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...about NATO [March 30]. It should have been disbanded when the Warsaw Pact was dissolved. NATO (or should that be the U.S.?) has started many of the recent wars, using Sept. 11 as an excuse, and dragged its allies into expensive and - as will eventually be proved - fruitless wars. Russia is neither a threat to Europe nor the rest of the world, however, bringing NATO to its borders is provocative. Would the U.S. be happy if Russia made military alliances with Canada or Mexico? I doubt it. Peter Hendricks, reliquias, portugal...

Author: /time Magazine | Title: AIG's Bad Reverberations | 4/20/2009 | See Source »

...managing director, as they do at present. And through a reform of its arcane shareholding or "quota" system, the domination of policy by the U.S. and other developed economies will give way to a more balanced system of governance, under which developing countries such as Brazil, China and Russia will have a greater say. The IMF's focus is supposed to shift, too: the G-20 wants it to play a more active role as global economic cop, monitoring policy among the major advanced economies as well as the poorer ones, and blowing a whistle when it sees dangerous behavior...

Author: /time Magazine | Title: International Monetary Fund 2.0 | 4/20/2009 | See Source »

...Russia's declaration last week that its counterterrorist operation in Chechnya is over effectively brings down the curtain on a war that began in 1999. The news is being feted in Russia and Chechnya as a victory over the terrorist threat of separatist rebels in the North Caucasus republic. "We have eradicated the threat of international terrorism and extremism, and defended the integrity of Russia," said Ramzan Kadyrov, Chechnya's Moscow-backed president...

Author: /time Magazine | Title: Russia's Chechnya Pullout: Compromise Over Victory | 4/20/2009 | See Source »

...warn that the insurgency problem in the region is far from finished, and express concern that the decision gives even more control to the heavy-handed Kadyrov. "It's not a victory for Moscow, it's a compromise," says Alexei Malashenko, an analyst at the Carnegie Moscow Center. "For Russia, it's necessary to save the money spent on assistance to Chechnya because of the [economic] crisis. For Kadyrov, he now has the chance to become a dictator." (See pictures of Putin's patriotic youth camp...

Author: /time Magazine | Title: Russia's Chechnya Pullout: Compromise Over Victory | 4/20/2009 | See Source »

...still Venezuela's most popular political figure, just won a referendum that will let him run for re-election as long as he wants. His small but radical leftist bloc of Latin American nations (including Bolivia and Nicaragua) has helped blunt U.S. hegemony and ushered non-hemispheric allies like Russia, China and Iran into America's backyard. His backers insist that the Wall Street implosion has vindicated Chávez's rejection of free-market capitalism as the solution for Latin America. And his critics, who call him a neo-Fidel Castro, still have to acknowledge that he's been...

Author: /time Magazine | Title: Americas Summit: Will Chávez Steal the Show Again? | 4/16/2009 | See Source »

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