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...Says Lars Christensen, chief emerging markets analyst at Danskebank: "If this serious crisis is allowed to run its course without outside intervention, it could be near catastrophic for the region and the impact on the Western European banking system is significant...

Author: /time Magazine | Title: The Economic Crisis Hits Eastern Europe | 2/25/2009 | See Source »

...provided $39 billion in emergency loans to shore up Eastern European economies, is discussing a regional bailout package. But the Fund is also struggling; with access to $200 billion in funds, its ability to step in is limited. "So far we've seen disappointing tendencies on the part of Western European governments moving in a more protectionist direction, which is worrying," says Christensen. "But the pressure is increasing on policy makers to find some kind of solution...

Author: /time Magazine | Title: The Economic Crisis Hits Eastern Europe | 2/25/2009 | See Source »

...wholesale sell-off would be to get a coordinated response from the G20," says Shearing. "The market is being driven by fear and panic right now, which is what happens in a crisis. They could open up funding for the region through tie-ins with central banks in Western Europe or make available an IMF crisis fund of $500 billion for emerging Europe during the downturn...

Author: /time Magazine | Title: The Economic Crisis Hits Eastern Europe | 2/25/2009 | See Source »

...established by their imperialist predecessors: hide Tibet’s holy relics, erode traditional Tibetan practices, and fill the vacuum with Chinese culture. The evil genius behind the Chinese plan—and perhaps the only reason why the suppression of Tibet has not garnered much attention in the Western world—is that the Chinese government has undertaken this attack under the guise of technology and progress...

Author: By Joe O. Masterman | Title: Imperialism in the Holy Land | 2/25/2009 | See Source »

...Late in the summer of 2006, the top Marine intelligence officer in Iraq cabled his superiors at the Pentagon that the war was essentially lost in Anbar; his dire assessment soon surfaced on the front page of the Washington Post. "The prospects for securing that country's western Anbar province are dim," the newspaper said, summarizing the report. "There is almost nothing the U.S. military can do to improve the political and social situation there." One anonymous official who read the report flatly told the paper "the United States has lost in Anbar." (See pictures of the Anbar Awakening movement...

Author: /time Magazine | Title: Obama's Iraq Pullout Plan: An O.K. from Anbar | 2/25/2009 | See Source »

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