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...news seems to reinforce the sense of Iraqi dependence on the U.S. Every day U.S. dollars stand up Iraqi institutions. U.S. assistance has facilitated a major power-generator deal with GE. Provincial reconstruction teams are working locally to enhance agriculture. U.S. military press releases announce the graduation of Iraqi police- and army-academy classes...

Author: /time Magazine | Title: Bombs in Baghdad Make the U.S. an Election Issue | 8/19/2009 | See Source »

Mexican law-enforcement triumphs always seem to greet visits by top U.S. officials. When U.S. Homeland Security Secretary Janet Napolitano and U.S. Attorney General Eric Holder arrived in Mexico City this year, a major drug-cartel kingpin was suddenly arrested. As President Obama met with Mexican President Felipe Calderón this month in Guadalajara, an alleged narcoplot to assassinate Calderón was foiled. Such spectacular collars are laudable, of course, but they're also timed to impress lawmakers in Washington who control hundreds of millions of dollars in U.S. antidrug aid for Mexico...

Author: /time Magazine | Title: Mexico's Drug War: A Cops and Choppers Story | 8/19/2009 | See Source »

...there will be plenty to buy. "There's probably a lot of financial institutions that hold mortgage debt today that just can't hold it long-term and will eventually have to be sellers, whether it's regional banks or major financial institutions that need to deleverage," says Greg Ressa, a partner and head of real estate at Simpson Thacher & Bartlett LLP. (See 25 people to blame for the financial crisis...

Author: /time Magazine | Title: New REITs Pounce on Distressed Mortgage Assets | 8/18/2009 | See Source »

...When Nupedia was created in 2000, the plan was for it to feature expert-written, peer-reviewed content. But it suffered from a major problem: a lack of speed. In its first six months, only two articles made it through the process. To spur better production, Sanger suggested creating a counterpart that anyone could contribute to without editorial review. Wikipedia.com went live on Jan. 15, 2001, and the new model quickly eclipsed its older sibling. By the end of the first year, Wikipedia contained more than 20,000 articles in 18 languages. Since then, the site has grown rapidly, swelling...

Author: /time Magazine | Title: Wikipedia | 8/18/2009 | See Source »

...stakes over the next two weeks are high. The ruling Liberal Democratic Party (LDP), a long defender of the pre-internet election law that more or less limits campaign materials to postcards, posters and leaflets, is in fierce competition with the major opposition party, the Democratic Party of Japan (DPJ). Both parties want to attract young voters, who are increasingly seen as crucial in winning this month's polls. Recent polls show the DPJ ahead of the LDP by a margin of about 15 points: 34.6% to 20%, according to Tokyo Shimbun; 32.6% to 16.5%, according to Kyodo News...

Author: /time Magazine | Title: Japan's Twitter-Free Election Campaign | 8/18/2009 | See Source »

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