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...that the economy can no longer support the massive shopping centers that used to define them. Krista Mahr in Hong Kong reports on how the crunch is fueling a new kind of international trade: countries with money but little arable land are renting huge tracts from countries rich in soil but poor in cash. Alex Perry zeroes in on the unexpected star of the global economy: Africa...

Author: /time Magazine | Title: Navigating the New World | 3/12/2009 | See Source »

...biggest terrorist attack on European soil left 191 dead, thousands injured, and a realization that the country was far more vulnerable than all but a few (mostly ignored) experts had recognized. But its longest-lasting repercussions were political: just three days after the attacks, while the governing Popular Party still insisted - despite growing evidence to the contrary - that the Basque terrorist group ETA, and not Islamist terrorists, were to blame, the country held national elections. In a surprise upset, the Socialist party, headed by José Luis Rodríguez Zapatero, beat the conservative PP, which had been in power...

Author: /time Magazine | Title: Five Years After the Madrid Bombings | 3/11/2009 | See Source »

...after Sept. 11, 2001, everything changed. Pakistan, given no choice by the U.S., stopped supporting the Taliban regime in Afghanistan, which had allowed jihadi training camps to flourish on its soil. On Dec. 13, 2001, a band of Pakistan-based fighters attacked the Indian Parliament. Two weeks later, the U.S. government placed LeT, one of the jihadi groups thought to be behind the attack, on its list of proscribed organizations. The next month, Pakistan's then President, General Pervez Musharraf, bowed to international pressure and declared that no Pakistan-based group would be allowed to commit terrorism in the name...

Author: /time Magazine | Title: The Making of a Mumbai Terrorist | 3/8/2009 | See Source »

...cultural and political hub, at 8:45 Tuesday morning. The attackers fired rockets, grenades and multiple rounds of ammunition at the team's bus and the police escorting it, killing eight people and injuring six. To some eyewitnesses, it was last November's Mumbai attacks replayed on Pakistani soil. (See pictures of this terrorist attack...

Author: /time Magazine | Title: Attack on Sri Lankan Cricket Team: Echoes of Mumbai? | 3/3/2009 | See Source »

...interviews with TIME, a former Cabinet minister in the government of President Pervez Musharraf and a current senior government official have confirmed that the previous government agreed to allow the CIA to target militants operating on Pakistani soil. Both sources refused to be named because of the sensitivity of the information. "Musharraf gave them the base in Shamsi [in a remote part of Baluchistan] to use for drones, logistics, everything," says the current government official, who insists that the air strikes are "counterproductive" because they inflame public opinion against Islamabad's alliance with Washington. "We have inherited all these problems...

Author: /time Magazine | Title: Shifting Alliances Complicate U.S.-Pakistan War Against Militants | 2/26/2009 | See Source »

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