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...comprehensive review of Afghanistan policy, and Congress is discussing massive new aid - worth $1.5 billion a year for five years - for Pakistan. For U.S. officials - a group that provided a substantial part of the Times's sourcing for its story - to drop their long reticence on the subject of the ISI's duplicity at this particular juncture suggests, to some observers, an effort to put some pressure on Islamabad. "It seems like a prelude to a new strategy, which may include asking Pakistan to do something" in the province of Baluchistan, where the leadership of the Afghan Taliban is hiding...
...requirement would be much tougher limits on how much risk any financial firm could take, so that the days of making huge bets on the markets with relatively little in capital to back them up would be no more. And Geithner's plan would also for the first time subject exotic financial-derivative products, like the credit-default swaps that took down AIG, to federal oversight and market transparency...
...Unlike economic risks that TALF may be exposed to, political risks may pose a greater threat because they are less susceptible to accurate forecasting. The furor over AIG bonuses demonstrates that the political attitudes of the administration and the legislature are subject to the vagaries of populist outrage. The proposed legislation to impose a tax of 90 percent on the retention bonuses received by AIG executives, currently before the Senate, calls the sanctity of private contracts into question. It demonstrates that the government may retroactively alter the terms of financing agreements between it and private companies. It is likely that...
...last week I found myself at the UCF Psychology Department, where a grad student affixed a device called an actigraph to my left wrist. Actigraphs look like digital watches and generate a signal each time they are moved, even slightly. They allow researchers to measure, quite precisely, a subject's kinetic activity. The boys in Rapport's experiments wore actigraphs on their ankles as well as their wrists because kids are often just as twitchy below the waist as above. (See the most common hospital mishaps...
...whose latest five-year sentence for "subversion" had been suspended, disappeared once again in early February after what was apparently a first-hand account of his jailing and torture by security forces appeared on the internet. His wife, two children and sister - all of whom have also allegedly been subject to physical and mental abuse by police - were smuggled out of the country in early March, and are now in the United States. In a related development, a Beijing law firm known for defending dissidents and others seeking redress from the authorities was shut down for six months in late...