Word: waterous
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...TIME's parent company) became Citi's Chairman just days after the company announced an $8.3 billion fourth-quarter loss - its fifth quarterly loss in a row - and revealed that it would separate its retail banking business from the risky assets dragging it down. Citi may be taking on water faster than it can dump it out, but Parsons is no stranger to financial struggle. When he took over AOL Time Warner in 2003, the media conglomerate was $27 billion in debt and the Securities & Exchange Commission had taken a keen interest in America Online's premerger accounting practices - basically...
...been development, of course. But even success stories are full of problems. The U.S. has built new schools, but there are not enough teachers, and salaries are so low that nobody stays. On a trip to Helmand last summer I met a farmer who had been offered a water pump that would have enabled him to turn his desert-like property into a field of wheat and vegetables. He declined it, fearing that the Taliban would find out he had accepted a gift from foreigners and would execute him as a spy. (See pictures from Prince Harry's deployment...
...When farmers are afraid of water pumps and young girls are nostalgic for Taliban rule, it is clear that there has been a strategic failure. Success in Afghanistan will not be measured by the number of Taliban killed or the capture of Osama bin Laden. Even elections mean little when most Afghans assume that they are fixed by foreign nations from the outset. No, success will come as incrementally as the number of teenagers who graduate from school and find a job. It will come when Afghans look to their police for help, and when they can get justice from...
Then, Muzaffar said, they were all taken aboard a navy vessel, which towed an empty, open-deck barge behind it. The ship, he said in the transcript, sailed for a day and a half into international waters, at which point it stopped and the navy men allegedly ordered the refugees to board the barge. "First, they pointed their guns at us but we still refused to move," Muzaffar said. "Our hands were already tied on the Navy ship, but this time they also tied the legs of some people and threw four of them into the sea." Those people...
Eventually, the Indian coast guard picked up the surviving refugees and immediately noticed their abject state. The coast guard's report stated that there was a significant amount of water flooding the barge; Indian ships reportedly attempted to search for the 300 missing but were able to rescue only nine refugees from the sea. The survivors have been fed and given medical treatment. They are being housed in relief camps, where they were reached by phone calls from the Arakan Project as well as a reporter from the BBC. The Thai government has yet to return TIME's calls...