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Dates: during 2000-2009
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...Those who support NAMA say Ireland has little option but to take the plunge. The International Monetary Fund has predicted that Irish banks could lose up to $53 billion next year if they fail to get rid of their toxic assets. For Pat McCloughan, a Dublin-based economist, the looming bankruptcy threat outweighs all other concerns. "Unfortunately, developers going out of business and home repossessions are an inevitable part of [the downturn]. But a much bigger problem would be if one of the big banks was to fail. That would have massive repercussions for a small country like Ireland...

Author: /time Magazine | Title: Irish Angry Over Big Bailout of the Country's Banks | 10/26/2009 | See Source »

...disillusionment evolve into a more serious threat against the Indian state? In their jeans and Nikes, the resentful young men of Srinagar identify most closely with youths on the streets of Gaza and the West Bank, not those in jihadist training camps. But they also insist that religious heads support what they do, and that if they die in a protest, they will be considered martyrs. A military intelligence official in New Delhi who has served in Kashmir worries, "Many young Kashmiris have taken arms and embraced radical Islam because there is no hope of a good life...

Author: /time Magazine | Title: India's War at Home | 10/26/2009 | See Source »

...been more focused on jihadists based in Pakistan, such as Lashkar-e-Taiba (LeT), the group that Indian and U.S. authorities blame for last November's terrorist attacks in Mumbai. Indian officials say that Pakistan has not only failed to prosecute any top LeT leaders, it has continued to support their incursions into Indian Kashmir. They hold up as evidence several recent incidents, including a Sept. 12 car bomb set off next to a police bus in Srinagar. "Two Lashkar commanders masterminded the attack," claims Farooq Ahmed, inspector general of police for Kashmir. Ahmed says that one of them, Abdur...

Author: /time Magazine | Title: India's War at Home | 10/26/2009 | See Source »

...cotton and soybeans. A failed monsoon meant disaster. Without the rain, the crops withered, and so did his primary source of income. Every year, all Thakare could do as the midyear planting season approached was wait and hope that the monsoon would deliver enough rain so he could support his family. (Read "Hungry? How About Some Protein-Rich Cotton...

Author: /time Magazine | Title: Back to the Land: The New Green Revolution | 10/26/2009 | See Source »

Germany's new coalition government put the finishing touches to its policy program this weekend, promising moderate tax cuts to help support the economy, a reduction in the length of compulsory military service, and the continued operation of the nation's aging nuclear power plants. No big surprises there. But one detail could have interesting international repercussions: the man designated to be foreign minister, Guido Westerwelle, is pushing for the U.S. to remove its remaining nuclear weapons from German soil...

Author: /time Magazine | Title: Germany to U.S.: Take Away Your Nukes! | 10/24/2009 | See Source »

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