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...Before the attacks on Mumbai, the U.S. had been keen on seeing a reduction of Indo-Pakistan tensions in the hope - openly voiced by President-elect Barack Obama - that such changes would free Pakistan to conduct more effective counterinsurgency operations against the Taliban and al-Qaeda in its northwestern tribal areas. Washington fears that Indo-Pakistan rivalry will make its own task in Afghanistan more difficult. Obama therefore called for promoting a rapprochement between India and Pakistan as a key objective of U.S. foreign policy. But he will find few takers in India for continuing a peace process with...

Author: /time Magazine | Title: Opportunity in Crisis | 12/4/2008 | See Source »

...some places, like northwestern Colorado and Montana, exploration could drop as much as 40% in the next few months. Experts say the resultant drop in oil and natural-gas supplies could cause energy prices to spike sometime next year, further slowing the nation's economic recovery. Last month the International Energy Association warned that oil prices could return to record highs if energy companies pull back their investments. "I worry that the downward slide in prices is causing the industry to overcorrect," says John Harpole, who runs Mecator Energy, a natural-gas broker. "We are going to see higher tops...

Author: /time Magazine | Title: Oil-Price Drop Forces Big Energy to Retreat | 12/3/2008 | See Source »

...places seem to be hit as hard as northwestern Colorado. New drilling technology and rising energy prices caused exploration to flourish in the region in the past few years. The Piceance Basin alone drew dozens of exploration firms, including large companies like Chevron. Now those firms are pulling back. Harpole expects the number of rigs in the Piceance Basin, which energy experts say is one of the largest natural-gas reserves in North America, to drop 40% in the coming months. "There is a systematic change in thinking among energy companies that you could not have guessed just six months...

Author: /time Magazine | Title: Oil-Price Drop Forces Big Energy to Retreat | 12/3/2008 | See Source »

...have glared at each other over a heavily fortified and partially undefined border. Despite the alleged Pakistani origins of this terrorist group, the Indian government and its backers must realize that blaming the Pakistani state will never solve the real issues at stake. The political impasse over the disputed northwestern territories and Kashmir has led to an epidemic of lawlessness and an absence of effective governance in that region; it is imperative that both governments put their differences aside and build a lasting consensus on this territorial dispute. Most importantly, India must acknowledge that military action against Pakistan...

Author: By The Crimson Staff | Title: A Massacre in Mumbai | 12/1/2008 | See Source »

Israeli officials also remarked that the Mumbai gunmen never demanded the release of Palestinian prisoners from Israeli jails or even mentioned the Middle East conflict. Police say the gunmen spoke Urdu, a language of northwestern India and Pakistan, and their focus was on the disputed Himalayan state of Kashmir, where Muslim militants are fighting Indian troops for autonomy. Indian media reported that a terrorist inside the Chabad center phoned a local television channel to complain about abuses committed against Muslims in Kashmir by Indian troops, who are mostly Hindus...

Author: /time Magazine | Title: Israel Reacts to the Mumbai Massacre | 11/28/2008 | See Source »

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