Saturday, 23 February 2008

Friday, 22nd February, 2008

0827







VADUZ, Liechenstein
While the snow-covered Alps and green meadows that surround Vaduz create a bucolic ambiance, agriculture accounts for less than 2 percent of the economy.

Empty villages in Tuscany

In Tuscany's poorer areas, whole towns are becoming depopulated and thousands of acres of agricultural land falling into disuse. The trend is particularly severe in the hilly land surronding the Monte Amita.

http://www.iht.com/slideshows/2007/04/12/news/Tuscany.php












BRUSSELS
On Friday, the State Department ordered all nonessential diplomats and the families of all American staff at the U.S Embasssy in Belgrade to leave Serbia after the attack on the embassy.






WASHINGTON
The International Atomic Energy said Friday that it had confronted Iran for the first time with evidence supplied by the United States and other countries that strongly suggested the country had experimented with technology to make a nuclear weapon, but the Iranians officials dismissed the documents obtained from an Iranian scientist as "baseless and fabricated."
U.S. allies in Europe have expressed puzzlement about the intelligence estimate, and some have suggested its timing was intended to reduce the chances that Bush could take military action against Iran's nuclear sites in coming months, a notion intelligence officials deny. In recent weeks, the director of U.S. national intelligence, Mike McConnell, told Congress he now has regrets about how the intelligence estimate was presented, saying it had failed to emphasize that Iran is moving ahead with the hardest part of any bomb project: producing the fuel. Designing a crude weapon is considered a far easier task.






SEOUL
After millions of dollars and years of research, South Korean scientists successfully engineered kimchi and nine other Korean recipes fit for space travel. When the Russian space authorities this month approved them for Ko's trip, the South Korean food companies that participated in the research took out full-page newspaper ads.
http://www.iht.com/articles/2008/02/22/asia/kimchi.php





TINACO, Venezuela
“Judas is not just any donkey,” El Heraldo, a newspaper in Barranquilla, Colombia, reported last October, when public health officials barred him from entering the country because of sanitary rules governing the import of donkeys. “He was born and grew up in a beautiful and well-managed hacienda.
“Jon is a well-mannered and shy biochemist,” the newspaper continued in its description of Mr. Dunham, who did in fact earn his college degree, from Denison University, in biochemistry. “He was unsatisfied with living in the materialist realm, with the eternal anguish of getting the dollars for the gluttony of consumer society: laptop, new car, Chanel No. 5, cellphone, the latest release by Madonna or Shakira.”
Well, sort of.


CAIRO
When the Palestinians poured into Egypt, suddenly, officials in both Jordan and Egypt - the only neighbors with peace treaties with Israel - grew frightened that Israel planned to solve its Palestinian problem by forcing Egypt to absorb Gaza, and Jordan the West Bank.
"The crisis was an awakening for those who didn't know or were not familiar with plans or ideas to drop Gaza on Egypt's shoulder," said an Egyptian government official speaking on condition of anonymity because of the delicacy of the subject. Israeli officials have said that they would like Egypt to take over administration of Gaza.
"People no longer trust that a Palestinian state can be established, for one sole reason: the brutality of the Israeli state and the retreat of the Arab world," said Abdullah el-Ashaal, a former assistant to the Egyptian foreign minister and a professor of international law at Cairo University, who was articulating a widely held position in this region. "And this is why there is a return to the radicalization of the Arab attitude, meaning the words 'peace process' no longer hold any meaning."



BAGHDAD
"If you want to honestly help me, do as you are told and tolerate what I am going to say because I only call for doing good things and staying away from doing bad things," Sadr said in the statement read Friday, the Muslim holy day. "I cannot tolerate the sins of sinners and the wrongdoing of wrongdoers, for I fear the day of judgment."



BRUSSELS
The European Commission said Friday that Poland and Romania had been dodging its requests to clarify their possible role in the U.S. extraordinary rendition program.
A former Romanian defense minister, Ioan Mircea Pascu, has said that the calls by the European Union for further inquiries on rendition were unwelcome and that the EU was simply ignoring Bucharest's denials that it had permitted such prisons on Romanian territory.


