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...owners of English clubs has pumped hundreds of millions of dollars into the transfer markets as teams compete to gain an edge. It's a cutthroat game, precisely because revenues are closely related to a team's performance: only the top four teams of the 20 in the English Premier League qualify for the European Champion's League, and United, Chelsea, Arsenal and Liverpool have in recent years established a lock on those four slots. But they have to win consistently to get there, and failure to do so can be financially disastrous. Things are as treacherous at the lower...
...Pakistan has been under growing U.S. pressure to rein in the ISI over its alleged links to Islamist militants, and as Gilani boarded his flight to Washington on Saturday, his government suddenly announced that the ISI - Pakistan's premier military intelligence agency - and its civilian counterpart, the Intelligence Bureau, would be placed under the "administrative, financial and operational control" of the Ministry of Interior. Although until now the ISI had been nominally under the administrative control of the Prime Minister, it has throughout its 60 years operated in notorious secrecy and with negligible civilian oversight. "The move would have opened...
...candidacy, though, is not without risks. The Libertarian Party is looking to introduce itself as an alternative to the major parties, but it has done so by poaching politicians who, like Barr, were very recently Republicans. And Barr wasn't just any Republican. He was a premier culture warrior in Congress, leading the impeachment of Bill Clinton and fighting medical marijuana, gay marriage, even the right of soldiers to practice Wicca--all of which are anathema to the out-of-our-bedrooms libertarian ideal. In fact, one of the biggest political victories of the modern Libertarian Party was to unseat...
What They're Reading in China Since Chinese Premier Wen Jiabao claimed last November to have read Marcus Aurelius' Meditations nearly 100 times, the Roman Emperor's 1,800-year-old treatise on Stoic philosophy has become a hit in China, reaching No. 5 on China Book International's best-seller list. A tome extolling the importance of virtue may seem an unlikely must-read amid the country's go-go economic boom, but it suggests many are looking for deeper meaning in their lives--and getting frustrated with China's wide wealth...
...June 2003 a consortium led by China Huadian power company announced plans to build 13 dams along the main stem of the Nu. That prompted stiff opposition from international and domestic green groups. In April 2004, Premier Wen Jiabao put the plans on hold and ordered further assessment of the project. For China's nascent environmental movement, it was a rare and welcome success. Not only did the Nu win a reprieve, but the "scientific development" ideology of Wen and President Hu Jintao - which emphasizes sustainable development and social welfare - seem to mean that more light would shine...