Word: neighborhoods
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...help to consider the experience of SEED student Mansur Muhammad, 17. When he arrived seven years ago, the first few weeks were tough. He'd often call his mother and write his dad. Friendships he had in his old neighborhood frayed. But Muhammad, now an honor-roll senior who hopes to become his family's first college graduate, hasn't looked back. He maintains a 3.2 GPA and reshelves books in the school's library for $160 every couple of days, when he's not in his room listening to rap or classical music and writing poetry. Inspired...
...lived in the museum for my entire first tour in Iraq in 2003. What it took to get from there - a devastated, closed, sealed-shut museum that had been looted by neighborhood residents, government officials and some museum staff members - to today where it's able to open a couple of galleries for a couple of hours relied almost exclusively on the extraordinary heroism, conscientiousness and integrity of the Iraqi people. From April of 2003 until November 2003 - the last time I physically hand-counted the items - almost 2000 different antiquities stolen from the museum were returned to the museum...
...Although a CDS is, in its simplest form, an insurance policy, AIG was selling something far more exotic. Say you buy a house and insure it. The insurer doesn't offer the same policy on your house to everyone else in the neighborhood; if it did and your house went up in flames, the insurer could get wiped out. In its CDS contracts, though, AIG wrote multiple insurance policies covering the same underlying package of increasingly toxic assets. In essence, it was underwriting systemic risk. This is the opposite of what insurance companies are supposed to do: diversify risk across...
Harder to gauge will be the long-term influence of Iraq's neighbors on the direction of the country. Iraq shares borders with Saudi Arabia, Iran, Syria, Jordan, Turkey and Kuwait. It's a tough - and nosy - neighborhood, populated by regimes jostling for influence among the various internal factions in Iraq. The key issue is Baghdad's ability to cobble together a semblance of national unity that will enable it to fend off its neighbors. The fear is that Iraq will become a new Lebanon, a multisectarian country whose diversity is both its blessing and its curse. Will Iraq...
...operation was launched in southwest Mosul as part of the province-wide Operation Nineveh Resolve, aimed at rooting out insurgents and finding weapons caches. Platoons fanned out along rubbish-strewn streets as Blackhawk helicopters circled overhead to provide support. But the residents of Mosul have experienced this type of neighborhood "clearing" operation many times before. "We've never been able to really hold the gains, and so these people have seen clearance after clearance, after clearance," says Colonel Volesky. And so Mosul will see such operations again and again, hoping that something will eventually stick...