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...than 3 million Afghan refugees took shelter in Pakistan's cities and in makeshift camps. But after the Soviets withdrew in 1989, the U.S. lost interest in the region. Afghanistan's war of liberation turned into a civil war, and the Pakistani government--led by Bhutto and her political rival Nawaz Sharif, who alternated in power--backed the Taliban, student warriors committed to a fundamentalist Islamic state...

Author: /time Magazine | Title: The Central Front | 9/11/2008 | See Source »

...political crisis is set to end anytime soon. And that's bad for Thai business. Since the PAD rallies began, the country's benchmark stock index has plummeted nearly 25%. After several nations issued travel warnings for Thailand last week, following a fatal street battle in Bangkok between rival groups of political demonstrators, many tourists have canceled trips, depriving the country of badly needed income...

Author: /time Magazine | Title: Thai PM Ousted over Cookery Shows | 9/9/2008 | See Source »

...campaign cycle, McCain was the benefactor of the same phenomenon. Back then, McCain was broadly introduced to the public as an unconventional politician, a prisoner of war and a man of principle, and he received far more enthusiastic coverage than his Republican rival, George W. Bush. In recent days, the introduction of Sarah Palin, a newcomer on the national scene, has proven again that nothing creates a media feeding frenzy faster than a new face and an unconventional biography...

Author: /time Magazine | Title: McCain's Bias Claim: Truth or Tactic? | 9/8/2008 | See Source »

...lending to mid-sized businesses, Germany's famous Mittelstand that forms the backbone of its economy. Blessing, a hobby marathon runner who had hoped he would be able to rebuild Commerzbank at a less hectic pace, realized that in the current financial crisis the opportunity to take over rival Dresdner may not come again...

Author: /time Magazine | Title: The German Merger Against the Odds | 9/1/2008 | See Source »

Much as there were in the days and hours leading up to the announcement of Joe Biden as Barack Obama's running mate, rumors about who really have spots on McCain's short list have been piling up all week, and all day. Mitt Romney, McCain's rival during the primaries, remains the consensus choice among party professionals. And there was a report this afternoon that Romney's sister's house in the battleground state of Michigan was given a security sweep by the Secret Service. Another report has Minnesota governor Tim Pawlenty, also a longtime short-lister...

Author: /time Magazine | Title: Indecision '08 for McCain's Veep? | 8/28/2008 | See Source »

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