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...continue to prey upon the people of eastern Congo. It was precisely to deal with such disasters--and with leaders like Kabila and Nkunda--that in 2005 the U.N. World Summit adopted a set of principles called the responsibility to protect, or R2P. Intended to prevent a repeat of cataclysms like the one in Rwanda, when the world watched but did little, R2P enshrines in international law the justification and obligation for intervention. A nation forfeits its sovereignty if it commits or is unable to prevent massive human-rights abuses on its soil. Should that happen, other nations can take...

Author: /time Magazine | Title: Congo Seeks Protection | 1/29/2009 | See Source »

...bubble” in the early 2000s, Kerr said. Newly wealthy individuals transferred funds to foundations, only to see the value of these gifts plummet with the stock market—thereby rendering them unusable. The current economic crisis is in some ways a “repeat of the doc-com bust, but more widely spread,” Kerr said...

Author: By Peter F. Zhu, CRIMSON STAFF WRITER | Title: Bill May Allow Flexibility | 1/28/2009 | See Source »

...federal aid. Its beleaguered top-management team is trying to undo most of the 1998 merger with Travelers. And the new Obama Administration is faced with the somewhat conflicting priorities of trying to avert a depression, nurse Citi and other banks back to health and prevent a repeat of the excesses that led to today's troubles--all while taking care that the U.S. government doesn't dig its own financial grave in the process...

Author: /time Magazine | Title: Citibank: Teetering Since 1812 | 1/21/2009 | See Source »

...attention. There are crucial decisions to be made about the pace of withdrawal from Iraq and how many U.S. troops to add in Afghanistan. (Asked about the persistent reports from the Pentagon that up to 30,000 more troops are scheduled for Afghanistan, a senior Obama aide said, "No - repeat, no - decision has been made about troop levels in Afghanistan, and anyone at the Pentagon who says otherwise should be fired.") But foreign policy developments seem destined to take some time, given the new President's proclivities: there will not be the macho kinetics of the Bush years...

Author: /time Magazine | Title: Obama Promises New Destiny, Work Begins Today | 1/21/2009 | See Source »

...when will there be a better time? We should bail out the public sector, but only with serious strings attached; otherwise, we'll repeat the bailout of the financial sector, which pocketed the federal handouts and kept doing whatever it pleased. Bailouts should be reserved for states and communities facing the most drastic contractions - and even those shouldn't be rewarded for frittering away surpluses on sunny-day tax cuts and race-to-the-bottom subsidies designed to lure out-of-state businesses. States shouldn't be rewarded for keeping their fiscal houses in order by stiffing Medicaid programs either...

Author: /time Magazine | Title: How to Spend a Trillion Dollars | 1/15/2009 | See Source »

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