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After months of denial and equivocation, Pakistan is officially acknowledging what India and the U.S. have long known: that last November's Mumbai terrorism attacks were planned, at least in part, on Pakistani soil. On the same day that U.S. envoy Richard Holbrooke concluded a four-day visit to Pakistan, the nation on Thursday announced that it had initiated trial proceedings against eight suspects and arrested most of those involved in the Mumbai massacre. The announcement, tentatively welcomed in India, will be greeted with relief in Washington, which has been working hard to avert a confrontation and to align...

Author: /time Magazine | Title: Will Pakistan Arrests Ease Terrorism Tensions with India? | 2/12/2009 | See Source »

...command far greater respect abroad than one that takes the dogmatic, open-checkbook approach of the Bush Administration. But why stop with Iraq and Afghanistan? Barack Obama should look at the rationale for maintaining forces in Germany, Japan and South Korea. Even among our allies, our presence on their soil makes little sense to many and is not appreciated. Our days as the world's policeman are over, and that's a good thing. Let's lead in other, better fights, such as global warming and disease eradication. This would be not only economically smart but also far more effective...

Author: /time Magazine | Title: A Historic Moment | 2/11/2009 | See Source »

...fact no part of the stimulus package will put a penny into the market before mid-year. The legislation for putting $800 billion or so into the economy may not be signed into law until the end of this month. Most of that money will leach into the soil of the American enterprise system slowly. Almost no one is looking for a turn in GDP before early...

Author: /time Magazine | Title: A Double Dip Layoff Economy | 2/9/2009 | See Source »

...concession to Pakistan would be hugely unpopular in India. The U.S. has some cards to play: it can offer India nuclear technology under a deal signed by the Bush Administration, closer cooperation on counterterrorism, and military assistance. But if a Pakistan-based group mounts another terrorist strike on Indian soil, the U.S. can kiss goodbye any lingering hope that New Delhi will do much to help ease tensions in the region...

Author: /time Magazine | Title: Pakistan's Prospects | 2/5/2009 | See Source »

...command far greater respect abroad than one that takes the dogmatic, open-checkbook approach of the Bush Administration. But why stop with Iraq and Afghanistan? Barack Obama should look at the rationale for maintaining forces in Germany, Japan and South Korea. Even among our allies, our presence on their soil makes little sense to many and is not appreciated. Our days as the world's policeman are over, and that's a good thing. Let's lead in other, better fights, such as global warming and disease eradication. This would be not only economically smart but also far more effective...

Author: /time Magazine | Title: Inbox | 2/5/2009 | See Source »

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