WASHINGTON
The change, described by senior American and Pakistani officials who would not speak for attribution because of the classified nature of the program, allows American military commanders greater leeway to choose from what one official who took part in the debate called “a Chinese menu” of strike options.
Instead of having to confirm the identity of a suspected militant leader before attacking, this shift allowed American operators to strike convoys of vehicles that bear the characteristics of Qaeda or Taliban leaders on the run, for instance, so long as the risk of civilian casualties is judged to be low.
The new, looser rules of engagement may have their biggest impact at a secret
Central Intelligence Agency base in Pakistan whose existence was described by American and Pakistani officials who had previously kept it secret to avoid embarrassing President Pervez Musharraf politically. Mr. Musharraf, whose party lost in this week’s election by margins that surprised American officials, has been accused by political rivals of being too close to the United States.
The base in Pakistan is home to a handful of Predators — unmanned aircraft that are controlled from the United States. Two Hellfire missiles from one of those Predators are believed to have killed a senior Qaeda commander, Abu Laith al-Libi, in northwest Pakistan last month, though a senior Pakistani official said his government had still not confirmed that Mr. Libi was among the dead. A C.I.A. spokesman declined on Thursday to comment on any operations in Pakistan.



CORRECTION
A film review Friday about this year's Oscar-nominated shorts misidentifed the animation technique used in Aleksandr Petrov's "My Love". It was hand-drawn using oil paint on glass, not pastels.













LONDON
A British chef with a string of previous convictions for sex crimes was jailed for life Friday for murdering an aspiring model.
Mark Dixie, 37, who told the court he had sex with the corpse of Sally Anne Bowman, 18, but had not killed her, was told he would not be eligible for parole 34 years.












ISTANBUL
Matthew Bryza, U.S. assistant secretary of state for European and Eurasian affairs, said the incursion was "not the greatest news," Reuters reported from Brussels, while a Pentagon spokesman said the U.S. military had urged Turkey to bring the operation to a "swift conclusion," Reuters reported from Washington.
Even so, a flurry of recent visits by senior officers of both countries, including one this month by General Ergun Saygun, deputy chief of the Turkish General Staff, seem to indicate a relatively high level of mutual cooperation.
The operation is "more than a random hunt," said Sedet Laciner, head of the International Strategic Research Institution, which is based in Ankara.
It is "based on advanced technology, international cooperation and fine targeting," he said. "It is much more sophisticated and professional than operations in the past."
http://www.iht.com/articles/2008/02/22/mideast/turkey.php











Spending by Clinton campaign worries supporters
Nearly $100,000 went for party platters and groceries before the Iowa caucuses, even though the partying mood evaporated quickly. Rooms at the Bellagio luxury hotel in Las Vegas consumed more than $25,000; the Four Seasons, another $5,000. And top consultants collected about $5 million in January, a month of crucial expenses and tough fund-raising.
The firm that includes Mark Penn, Clinton's chief strategist and pollster, and his team collected $3.8 million for fees and expenses in January; in total, including what the campaign still owes, the firm has billed more than $10 million for consulting, direct mail and other services, an amount other Democratic strategists who are not affiliated with either campaign called stunning.
Howard Wolfson, the communications director and a senior member of the advertising team, earned nearly $267,000 in January. His total, including the campaign's debt to him, tops $730,000.
The advertising firm owned by Mandy Grunwald, the longtime media strategist for both Hillary Clinton and Bill Clinton, the former president, has collected $2.3 million in fees and expenses for production costs, and is still owed another $240,000.
"Fees and payments are in line with industry standards," Wolfson said. "Spending priorities have been consistent with overall strategic goals."
DALLAS
"I do think that words are important and words matter," Clinton said, "but actions speak louder than words, and I offer that."
http://www.iht.com/articles/2008/02/22/america/dems.php











CARACAS
Capping a frenzied search by helicopter high in the Andean Mountains of western Venezuela, rescue teams said Friday that they had found the debris of a plane carrying 46 people that had crashed shortly after taking off from the provincial city of Mérida.
http://www.iht.com/articles/2008/02/22/america/venez.php

