in 1970. She has worked hard and dutifully shelled out her "solidarity taxes" to lift the eastern German economy. "We had to pay for the East," she says, "but they're full of envy." Young Germans, she says, have moved on. "My sons have absolutely no interest in history. They've never asked me about how I survived the war and they're not interested in the Wall," says Niebank. "Young people think...

Author: /time Magazine | Title: Germany's Election: Divided They Stand | 9/21/2009 | See Source »

...plan works, it'll help the U.N. out of a dilemma of its own making. Back in 2000, the U.N. agreed on a set of lofty targets known as the Millennium Development Goals that aimed to lift African nations and other poor countries out of their cycles of poverty, illiteracy and disease by 2015. But of the $150 billion development assistance pledged by governments, just $104 billion has been provided. Douste-Blazy believes that only individual philanthropy will be able to make up the shortfall. "The architecture of development is changing," Douste-Blazy tells TIME. (Read "U.N. War Crimes Allegation...

Author: /time Magazine | Title: New Airline-Ticket Tax to Aid the Developing World | 9/18/2009 | See Source »

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