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November broke some economic records, like the biggest drop in same-store sales, the largest decline in home values, and the longest decline in purchases since record keeping began. A record that probably drew less attention, though, was the one-day sales record for a computer game. In a month when, despite holiday shopping, retail sales actually fell 1.8 percent, Blizzard sold 2.8 million copies of their new World of Warcraft expansion, “Wrath of the Lich King,” at $40 a pop and in just...

Author: By Adam R. Gold | Title: No Recession in this Castle | 12/14/2008 | See Source »

...purported midnight incursion of Indian air force jets into Pakistani airspace Saturday brought tensions between the two nuclear-armed neighbors to an even higher pitch in the wake of the attacks on India's financial capital of Mumbai that killed 171 last month. Within minutes, the Indian jets were chased back by the Pakistani air force, say Pakistani officials, and retired air force commanders interviewed on Pakistani TV swore to defend their nation. The Pakistani air force claimed that Indian planes intruded as much as 2 miles (4 km) into the country, but the government says it accepted Indian assurances...

Author: /time Magazine | Title: Jet-Incursion Flap Highlights India-Pakistan Tensions | 12/14/2008 | See Source »

...scattered the Taliban in the invasion launched a month after the 9/11 attacks but then turned its attention and resources toward Iraq. "As seven years of missed opportunity have rolled by, the Taliban has rooted itself across increasing swaths of Afghan territory," the independent report says. "The increase in their geographic spread illustrates that the Taliban's political, military and economic strategies are now more successful than the West's in Afghanistan. Confident in their expansion beyond the rural south, the Taliban are at the gates of the capital and infiltrating the city at will...

Author: /time Magazine | Title: Why the US Will Scale Down Its Goals in Afghanistan | 12/14/2008 | See Source »

...state - with local authorities providing their own security - means the national government's security apparatus can be much smaller," Biddle says. The bad news, of course, is that many such provincial officials are little more than warlords, who often profit from trafficking in opium. The United Nations estimated last month that the Taliban and its allies - including some of those provincial officials - could clear nearly $500 million in the drug trade this year. If the U.S. and its allies need to find a way to bring home their troops while leaving behind a modicum of security, they may find themselves...

Author: /time Magazine | Title: Why the US Will Scale Down Its Goals in Afghanistan | 12/14/2008 | See Source »

...Arturo Damian Casanova, a Mexican national and suspected member of the Sinaloa cartel. In April, the Guatemalan police detained Mexican national Daniel "El Cachetes" Perez Rojas, considered one of the founders of the Gulf cartel's notorious mercenary force, the "Zetas". He is accused of participating in the previous month's shootout...

Author: /time Magazine | Title: Mexico Exports Its Drug Wars to Guatemala | 12/12/2008 | See Source »

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