OPINION: The real power struggle
The clan wars have been heating up for months. Last October, in an article in the newspaper Kommersant, Viktor Cherkesov, the head of the Federal Drug Control Service, called for a cease-fire among the warring siloviki, saying there could be no winners. He said that the state corporatism credited with saving Russia during the Putin era would collapse if the infighting continued.
One Russian commentator, Alexander Golts, observed about the siloviki: "They stood together as long as they were robbing others of their assets. But after dividing the spoils, they realized that they can only expand their wealth by robbing one another."
Whether or not any or all of the allegations against secretive Kremlin officials are fabricated or true is outweighed by the fact that they are coming to light at all, an indication that no one is deemed untouchable.
Russia is far more volatile than anyone now wants to believe. We do ourselves no favor by generously pretending that Russia is going to hold some type of "flawed" vote, when the real election will be determined by the scorecard of the clan wars.
LETTERS: The rich and everyone else
David Brooks, in his column "A Democratic presidency" (Views, Feb. 13), correctly points out the hard choices that will have to be made. However Robert Reich, ("Totally Spent," Views, Feb. 14) makes a counter argument that makes conventional thinking dysfunctional. The fact that 1 percent of the people in the world have 40 percent of the wealth, and 1 percent in the United States have about one-fifth, renders arguments about what "we" can afford absurd.
Since the super rich do not pay their fair share of taxes, there is no need to agonize about cutting school programs or providing universal health care. Imagine a group of castaways sitting in a lifeboat. One is sitting on a closed box containing food, fresh water and a short wave radio, but says "It's mine," and will not open it. That is the situation in the U.S., with its lightly taxed super rich.
Dr. Richard von Fuchs, Sopron, Hungary
ECONOMIC VIEW
Big risks in a British tax plan for wealthy foreigners
Under British tax law, foreign-born residents can opt for non-dom status. They are not taxed on their worldwide wealth, just on the money they earn in Britain or bring into the country. In effect, that made London a refuge for the super-rich. They could live virtually tax-free in one of the most exciting and dynamic cities in the world. U.S., German, Swiss and French business people flocked to work in the City, as London's financial district is known. In total, 115,000 people had non-dom status, the equivalent of a medium-sized city.



FIRST PERSON (AT HOME ABROAD)
HANOI
My husband and my children are my universe, but my parents are my North Star. I have lived abroad for a decade, moving to a new country as if it were a new state. "Home" for me remains the house that my grandfather built, which my mother and father still live in. My brothers and I know that even in the middle of the night we can come home and let ourselves in.







NEW YORK
The gown was almost wanton - fluid but curvy with a neckline that plummeted dangerously. "It makes me feel sexy and beautiful," said Natasha DaSilva, who slipped it on for a fitting last week.
Cut away at the rear to reveal a tattoo at the small of her back, the dress suggested a languorous night in the honeymoon suite.
Except that DaSilva, who will be married on Long Island in September, plans to wear it at the altar.
"Why not?" she asked. "I want to look back in 20 years and feel like I looked hot on my wedding day."

FRANKFURT
Volkswagen's long-running corruption scandal has blackened its name and tainted some of Germany's most influential executives. On Friday, a court handed down the first jail time in the affair, sentencing VW's former top labor leader to nearly three years in prison.
The court found the chief employee representative, Klaus Volkert, guilty of inciting fraud against VW, Europe's largest carmaker, after he was paid more than €2.5 million, or nearly $4 million at current exchange rates, in what the court said were improper bonuses.
HOUSTON
Three British bankers, known as the NatWest Three, were each sentenced Friday to 37 months in jail for their role in a multimillion-dollar fraud involving the failed energy trader Enron.
"Andy Fastow and the culture of greed at Enron corrupted everybody and everything it came in contact with," said Dick DeGuerin, Darby's lawyer, adding that the three Britons "are as much victims as anybody else."










Newest Restaurants Still Reflect Flush Times
SOMEBODY forgot to clue Daniel Boulud in to all of this recession talk. John Fraser and Ed Brown didn’t get the memo, either.
All three chefs recently opened, or are about to open, ambitious restaurants in Manhattan, and that’s only the half of it. They located these restaurants on the Upper West Side, which is by reputation as hospitable to fine dining as Florida was to Rudy Giuliani.
With about 110 seats, Eighty One, which will serve contemporary American food, is nearly as large as Ouest and larger than Telepan, two prominent Upper West Side peers. It faces nearby competition from Mr. Fraser’s restaurant, Dovetail, which opened with about 80 seats in December.
But Mr. Brown expressed optimism about Eighty One, into which more than $3 million has been poured.
“It’s not my feeling that we’re in a recession,” he said. “The rest of the country? Maybe. But we’re in our own country of New York.”
And in New York, he added, people and money — and people with money — are different. “Those who have it seem to always have it, and they’re going to go out to eat and maybe even spend more on dining,” he said.



