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During his Nov. 13 visit to Tokyo, U.S. President Barack Obama emphasized that Japan, as the world's second largest economy, has a special role in the global marketplace. One week later, it's becoming clear the country may be special for another reason. While much of the rest of the planet frets about a coming rise in inflation - a consequence of economic recovery, massive stimulus spending and a weakening dollar - Japan faces the opposite problem: a potentially devastating bout of deflation...
...federal judge accuse the Corps of "negligence" and "nonfeasance" and other legally awful behavior, the case actually turned on a technicality of sorts - and may well be overturned on appeal. Believe it or not, the spectacular incompetence of the Corps may ultimately help its defense. And second, even if the Corps does lose on appeal, the resulting embarrassment - and the potential fiscal nightmare for the country - would be unlikely to promote the kinds of changes that would prevent another Corps-made disaster. (See pictures of recovery from the damage of Katrina...
...Obama quietly killed the Gitmo plan in the second week of May; Craig never got a chance to argue the case to the President. "It was a political decision, to put it bluntly," says an aide. The stumble had long-term consequences: later that month, Congress blocked the release of Guantánamo detainees in the U.S. and restricted their transfer there for trial. The White House realized it had to start over on a signature issue. (See pictures of prison life inside Baghdad's Camp Cropper...
...Craig watched the Archives speech from the second row - close enough to see the writing on the wall. Emanuel had assigned Pete Rouse, a top adviser, to oversee the political side of Craig's old domain and Donilon to chair an interagency group on policy. Craig continued to attend the meetings but said little, according to participants. Administration officials began to whisper about Craig's prospects in August...
Afghan President Hamid Karzai took his oath of office for his second term Thursday, Nov. 19, in a stately inauguration ceremony at the presidential palace in Kabul, finally putting an end to a drawn-out election drama mired in accusations of fraud and corruption. Dressed in his trademark violet- and green-striped cloak and karakul hat, Karzai placed his right hand on the Koran and swore to the attending chief of the Supreme Court that he would uphold the constitution of Afghanistan and lead the country into peace and stability. One can only hope he keeps that promise...