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...Circuit City was incredibly successful in the 1980s and 1990s, but they never changed after that," says David Schick, an analyst at Stifel Nicolaus. If it had adapted, it might have ended up like its chief rival, Best Buy, which in August reported both increased sales and a quarterly profit of $200 million. Instead, Circuit City reported a loss of $239 million in late September...

Author: /time Magazine | Title: Why Circuit City Busted, While Best Buy Boomed | 11/11/2008 | See Source »

...fought there to prevent the Russians from invading India. In the 1980s, Americans equipped mujahedin to bleed the Soviet Union dry. In the civil war following the 1989 Soviet withdrawal, Pakistan backed the Taliban, a fundamentalist faction fostered in its own religious seminaries, to counter Indian influence in the rival Northern Alliance. When the Taliban captured Kabul in 1994, Pakistan was one of only three nations to recognize their government. The Inter-Services Intelligence Directorate (ISI), Pakistan's clandestine services, then sent militants hardened in the Soviet war to Indian-administered Kashmir in order to wage a low-level insurgency...

Author: /time Magazine | Title: The Key to Afghanistan: India-Pakistan Peace | 11/11/2008 | See Source »

...fulfill its pledge to incorporate 20% of Baghdad's 54,000 SOIs into the armed forces, further frustrating anti-insurgent leaders who want more of their men given security jobs. At the same time, domestic politicking is set to intensify ahead of provincial polls slated for January 31 as rival parties vie for influence and power. The hope is that their disputes will be settled at the ballot box, and not on Baghdad's streets...

Author: /time Magazine | Title: In Baghdad, Blasts from the Past | 11/10/2008 | See Source »

...military presence in Iraq) will certainly help a Prime Minister under pressure from both his own electorate and his influential neighbor, Iran, to refrain from authorizing an extended U.S. presence. Neutralizing the presence of the Americans as an election issue will help al-Maliki fend off the challenge of rival Shi'ite parties...

Author: /time Magazine | Title: How Obama's Win Will Affect Middle East Elections | 11/10/2008 | See Source »

...main players being those connected with some form of politically aligned military muscle and the prize being control over power and resources. As a result, elections tend to exacerbate rather than resolve tensions, and next year's races will likely see sharp political (and occasionally even military) battles between rival Shi'ite parties in the south and Baghdad; between Sunni and Shi'ite blocs in some parts north of Baghdad, such as Diyala province, as well as between the government (including the Sunni parties that have participated in it, until now) and the U.S.-backed Sunni Awakening movement of former...

Author: /time Magazine | Title: How Obama's Win Will Affect Middle East Elections | 11/10/2008 | See Source »

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