ALL PHOTOGRAPHS COPYRIGHT 2008 IAN WALTHEW

Friday, 22 February 2008

Thursday, 21st February, 2008





0857













NO INTERNATIONAL HERALD TRIBUNE RECEIVED IN THE POST WITH NEWS FROM OUTSIDE THE VALLEY.

I DID RECEIVE A GLOSSY MAGAZINE FROM THE IHT CALLED 'T', 'THE INTERNATIONAL HERALD TRIBUNE STYLE MAGAZINE'.



DEVOTED TO WOMEN'S FASHION SPRING 2008 IT FEATURED THE ACTRESS CHARLIZE THERON ON THE FRONT COVER, POSING TOPLESS, HEADLINED 'NAKED AMBITION'.
SOME EXTRACTS ARE QUOTED BELOW.
IS IT JUST ME, OR AM I LOST?








LETTER FROM THE PUBLISHER
T is a useful and sophisticated instrument for navigating our visually obsessed planet, culling what is new and worthwhile...









CONTRIBUTORS: ALEXI WORTH
"Her (Japanese artist Yoyoi Kusama) airmail-sticker collages moved me because they spoke to Kusama'a special connection to the feeling of being in exile," he says. Although it was his first visit to Japan, Worth, a native New Yorker, didn't get too homesick. "I spent the majority of the time with my computer, talking to dealers and riding the subway," he says. "So it really wasn't that different from my life back home."














T: THE REMIX
IT'S ALL ABOUT
Innocence, Yin and Yang, Scents of History, Liberty Belles, Power Vibes, Shades of Gres.

(Picture: Soft focus: A detail from David Hamilton's 1971 photograph "The Shell Seekers" captures the season's gauzy sensuality.)











THE INNOCENCE PROJECT (Horacio Silva)
Of course the idealized vision of the incorruptible gil-woman, which has been sampled add nauseam throughout the years, should surprise no one.

And isn't innocence the ultimate fleeting moment - in other words, catnip for an industry perennially in search of the, well, moment?

Needless to say, transgressive designers are most likely drawn to virtue because of the possibility of its being defiled. After all, even those most above suspicion can turn out to be as sweet as sour milk,

Innocent but carnal - how very this season.












SIMON DOONAN FREE-ASSOCIATES
My 37 shirts, custom made from Liberty fabric by Hamilton have liberated me from the burden of thinking about what to wear.












BABY STEPS
The model Liya Kebede has made great strides for racial diversity in fashion. Now, she's starting Lemlem, a mostly hand-woven line of children's clothes made in Africa, in the hope that a younger crowd will embrace her multi-culti ideas.
The outfits have an Ethiopian vibe with a New World ease. Finicky tots will approve.










SCENT NOTES (Chandler Burr)
Purple Patouchli, one of Tom Ford's Private Blends created by David Apel, is a different gloss on the art-house scent. Apel and Ford have refined and enlarged the patchouli scent track of a 1968 acid trip into something marvelous: Jimi Hendrix in a Tom Ford suit. This perfume is sweat and animal wildness, at the volume of a concert amp, swathed in a $4,000 handmade European-cut worsted suit, Italian 42 long.








THE FLAPPER DOESN'T CHANGE HER SPOTS: What Lindsey Lohan can learn from a 1920's 'IT' girl.
Sally Phipps played a new kind of heroine who flirted with morality while dressed to the nines.



OBJECT LESSONS (Alice Rawsthorn)
POWER PLAY
There's a school of style slut (and I'll own up to being a member) that likes to believe changes in fashion reflect broader shifts in society, geopolitics, the arts, the economy and so on. Maybe it makes us feel less guilty about spending quite so much time and money on what we wear, or perhaps it gives us an excuse to talk about it longer.



