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...Some reports say that Israel struck with artillery shells, while others say with mortars. Thirty Palestinians were killed outright from the incoming fire, and 10 others died last night in Gaza's overburdened and badly provisioned hospitals, according to the U.N. More than 55 were injured. Israeli bombs also hit a second school on Tuesday, say Gaza residents, killing three civilians...

Author: /time Magazine | Title: U.N.: No Hamas Fighters in Bombed Gaza School | 1/7/2009 | See Source »

...hope is fiscal policy. The danger with fiscal policy is that they'd do too little, because we've spent the last umpteen years saying we've got to keep our deficit under control. This is not the time to worry about that. Until [Summers] came along, I was struck by how modest all of the stimulus packages everyone was talking about were. He's sort of the [John] Maynard Keynes of today. He says go for it - let's spend $600, $700 billion a year...

Author: /time Magazine | Title: Q&A: Lessons from the Great Depression | 1/6/2009 | See Source »

...Gaza, there are indications that Hamas is keeping many of its best fighters out of the direct path of the advancing Israelis. Israeli military officials have noted that resistance has not been as fierce as expected, and that most Israeli soldiers wounded in the operation thus far have been struck by mortar rounds fired from a considerable distance. Meanwhile, Hamas continues to fire rockets into Israel in a symbolic taunt to the Israeli public. (See pictures of Israel's sweep into Gaza...

Author: /time Magazine | Title: Despite Gaza Attacks, Hamas Thinks It Has the Upper Hand | 1/6/2009 | See Source »

...million complex within the Green Zone is a significant step away from the U.S. government's former headquarters in Saddam Hussein's ornate, marble-filled republican palace, which was handed back to the Iraqis when the clock struck midnight on New Year's Eve. The new place is stark and practical - like a "straightforward business office," except with heavy security, says Master Sergeant Patrick McDonald, who heads the embassy's work on the upcoming Iraqi elections. He adds, "In a way, you sort of miss the touch of Saddam...

Author: /time Magazine | Title: Opening Day for Enormous New US Embassy in Iraq | 1/5/2009 | See Source »

...year, the federal forces have tried to forcefully put down the Tigers, pushing into their strongholds and leading up to the January 2 capture of Kilinochchi. In a speech announcing the takeover, Sri Lankan President Mahinda Rajapaksa called on the Tamil Tigers to surrender. Hours later, a suicide bomber struck the air force headquarters in the country's capital, Colombo, killing at least...

Author: /time Magazine | Title: The Tamil Tigers | 1/4/2009 | See Source »

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