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...need more - not fewer - oil traders. After a roller-coaster ride that has sent oil prices from a record high of $147 per bbl. last July to below $35 in December and back to around $60, there has been a clamor to clamp down on speculators - those investors who trade oil but don't ultimately supply it or use it (the way airlines do, for instance). The economic disruption caused by oil's volatility has been so vexing that the Obama Administration believes it can stabilize prices by regulating speculators out of the market...
...lecture series entitled The Robert McNamara Lecture on War and Peace, died on Monday at age 93 at his home in Washington. He served as defense secretary for Presidents John F. Kennedy '40 and Lyndon B. Johnson from 1961 to 1968, during which half a million American soldiers were sent to war in the jungles of Vietnam and hundreds of thousands of tons of bombs were dropped. While McNamara had said early on that he was "pleased to be identified" with the war, his confidence in the military effort steadily deteriorated, albeit not publicly until near...
...baby: The report says an absentminded guard at an unidentified federal building sent a baby through an X-ray machine while the baby's mother was pulling out her identification. The guard was fired but subsequently sued the FPS, claiming he never received proper X-ray training. The FPS could not produce evidence of the training, and the guard won the lawsuit...
...deaths of Afghans in the fighting have done little to aid the allies and a lot to turn locals against foreign forces and the government of President Hamid Karzai, which those forces sustain. This is a place - as British and Russian armies discovered and were sent packing after their discoveries - where the waters of vengeance run deep. "If the Americans kill an Afghan father, the son will take revenge and pick up a gun and will stand against foreigners," says Abdul Qadir, 38, who runs a shoe-shine business on a Kabul street. "People hate Americans," echoes Ezatullah, a driver...
...Widespread Uighur alienation has prompted some to resort to violence. Following the 9/11 attacks in the U.S., Beijing convinced Washington to list the little-known East Turkestan Islamic Movement (ETIM) as a terrorist organization. Some Uighurs were captured by coalition forces in Afghanistan and sent to Guantánamo, but many have subsequently been released. The specter of Uighur terrorism loomed over Xinjiang after a series of attacks and bombings hit the province during the build-up to last year's Beijing Olympics. The extent of the ETIM's tactical capabilities and its connections to other more prominent terrorist outfits...