TRUNK SHOW: BE SHEENA, QUEEN OF THE JUNGLE, IN THIS SEASON'S POSH VERSION OF THE LOINCLOTH.
Photographs by MARK SEGAL
[P.74 Picture of a flat chested, heavily made up model dressed in lingerie, shot in soft-focus David Hamilton style. The model appears to be about the age of Jodie Foster in Taxi Driver.]









THE GET: Mirror Image
Calling all narcissists: now you can check yourself out in your shoe. This mirrored platform is by Roger Vivier.





THE GET
One of her (Lane Crawford's Sarah Rutson) favorite accessories is invisible. Yu, a limited-edition perfume from Mane, costs $5,000 and "contains rare, sustainably harvested plant essences like Indonesian champak and Mysore sandalwood."







CHARLIZE ANGEL
MAKE NO MISTAKE, THE HEAVENLY CREATURE KNOW AS CHARLIZE THERON HAS HER FEET FIRMLY PLANTED ON THE GROUND.
Text by LYNN HIRSCHBERG
Photographs by MATTHIAS VRIENS
LH: In your new film, "Sleepwalking", you not only star but you also produce. Was that difficult?
CT: People forget that I produced "Monster" [the 2003 film for which Theron won an Oscar...]






JANE'S ADDICTION
In her library, with its Andy Warhols and Keith Harings, Holzer mixed vintage chairs by Jacques Adnet and Marco Zanuso with a sofa from Macy's. One thing Holzer is not is a snob.




KUSAMA DOTCOM: Is she mad or merely cunning? While the art world debates, Yayoi Kusama climbs back on top. By Alexi Worth.
After Akari [the photographer] left, we sat back down at her conference table. I told her it seemed odd to me that a woman whose art was so often comic, and even outrageously funny, should smile so seldom.
"I don't know what you are talking about," she answered. There was no anger in her voice, but she whispered something further in Japanese to an assistant. The assistant leaned over to me:that was it. The interview was over.
















ALL PHOTOS COPYRIGHT IAN WALTHEW 2008

Wednesday, 20 February 2008

Wednesday, 20th February, 2008

0740















TAIWAN
Every year during its Lantern Festival, thousands of people in Taiwan light lanterns and send them skyward with prayers, a ritual that dates back centuries. And every year, environmentalists say the tradition unnecessarily sends garbage into the sky.
This year, if Taiwan's environmental groups have their way, thousands of people will release "virtual sky lanterns" on the Internet, without garbage.

http://www.iht.com/articles/2008/02/20/asia/lantern.php











PARIS
According to the report, Kerviel began his unauthorized trades in 2005, shortly after he joined the bank's Delta One equity derivatives trading desk, buying options and warrants on individual stocks, including Allianz, Deutsche Bank and Porsche. Kerviel moved on in 2007 to take larger positions on stock index futures and forwards. Beginning in March of last year, he built up a short position in unspecified index futures that reached a notional value of €28 billion by June 30. That position was unwound in November, the report said, resulting in a profit of €1.5 billion.
http://www.iht.com/articles/2008/02/20/business/socgen.php





INSIDE THE MARKETS: China banks could face credit crisis of their own
HONG KONG
Banks in China seem to have dodged a bullet in the U.S. subprime mortgage crisis. Chinese lenders accumulated large amounts of that bad debt. But bankers have assured investors they are within manageable levels that won't greatly affect their profit, fattened by a domestic economy that is growing at double-digit rates.
But that doesn't mean China will be able to avert a credit crunch of its own making. In fact, risks are growing of a credit crisis with Chinese characteristics. A crisis like that could rock global markets, because China has been one of the few bright spots in the world economy.
With memories still fresh of Beijing's having injected more than $260 billion into its banks while shifting bad loans off their books, another huge bailout may become necessary if loose lending practices are not halted.
What could trigger such a turnaround in the Chinese credit market? A sudden sharp slowing of the Chinese economy. That's not as far-fetched as it might seem. Weaker overseas demand and the bursting of an asset bubble in China could result in defaults by droves of companies.
Sudden deflation of a bubble can lead to fast-deteriorating asset quality, cascading in a chain reaction through the financial system, as has happened in the United States.

