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South Korean election campaigns are famous for dramatic events in the eleventh hour, and this presidential election is proving to be no different. On Monday, just two days before the Dec. 19 polls, Korea's parliament, the National Assembly, approved a plan to open an investigation into allegations of fraud against presidential front-runner Lee Myung Bak. The Assembly greenlighted the probe after a video surfaced over the weekend of a lecture Lee gave in 2000, in which he claimed that he set up Korean investment firm BBK, a connection he had previously denied. Kim Kyung Joon, the head...

Author: /time Magazine | Title: Probe Roils South Korea Election | 12/18/2007 | See Source »

...lanes, for example), inadequate information, and the government's steadfast refusal to subsidize the project from the outset. Still, with so much anger on the streets, the government simply cannot afford to hike fares to meet the shortfall, even though the system is losing money. Instead, it keeps asking parliament to approve additional funding. In June, Congress agreed a cash injection of $290 million, but last month refused to approve further funds...

Author: /time Magazine | Title: The Mass Transit System from Hell | 12/14/2007 | See Source »

...condition that the nation's 4,000,000 blacks be guaranteed control of the government within the foreseeable future. To most of the 220,000 whites, however, that would be suicide. They offered only two meaningless gestures: allowing more blacks to vote for the 15 African seats in parliament, and the creation of an almost powerless senate ... [The whites] believe that the first African government would murder them in their beds ... 'There will be no black rule in my lifetime,' promises Prime Minister Ian Smith." Read more at timearchive.com...

Author: /time Magazine | Title: Inbox | 12/13/2007 | See Source »

...wins big and - as Samak has vowed - brings Thaksin home? Army chief General Anupong Paochinda has dismissed the idea of a postelection coup as "stupid." Not just stupid, but perhaps unnecessary. A new security bill has been tabled before the junta-appointed National Legislative Assembly, which replaced the suspended parliament. If passed in its current form, the bill could grant the generals powers to deny basic civil rights. "The military see themselves as custodians of Thailand's political future," says Thitinan. "The security act is evidence of their intention to stay in politics for the long haul." This and other...

Author: /time Magazine | Title: A Vote for Nostalgia | 12/13/2007 | See Source »

...predicated on a massive American presence. They point out that Iraq's political leadership has failed to use the relative calm to engineer any real reconciliation between the majority Shi'ites and the Sunnis. While U.S. troops have battled al-Qaeda in Baghdad, Anbar and Diyala, the Iraqi Parliament has made little progress on critical legislation in more than a year. And partly because of massive government corruption, improvements in basic services like electricity, water and fuel have lagged behind security gains. Baghdad gets an average of eight hours of electricity a day, about half the prewar level. So while...

Author: /time Magazine | Title: The Fleeting Success of the Surge | 12/13/2007 | See Source »

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