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...Administration officials say privately, however, that if coercive diplomacy toward Pyongyang is the goal, there are other ways for Washington and Beijing to work together. In fact, it's happened before. The most effective sanctions ever levied against the North were those designed and imposed by the U.S. Treasury Department during the Bush years. Not only did Treasury manage to freeze a Macau bank account through which the North Korean regime allegedly laundered millions of dollars, but it also persuaded several large banks in China to stop doing business with North Korea. In 2006, Kim Jong Il made removal...

Author: /time Magazine | Title: North Korea: The Coldest War | 6/22/2009 | See Source »

...would lenders target the good customers? Mainly because banks can't afford to take a lot of risk anymore. If you have, say, $30,000 in unused credit sitting around, there's always the chance you'll start tapping into it in the event of a job loss or other financial crisis...

Author: /time Magazine | Title: Could Your Credit Be Too Good? | 6/22/2009 | See Source »

...Under the looser standards of proof in civil cases, the court held the four men responsible for setting off a car bomb in the country's worst-ever terrorist attack. As the husband of one of the victims said, "It was never about the money. We can stand and say that these guys are responsible for Omagh...

Author: /time Magazine | Title: The World | 6/22/2009 | See Source »

...Kashmir RIOTS OVER RAPE VICTIMS Deep-seated anger at the Indian government erupted into massive protests on June 8, when 15,000 Kashmir residents took to the streets over a forensics report confirming that two young women--who authorities say drowned but family members claim had been abducted and raped by Indian troops--had indeed been sexually assaulted. Police used tear gas and warning shots to quell the riots, injuring hundreds. Unrest has plagued strife-torn Kashmir, the subject of a long-term boundary dispute between India and Pakistan, since the women's bodies were found...

Author: /time Magazine | Title: The World | 6/22/2009 | See Source »

...say this because I've made a career out of counting votes, and the numbers tell a clear story; the demographics of America are changing in a way that is deadly for the Republican Party as it exists today...

Author: /time Magazine | Title: For Republicans, the Ice Age Cometh | 6/22/2009 | See Source »

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