Warning lights are already flashing. The nonperforming loan ratio for major Chinese banks rose for the first time in two years, to 6.72 percent in the fourth quarter from 6.63 percent in the previous quarter. That level is dwarfed by the 20 percent to 50 percent nonperforming loan ratios six years ago, but the trend is worrisome.
"History shows even the worst banking systems can appear decent during periods of robust GDP growth," said Charlene Chu, a senior director at Fitch Ratings. "Fitch remains concerned Chinese banks could well be underestimating potential future credit losses."


While reckless lending to home buyers brought some American banks to their knees, loans to exporters and property developers are threatening to do the same to Chinese banks.
Caught between an appreciating yuan, weaker global demand and rising costs at home, exporters are facing the toughest time in 20 years. In the Guangdong area near Hong Kong, about 12,000 exporters are likely to go bankrupt early this year, according to the Shenzhen OEM Association, an industry group.
Signs are also suggesting that loans to real estate developers may go awry. After investors got used to rising housing prices, they are suddenly falling by double digits in certain cities.
The recent sell-off in the Chinese stock market - down 25 percent in the past four months - could also hobble banks because a big chunk of their business comes from equity-related products. A fair amount of corporate lending found its way into the stock markets, and that money might have evaporated already.
Chinese banks have, though, raised billions of dollars from capital markets, and this would help them absorb any credit losses. But the question remains: What level of asset quality shock could Chinese banks absorb?
"Chinese banks are largely untested," said Alex Boggis, director at Aberdeen International Fund Managers. "They do not have much experience handling the stress and strains associated with open markets. That is why we do not like to own them."
Chinese banks dominate the list of the world's most valuable banks, thanks to strong demand for a limited amount of shares, which distorts their valuations. But judging by banks' ability to manage their risks, they are hopelessly small and far behind. If current trends continue, before long many of those mighty banks might have to ask Beijing again for billions of dollars in bailouts.

http://www.iht.com/articles/2008/02/20/business/rtrcol21.php






PARIS
Global market turmoil took the shine off the earnings of two more European banks Wednesday.
BNP Paribas, one of the largest banks in France, reported a 42 percent decline in fourth-quarter profit after writing down the value of securities hurt by worsening credit markets.
And Alliance & Leicester of Britain warned that a big rise in financing costs would derail 2008 profit after a write-down on risky assets hit 2007 results.


BNP Paribas took €589 million worth of write-downs on leveraged loans and debt backed by bond insurers, and set aside €309 million linked to U.S. loans and securities.

Alliance & Leicester suffered a £185 million write-down on its exposure to assets that have been tarnished by the U.S. subprime housing crisis - in line with guidance three weeks ago.
http://www.iht.com/articles/2008/02/20/business/banks.php






NEW YORK
KKR Financial Holdings, Kohlberg Kravis Roberts's only publicly traded fixed-income fund, has delayed repaying debt for a second time in six months after failing to find buyers for commercial paper backed by mortgages.
Lenders to the fund agreed to the delay as KKR Financial sought to restructure, the company, based in San Francisco, said in a regulatory filing Tuesday. KKR Financial, whose stock has fallen 50 percent in the past year, did not say how much debt is affected.
The announcement rekindled concerns that the decline in the market for short-term asset-backed debt, which totaled $1.2 trillion in August, would accelerate after a rebound early last month. Assets fell to $796 billion in the week ended Feb. 13, the third straight weekly drop. Standard & Poor's downgraded ratings on notes issued by KKR Pacific Funding Trust last week, citing uncertain pricing on the AAA-rated securities that support them.
"The picture is getting worse and worse," said Felix Freund at Union Investment in Frankfurt. KKR Financial's second repayment extension "shows there is still a lot of levered investments in the credit market that we can't see."

http://www.iht.com/articles/2008/02/20/business/kkr.php






WASHINGTON
Plans for sweeping government bailouts and wholesale rewriting of mortgage terms that were unthinkable at the start of the U.S. housing crisis are gaining traction as other efforts to stabilize the market fall short.

