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...will collapse." Load-shedding - as much as 18 hours a day in some areas - has brought production lines in key employment sectors such as textile-manufacturing to a standstill. Rising oil prices had been mitigated by government subsidies during much of Musharraf's tenure, but such subsidies can no longer be sustained. The cost of fuel - used for both transportation and energy production - jumped 17.7% in March, echoed by a 20.6% leap in food-price inflation. The price of bread has nearly doubled. So has the cost of a haircut and a shave on the streets of Karachi. "What...

Author: /time Magazine | Title: Dangerous Ground | 7/10/2008 | See Source »

...billion aid package to Pakistan, including a "democracy dividend" of $1 billion, over the next four years to help the civilian government with education reform, health care and infrastructure. It's a welcome move, but opening up the U.S. market to Pakistani products such as textiles would provide a longer-term - and taint-free - solution. The chorus among businessmen and analysts across the country is "trade, not aid." The U.S. presence in Pakistan, particularly in the FATA, is viewed with suspicion. American Predator drone attacks on apparent al-Qaeda targets have claimed scores of civilian lives, and the Pakistani military...

Author: /time Magazine | Title: Dangerous Ground | 7/10/2008 | See Source »

...longer check my cell phone’s digital display because knowing the hour doesn’t really do me much good. I have no choice here but to live, not by minutes but by moments. In the States, time feels like it’s bearing down on me: I’m always running late, I should be eating lunch already, and I can’t possibly get it all done. But in Barcelona, every second is an opportunity. It’s noticing the one cracked tile on a mosaicked café tabletop...

Author: By Molly M. Strauss | Title: Time Out of Time | 7/9/2008 | See Source »

...Czech counterpart, Karel Schwarzenberg, signed an agreement in Prague for the radar's move, which the U.S. says is designed to warn of missiles headed toward Europe from Iran. "We face with the Iranians, and so do our allies and friends, a growing missile threat that is growing ever longer and ever deeper and where the Iranian appetite for nuclear technology to this point is still unchecked," Rice said after inking the pact. "It's hard for me to believe that an American President is not going to want to have the capability to defend our territory [and] the territory...

Author: /time Magazine | Title: Saber-Rattling from Iran and Russia | 7/9/2008 | See Source »

...Mandela is no longer comfortable with inquiries or favors. He's fearful that he may not be able to summon what people expect when they visit a living deity, and vain enough to care that they not think him diminished. But the world has never needed Mandela's gifts - as a tactician, as an activist and, yes, as a politician - more, as he showed again in London on June 25, when he rose to condemn the savagery of Zimbabwe's Robert Mugabe. As we enter the main stretch of a historic presidential campaign in America, there is much that...

Author: /time Magazine | Title: Mandela: His 8 Lessons of Leadership | 7/9/2008 | See Source »

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