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...federal district judge in 1991, just a year after he elevated Souter, so she will come to her confirmation hearings not just as the child of Puerto Rican parents who went from public housing to Princeton, but also as a judge with a nearly 17-year paper trail of decisions...

Author: /time Magazine | Title: Inside the Moderately Liberal Mind of Sonia Sotomayor | 5/26/2009 | See Source »

...helm officials who remembered the bad days of low oil revenues. That meant that when the oil gushers were turned up again, money was saved and not aggressively spent as elsewhere in the region. The nation's wealth was also placed in very liquid investments, predominantly U.S. government paper assets, rather than real estate. While other regional investment funds were buying into international banks, Saudi Arabia was purchasing U.S. government bonds, or paying down its debt. The country can tap into those liquid assets while its neighbors are struggling to sell their investments in banks, equities and companies - Saudi...

Author: /time Magazine | Title: Saudi Arabia's Lessons Learned | 5/25/2009 | See Source »

...attempt to paper over the extent of their losses, the Communists have been quick to point out their vital influence in shaping the policies of Singh's past government. The rural upliftment schemes that many believe won Congress this election, for instance, were pushed and prodded along by Communist support. "They have an effect that goes beyond their electoral strengths," says Jayati Ghosh, a professor of economics at Delhi's Jawaharlal Nehru University and a prominent left-wing columnist. But the country's focus now is more on the effect of the Communists' absence. Unshackled from leftist dogmas against free...

Author: /time Magazine | Title: Why India's Communists Are Losing Ground | 5/25/2009 | See Source »

...Gloria Romero, whose small corner store sells a variety of oddities, says she'll hold on to her old money and keep the plastic bills moving so she doesn't get stuck holding them when the music stops. "I prefer to save these," she says, holding up two grungy paper notes, and wrinkling her nose in disgust...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...plight of Zimbabwean journalists remains dire. Earlier in May, two Zimbabwe Independent editors, Vincent Kahiya and Constantine Chimakure, were arrested for publishing a story the government said was "materially false and meant to make the public develop hatred towards the police." The paper had written a story revealing names of police officers who had allegedly tortured human-rights activists in jail. "It seems there is still a long way to go insofar as human-rights issues are concerned," says Leonard Makombe, a political commentator. "That might strangle the government, as it depends on Western aid for survival. That...

Author: /time Magazine | Title: Zimbabwe in Transition: A 100-Day Report Card | 5/23/2009 | See Source »

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