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...last month is the latest sign that drug-related violence has intensified across Latin America, wreaking havoc from Mexico to Peru. And Honduras - a strategic transit point for U.S.-bound cocaine - has become ensnared in the vicious turf wars among Mexican trafficking cartels and those among Colombian producers. The turmoil in Honduras also reflects the impact of the U.S. drug war on the region's political divisions. Hours before his death, Gonzalez gave a news conference in which he accused the leftist Venezuelan government of turning a blind eye to Colombian guerrillas moving cocaine into Central America. (See pictures...

Author: /time Magazine | Title: Behind the Murder of Honduras' Drug Czar | 12/17/2009 | See Source »

...resigned their posts and strikes by those opposing Telangana's secession have paralyzed much of the state. Trains have been blocked, businesses shut down. According to news reports on Saturday, two activists in favor of a "united Andhra" took their lives in protest of the state's splitting. The turmoil has also plunged Hyderabad, a booming, cosmopolitan I.T. hub, into panic as politicians and business leaders fret over the costs of the current instability. "This will be a total flop as investors will flee," says Amruthraj Padmanabhundi, a 27-year-old I.T. professional in Hyderabad. "I am very worried [about...

Author: /time Magazine | Title: How to Rule India: Break It Into More Pieces? | 12/13/2009 | See Source »

What's going on? Part of it is the fact that "gold's gyrations are the Dow Jones index of anxiety," as this magazine put it three decades ago amid the last big gold fever. When investors are scared - about inflation, about political turmoil, about financial breakdown - they return to the soft, shiny metal that has for millennia served as a store of value. When things calm down, as they did after the gold price peaked in 1980 at $850, demand for gold subsides and the price declines. (See pictures of modern day gold prospectors...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...That's why John Maynard Keynes called the gold standard a "barbarous relic," and why you won't find anyone outside the goldbug fringe calling for a full return to the gold standard now. But a partial return, in which central banks hold gold as a hedge against financial turmoil (the Reserve Bank of India just bought $6.7 billion of the stuff from the International Monetary Fund) and gold begins to play a role in the pricing of oil and other important monetary tasks, may well be in the cards. Gold is looking less barbarous than the alternatives...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...idiosyncratic, often emotionally opaque and depressive—inhabit worlds whose visual splendor assumes the sentiment, both delicate and deliberate, of an auteur—his awareness of the history of cinema giving way to reverence and innovation in equal parts. His films identify with a generation still in turmoil over lost innocence and the transition between adolescence and adulthood. He crystallized that ethos in 2001 with “The Royal Tenenbaums,” his masterpiece. Since then, Anderson has done little more than replicate that film’s model, to no more than occasional success...

Author: By Ryan J. Meehan, CRIMSON STAFF WRITER | Title: Fantastic Mr. Fox | 12/4/2009 | See Source »

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