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...find one increasingly likely scenario terrifying: India’s ruling coalition is seen as being weak on terror, and if the current opposition keeps up the pressure the right-wing Bharatiya Janata Party (BJP) could find itself in power after the general election next May. Like the Republican Party here in America, and like good right-wing organizations across the globe, the BJP is brilliant at hiding its ulterior motives under the veil of national security. The last time the BJP was in power was by no means tranquil, and the party’s idea of fighting terror...

Author: By Rajarshi Banerjee | Title: The Week After Mumbai | 12/1/2008 | See Source »

...Long Island (one was torn to pieces by neighbors competing for the prize), one drifted into the East River, and one floated out to sea never to return. Stubbornly, Macy's tried the balloon release again, but in 1932 an errant balloon wrapped itself around a passing airplane's wing, sending it into a tailspin. The balloon release plan was abandoned in 1933, the same year that parade attendance hit one million...

Author: /time Magazine | Title: Macy's Thanksgiving Day Parade | 11/27/2008 | See Source »

...friends Obama named to lead his economic team. Geithner, 47, will leave his job as chief of the New York Federal Reserve to become Treasury Secretary. His mentor Summers, 54, who was Treasury boss for a year and a half under Bill Clinton, will move into the West Wing in January to take over the National Economic Council (NEC), the clearinghouse for all economic policy inside the Administration...

Author: /time Magazine | Title: Jump-Starting the Obama Presidency | 11/26/2008 | See Source »

...regional voting in Venezuela on Sunday was ostensibly about gubernatorial and mayoral contests. But for the past decade, every election held in the Western hemisphere's richest oil nation has boiled down to one thing - a referendum on left-wing President Hugo Chávez. The balloting this time was no different. The bottom line: Did Chávez's party win big enough for him to rebound from a stunning defeat in last year's constitutional plebiscite? That vote reaffirmed the presidential term limits that Chávez had hoped to eliminate - and he needed a huge win this...

Author: /time Magazine | Title: Chávez: A Mixed Victory in Venezuela Elections | 11/24/2008 | See Source »

...there were any left-wing rebels or right-wing reactionaries who still thought President-elect Barack Obama planned a revolution, today they got their answer. In reportedly picking New York Federal Reserve chief Timothy Geithner, 47, to be his Treasury Secretary, Obama has officially confirmed his preference for a Cabinet of qualified insiders...

Author: /time Magazine | Title: Obama Picks Geithner, an Insider, for Treasury | 11/22/2008 | See Source »

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