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...government announced that it would limit the amount an individual can exchange to just 100,000 won - or less than $40 at black-market exchange rates - and any amount above that threshold would be, in effect, worthless. NGOs in Seoul reported that in response to citizens' immediate and widespread anger, those limits were raised to 150,000 won in cash and 500,000 won in bank notes. (See pictures of the rise of Kim Jong...

Author: /time Magazine | Title: Economic 'Reform' in North Korea: Nuking the Won | 12/3/2009 | See Source »

...back in the news - but she's attracting a very different kind of attention. According to a claim in the National Enquirer, Rachel Uchitel has been having an affair with golf star Tiger Woods since June. Uchitel and Woods have denied the claim but have been unable to prevent widespread Internet chatter, which speculates that the jet-setting 34-year-old was the source of a fight between Woods and his wife Elin Nordegren that led to the golfer's crashing his SUV outside his Florida mansion early on Nov. 27. (The multimillionaire athlete will be issued a citation...

Author: /time Magazine | Title: Rachel Uchitel: Tiger Woods' Alleged Mistress | 12/2/2009 | See Source »

...objectives with little return. There needs to be a renewed commitment toward enabling Afghans to do the work themselves, without having to rely on foreign advisers. That will take more than 18 months and require substantial investment not just in facilities and pilot projects, but also in actual and widespread training and education. Special representative of the U.N. Secretary-General for Afghanistan Kai Eide emphasized in a frank talk with journalists on Tuesday that the foreign community should focus on a transition strategy, rather than an exit strategy. "If we are to deliver services to the people...

Author: /time Magazine | Title: Skepticism Greets Obama's Speech in Afghanistan | 12/2/2009 | See Source »

...fraction of the money spent on expensive foreign development consultants or military assets could be invested in nationwide literacy programs with far greater returns. For those who complain that education programs take at least a generation to mature, imagine what Afghanistan would be like today if there had been widespread investment in literacy and education eight years ago. There would be not only fewer complaints about Afghan capacity, but also fewer problems with corruption, which flourishes when people lack education about their rights and venues of redress. "I'm sorry, Obama Administration, but your troop surge isn't going...

Author: /time Magazine | Title: Skepticism Greets Obama's Speech in Afghanistan | 12/2/2009 | See Source »

Muslims across the country fear that the massacre, which left 12 of Hasan's fellow soldiers and one civilian dead, has increased what they say is widespread hostility toward their community. But it is surprising that Muslims in Dearborn should be fearful. After all, it's hard to imagine an American town where Muslims could feel less threatened: Dearborn (pop. 100,000) has 10 mosques in the area, more than any other city of comparable size. Muslims have had a presence in the Detroit area since the 1920s, when Henry Ford brought over thousands of workers from the Middle East...

Author: /time Magazine | Title: Dearborn's Muslims Fear a Fort Hood Backlash | 11/30/2009 | See Source »

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