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...China banned Irish pork, India banned Chinese toys. No fewer than 13 countries have granted subsidies to various parts of the automobile industry. And the bank didn't mention the nasty spat that has broken out between the U.S and Mexico; the U.S. has stopped a program that allowed Mexican trucks on American roads, and Mexico has retaliated with tariff increases. Said World Bank president Robert Zoellick: "Leaders must not heed the siren song of protectionist fixes. Economic isolationism can lead to a negative spiral of events such as those we saw in the 1930s, which made a bad situation...

Author: /time Magazine | Title: Global Trade: The Road to Ruin | 3/26/2009 | See Source »

...intelligence resources to track Mexico's increasingly chaotic mix of drug organizations, at least three of which are fighting for control of Juárez. "Adding resources to fight the weapons flow, the bulk currency shipments, and strengthen intelligence are all welcome moves," says John Bailey, an expert on Mexican drug-trafficking at Georgetown University. "The question is whether the Americans are now putting some kind of long-term policy in place," which was often missing from previous Administrations...

Author: /time Magazine | Title: Obama's Other War: Fighting Mexico's Drug Lords | 3/25/2009 | See Source »

Although the cartel violence has largely left U.S. border towns like El Paso untouched - mainly, say analysts, because the Mexican narcos don't want to provoke Washington into even more severe crackdowns on their lucrative trafficking corridors there - local police say it has begun to leapfrog the border into Sunbelt cities like Phoenix and Tucson in Arizona and even Atlanta. That has set off political alarm bells in Washington, where earlier this year the Pentagon issued a hyperbolic report that called Mexico a "failed state" along with the likes of Pakistan. Nevertheless, says Bailey, "the general feeling is that...

Author: /time Magazine | Title: Obama's Other War: Fighting Mexico's Drug Lords | 3/25/2009 | See Source »

Washington will have at least started that process when Secretary of State Hillary Clinton arrives in Mexico today for a two-day visit. In response to growing fears both in Washington and along the border that Mexican drug violence is spilling over to U.S. soil - Attorney General Eric Holder recently called the cartels a "national security threat" - the Obama Administration on Tuesday unveiled a border-security plan that will put more than 500 federal agents in border states. More significantly, the plan calls for stronger measures to reduce U.S. narco-demand, cut off weapons-smuggling into Mexico and lasso more...

Author: /time Magazine | Title: Obama's Other War: Fighting Mexico's Drug Lords | 3/25/2009 | See Source »

...Merida project was designed to support Mexican President Felipe Calderón's two-year-old offensive against the cartels, which has had to rely on the Mexican military, given the corruption and incompetence of most Mexican police forces. Seven thousand troops now patrol Juárez. The Merida Initiative does steer resources to Mexico's fledgling police- and judicial-reform efforts, including sorely needed police retraining, but critics say it should do more in that area, since professionalized cops are the long-term solution to the crisis. Then again, that responsibility is Mexico City's, not Washington's. Clinton...

Author: /time Magazine | Title: Obama's Other War: Fighting Mexico's Drug Lords | 3/25/2009 | See Source »

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