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...sending in fighters from Pakistan and sometimes recruiting local Kashmiris. The LeT is one of many militant groups that have agitated here, often violently, against India. Indeed, India and Pakistan have fought two wars over the disputed territory of Kashmir; and just as the Mumbai massacre was at its peak, a threatening Nov. 28 hoax phone call, purportedly from the Indian foreign ministry, to Pakistani President Asif Zardari convinced Islamabad to move several of its troops toward the Indian frontier for fear of an attack from New Delhi. Meanwhile, one of the Mumbai attackers mentioned Kashmir in a rambling interview...

Author: /time Magazine | Title: What Did Kashmir Have to Do with the Mumbai Attacks? | 12/7/2008 | See Source »

...came to Cambridge, he was disappointed with the site. The building shows his usual sense of rhythm — there are some wonderful ramps, some wonderful colors, and some wonderful changes of space. Unfortunately, his one American project was not the achievement of a man at the peak of his powers. THC: What I find most interesting about your book is how mercurial Le Corbusier’s personality was. What do you think we gain from an understanding of the artist’s life? NFW: The thing I hope I point out in my book is what...

Author: By James K. Mcauley, CONTRIBUTING WRITER | Title: Author on Le Corbusier Chronicle | 12/5/2008 | See Source »

...Economic Research officially declared that the U.S. economy is in a recession, and has been for nearly a year. The bureau’s seven-member Business Cycle Dating Committee, which is officially charged with determining when the U.S. is in a recession, announced yesterday that the last peak in economic activity occurred in December 2007, marking that month as the start of the current recession. The committee pinpointed the month when U.S. growth dipped into negative territory by using monthly indicators including gross domestic product and consumption measures, most of which have plunged in recent months. MIT economics professor...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: NBER Declares Official Recession | 12/2/2008 | See Source »

...acres; but let's see you try to operate your business when all that net worth is tied up in land. In addition, he claims, "the biofuel boom is also jacking up the price of grain." Yet the price of corn has fallen at least 50% since its peak. Revising the bill is a good idea, but in doing so, we must realize that we will make food more expensive, since some farms will go broke. Sometimes these issues aren't so black and white. Matthew Bernhardt, LINCOLN...

Author: /time Magazine | Title: Capturing the Moment | 11/27/2008 | See Source »

...even with more bad news on earnings, stocks worldwide still look cheap, according to an analysis headed by Robert Buckland, a global equity strategist at Citigroup. Even assuming corporate profitability falls 50% all told (so far it's down only about 10% from last year's peak), P/E ratios will still be in line with their 40-year average. "There's a major space for earnings to fall," says Buckland. "What we're saying is, a lot of that fall is already in the price...

Author: /time Magazine | Title: The Market Outlook: More Plunges or a Year-End Rally? | 11/24/2008 | See Source »

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