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...worse than the faltering first round did last month. The poor performance is causing some Fed officials to doubt the entire premise of the effort to restart nonbank credit markets. "We know there are people out there interested in putting subscriptions together," says a Fed official, "but the larger question is, Where is the market [for them...

Author: /time Magazine | Title: Still Few Buyers in Fed's Effort to Restart Lending | 4/9/2009 | See Source »

...That still leaves the question of Social Security's long-term financing needs, which will be reassessed soon in the system's annual trustees' report. But a couple of years of below-expected payroll-tax receipts shouldn't dramatically change that forecast - and whatever long-run deficits the trustees project for Social Security will pale beside those expected for sister program Medicare...

Author: /time Magazine | Title: Social Security's Surplus Disappearing Fast | 4/9/2009 | See Source »

...hiatus - paralysis in the Israeli government, problems on the Palestinian side, and a transition going on in America. All these things are now clearing. The next couple of months will determine if we can breathe new life back into this process. No doubt we need to. The question...

Author: /time Magazine | Title: Tony Blair on Restarting the Middle East Peace Process | 4/8/2009 | See Source »

...desire of Pakistan's politicians to pursue a strategy that is seen as being independent of Washington. During Foreign Minister Shah Mahmood Qureshi's press conference with Holbrooke and Mullen, Qureshi insisted that there were "red lines" that Washington should not cross. "The bottom line is a question of trust," he said. "We are partners, and we want to be partners. We can only work together if we respect each other. There is no other way. Nothing else will work." Mullen agreed that the two allies should work toward a "surplus of trust," while Holbrooke said that "the United States...

Author: /time Magazine | Title: In the War Against Militants, U.S. and Pakistan Remain at Odds | 4/8/2009 | See Source »

...Today, UNAIDS estimates that AIDS awareness programs are currently only reaching between 20 and 40 percent of China's at-risk communities. "China is a whole continent. It's 1.3 billion people," Schwartländer says. "The big question is always, 'How do we make sure these good, sensible policies and ideas are really implemented throughout the whole country?'" It is not enough to have good policies in Beijing; the work has to happen in the provinces and the communities where 60% of the nation actually lives. "Unless you understand how you can translate the policies into the realities...

Author: /time Magazine | Title: With HIV/AIDS Deaths on Rise, China Struggles to Improve Outreach | 4/8/2009 | See Source »

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