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Being French and highly influenced by the "soixante-huitards" wave of pseudo-revolution, I was astonished by the convergence of earth-shaking changes that took place in 1989. It has taken me 20 years to realize how flawed 1968 really was and how strong, true and long-lasting 1989 will be in our history books. Many thanks for such a landmark issue. Geoffroy de La Bourdonnaye, LE PRADET, FRANCE...

Author: /time Magazine | Title: The Legacy of 1989 | 7/27/2009 | See Source »

...Debt The U.S. Treasury Secretary reminds us that we're in a recession where debt as a share of the economy has risen to extraordinarily high levels [June 29]. Timothy Geithner says: Remember, this is a crisis born in part of the fact that households around the world took on too much debt. Wrong. Households in the U.S. took on too much debt, and the banks just encouraged them. We've got to face the music, but should not forget who provided the tune. Heinz Lichius, LAGESBÜTTEL, GERMANY

Author: /time Magazine | Title: The Legacy of 1989 | 7/27/2009 | See Source »

...State I ask Lebedev where the word oligarch comes from. "I think it was invented by Berezovsky somewhere in the '90s," he says dismissively, referring to Boris Berezovsky, the former oil and media magnate who prospered during Yelstin's rule but fled Russia facing accusations of fraud after Putin took charge. For most of that decade, between five and 10 businessmen (most notably Berezovsky, Mikhail Fridman, Mikhail Khodorkovsky, Vladimir Potanin and Vladimir Gusinsky) ruled Russia. Their power reached its height at Yeltsin's re-election as President in 1996 - the same oligarchs who financed Yeltsin's campaign went...

Author: /time Magazine | Title: Alexander Lebedev: Rich Advice | 7/27/2009 | See Source »

...July 1983, after nearly 3,000 Tamils were killed in several days of systematic anti-Tamil violence. It was the low point of what Sri Lanka's Tamils felt had been decades of official discrimination and military repression in Tamil-majority areas in the north and east. The LTTE took up arms in the name of those grievances, raising the call for a separate Tamil homeland and eventually becoming one of the world's most feared terrorist organizations. Over the years, moderate Tamil political leaders worked to reach a political solution, and several governments in Colombo tried talks with...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

...found those responsible for the murder in January of a prominent Sri Lankan journalist and critic of the government, Lasantha Wickrematunge, who was also a freelance reporter for TIME. But those who know Rajapaksa well say that his pragmatism may, in the end, win out. He never took a strong position on the LTTE until he ran for President, and he has supported privatization as President despite his long history as a left-leaning trade unionist. Most surprisingly, he was once a passionate advocate for human rights, speaking out against the government in the late 1980s during a notorious time...

Author: /time Magazine | Title: Mahinda Rajapaksa: The Hard-Liner | 7/27/2009 | See Source »

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