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...rolling stock is in need of significant modernization. Ways need to be found to unclog saturated Parisian lines--particularly the No. 13, serving St.-Denis to the north; the No. 1 main line that all tourists use, which runs east-west from the Etoile to the Bastille; and the parallel RER commuter line. Three different plans that would cost tens of billions of dollars are being studied to renovate and extend existing Métro and commuter lines and build a circular rail link around the city, connecting its first row of suburbs and two airports...

Author: /time Magazine | Title: Much Greater Paris | 2/26/2009 | See Source »

...Critics are alarmed by an agreement they fear will attack the rights of women, create a parallel legal system, encourage Islamist insurgencies elsewhere in Pakistan and even create a safe haven for a wider spectrum of militants. Still, many locals have welcomed the deal for the stability it promises. "We are happy that there is a chance for peace now," said Mohammed Tariq, 36, a thickly bearded cafeteria worker who blamed the Taliban for spreading fear and the army for alienating the population by inflicting a heavy toll in civilian casualties. "We hope that it doesn't fail." Like many...

Author: /time Magazine | Title: Can Pakistan Regain Control of Swat from the Taliban? | 2/24/2009 | See Source »

...both the rule of law and women's rights. "We condemn it," says Iqbal Haider, co-chairman of the Pakistan Human Rights Commission and a former law minister. "It is an illegal, unconstitutional and discriminatory act to further promote religious fanaticism in Pakistan. The constitution does not allow a parallel legal system. And there is no guarantee of peace - the militants are not party...

Author: /time Magazine | Title: Pakistan's Shari'a Pact: Giving In to the Taliban? | 2/17/2009 | See Source »

...Here I broke off from my unticketed acquaintances. My older brother’s hard work on the New Hampshire senate campaign had left him with a purple standing room ticket, and his post-campaign travels in Cambodia left him unable to claim it. I made my way up parallel to Constitution Avenue, passing streets still populated by more police than civilians and eventually reaching the intersection at 7th Street. The time was 6:35 am. The gate for purple ticket-holders was at Constitution Avenue and 1st Street—just six blocks away. But national guard troops blocked...

Author: By Max J Kornblith, CRIMSON STAFF WRITER | Title: No Country for Late Men | 2/12/2009 | See Source »

...Yields are also bound to go lower because demand for U.S. government debt will easily match supply, even though Washington must sell hundreds of billions of dollars in bonds in coming months to fund stimulus measures and bank rescues. Consider the uncanny parallel between the composition of assets on bank balance sheets in 1929 and balance sheets at the start of this crisis. The ratio of loans to investments, which include Treasuries and other securities, was 2.6:1 in 1929 and 2.8:1 in 2008. During the early period of the Great Depression, banks restructured their balance sheets to reflect...

Author: /time Magazine | Title: Bet on Bonds | 2/11/2009 | See Source »

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