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...small office in Kathmandu, the Gurkha Army Ex-Servicemen's Organization, which has been campaigning for pension parity between retired Gurkha and British soldiers, says it is ready to "declare war" with the government should the Prime Minister change his mind again. About 3,500 Gurkha soldiers are now serving Queen Elizabeth II, but tens of thousands apply to serve each year from Nepal's poverty-stricken Himalayan hills. Candidates, scrambling for a few hundred spots, have been known to try to fake their way; in 2008, nearly 500 false applications were detected, and dozens of candidates - required...

Author: /time Magazine | Title: The Talk of Nepal: The Future of Its Gurkhas | 4/2/2009 | See Source »

...countries seeking to share in the glory. "This is the day that the world came together to fight back against the global recession, not with words but with a plan for global recovery and for reform and with a clear timetable for its delivery," declared the summit host, British Prime Minister Gordon Brown. Speaking of the agreements reached on tighter regulation of financial markets and institutions, French President Nicolas Sarkozy bigged up his own role in agitating for the measures: "That our Anglo-Saxon friends accepted all of this represents immense progress," he said, adding that "while there were moments...

Author: /time Magazine | Title: How the G-20 Succeeded — And Why It Matters | 4/2/2009 | See Source »

...which have dried up in the past few months and led to a drastic drop in global commerce. The size of these packages, plus agreement on new credit facilities from the World Bank and other multilateral lending agencies, was warmly welcomed by representatives from developing countries - including India, whose Prime Minister, Manmohan Singh, said, "I am going back home very satisfied...

Author: /time Magazine | Title: How the G-20 Succeeded — And Why It Matters | 4/2/2009 | See Source »

...long resisted by some others. Under the deal, hedge funds and other financial-market players will be subject to far greater - and properly coordinated - international scrutiny, as will big banks with activities in several countries. "We'll begin to crack down on cowboys in global markets," said Australian Prime Minister Kevin Rudd. The tax-haven issue that almost sank the summit means that those not complying with international standards on exchanging information will be publicly named and shamed. (See a TIME video from outside the G-20 summit...

Author: /time Magazine | Title: How the G-20 Succeeded — And Why It Matters | 4/2/2009 | See Source »

...Wednesday, the First Lady toured a cancer ward with Sarah Brown, the British Prime Minister's wife, finding peace amid the pain. After a makeup session with two female patients, she had tea. "It's an oasis," she said. "It's a quiet place that makes people feel whole." Hours later, she met with the Queen of England, appearing to breach rigid ancient protocol with the most human gesture, reciprocating Elizabeth II's light touch by gently draping her arm across the back of the Queen. (Read "The Queen and Mrs. Obama: A Breach in Protocol...

Author: /time Magazine | Title: Michelle Obama Finds Her Role on the World Stage | 4/2/2009 | See Source »

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