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...Maubisse, the 2,963-m-high peak can be reached by turning off the main road to Ainaro and negotiating a rough trail to the town of Hatu Buliko, built at its base. It's easy to feel like an intrepid explorer in this backcountry. Foreign faces are seldom seen and the villagers linger to watch you pass...
Aside from the obvious problems with 401(k)s--demonstrated in the collapse of plans at Enron, Global Crossing and other once high-flying companies--there are seldom-discussed issues, including poor performance and what is known as leakage. The average 401(k) plan's equity holdings are concentrated in large-cap companies, so their returns track the S&P 500, which has dropped 44% from its peak. Over the long run, experts say, 401(k) returns lag behind professionally managed pension funds by 1 to 2 percentage points a year. And as if meager returns were not bad enough...
Suddenly, and still, everyone's a patriot. In New York's West Village for the first time in recent memory American flags outnumber the rainbow-colored gay pride banners. In Washington, God and country have seldom been so part of the national discourse, as seemingly every member of Congress wants to go on record as supporting God, country, motherhood, puppies and all other American icons. And Fourth of July barbecues suddenly seem like civic duty; a majority of Americans polled say they will continue to celebrate, undeterred by any terror threat...
...principles, donors and business will be loath to invest. Yet translating governance buzzwords into reality requires considerable institutional capacity and the sort of political will hitherto lacking in Africa. Business and civil society have a key role to play in holding leadership to these promises, often made abroad but seldom kept at home, though their relationship with African governments is typically too close or too contested...
...Pakistan too has a limit to its patience. "No matter what Musharraf does, it will never be enough for India," says one Western diplomat. Adds a senior Pakistani military source: "We may be tempted to finally say enough is enough." As Abdul Gani Lone discovered last week, peace is seldom popular in Kashmir...