But even those bold ideas might soon become outdated if the housing crisis worsens, said John Taylor, whose National Community Reinvestment Coalition first pitched a mortgage-buying project by the U.S. government early last year.
"When we first proposed this, it had little support," Taylor said. "Now it does, but it will also take 6 to 12 months to set up. I just don't think we have that kind of time."

http://www.iht.com/articles/2008/02/20/business/housing.php






LONDON: Investors already gearing up for more economic woes - next year
Six months after the turmoil began, the credit crunch has prompted a cut of 2.25 percentage points in the benchmark U.S. interest rate and the first coordinated action by the world's top central banks to calm money markets since the September 2001 terrorist attacks.
Yet, as the world economy slows, some stock indexes have fallen 20 percent from their peaks, dipping into the technical definition of a bear market. Many loan and bond markets remain squeezed shut, and insurance premiums on credit defaults have soared to record heights.

The crisis, which originated from a collapse in the U.S. subprime mortgage market, has to date cost the global banking sector well in excess of $100 billion in debt write-downs - around a third of the estimated total loss of $300 billion to $400 billion.

The upshot is that markets may not have discounted the full picture yet.
"We are in the early stages of a profit recession," David Rosenberg, North American economist for Merrill, wrote in a note.
"Those in the V-shaped recovery camp are going to look back on this whole post-bubble deleveraging period, surprised to see that" what looked like a series of Vs "was really just part of a string of 26 Ws in a row," Rosenberg wrote.
"The transition to the next economic cycle and bull market is going to be long and arduous."
U.S. rate cuts and Washington's fiscal package may help a recovery, but this is also threatening to push inflation higher at a time when commodity and energy prices are hitting record highs.
This is further complicating the 2009 outlook.

http://www.iht.com/articles/2008/02/20/business/invest.php









CABRA, Kosovo
On Wednesday, the European Union formally began its 1,800-strong legal and judicial mission in Kosovo, provoking sharp criticism from Moscow. Pieter Feith, the EU's special envoy, appealed to Serbs, who consider the mission "an occupying force," to stop demonstrating and to live side by side with ethnic Albanians.
But privately, EU diplomats expressed worries that Kosovo's Serbs could provoke ethnic Albanians, undermining whatever collective Serbian and Albanian authority remained in northern Kosovo, and entrenching Belgrade's control so that de facto partition became a political, if not legal, reality.
"The Serbs appear intent on provoking an Albanian reaction and to make the international community's mission here impossible, but we will not allow legal partition," said a senior EU diplomat, requesting anonymity. But another EU diplomat said that if Serbs pursued de facto division, "there is not a lot that could be done."


"This is my land and we must stay here to show Serbia that this is Kosovo," said Zuka Ilir, an unemployed 28-year-old. "But we are afraid. We don't know what will happen."
"I will stay here and fight if I have to," added Xhevadet Beka, a 26-year-old engineer. "For now we put our faith in NATO, the EU and the United States. But we are very, very afraid that the Serbs will try and take over northern Kosovo, and it is impossible. We will not allow it."
http://www.iht.com/articles/2008/02/20/europe/kosovo.php






NAIROBI
He [the secretary general of Odinga's Orange Democratic movement] called for Parliament to convene within a week to enact constitutional changes to restructure the government in a way that will divest some of the power from the presidency.
"If that does not happen, ODM hereby gives notice that we will call our supporters to mass action within one week," he said.
The information minister, Samuel Poghisio, decried Nyongo's comment as incendiary.
"You cannot threaten mass action in a nation that requires peace. It is a contradiction," Poghisio said.




COMMENTARY: Change you can believe in
Boris Tadic, the Serbian president, took this line at the United Nations this week, insisting that Kosovo's independence "annuls international law, tramples upon justice and enthrones injustice."
He's wrong. Let's set aside the fact that Kosovo held one of the eight seats in the rotating presidency of a defunct state, Yugoslavia, and other holders of those federal seats from Slovenia to Bosnia to Macedonia all become independent.
At a deeper level, the story of little Kosovo is the story of changing notions of sovereignty and the prising open of the world.
Which brings us to "R2P." That's not a rock band or a chemical compound.
In 2005, the World Summit adopted the
"responsibility to protect," known by that acronym. R2P formalized the notion that when a state proves unable or unwilling to protect its people, and crimes against humanity are perpetrated, the international community has an obligation to intervene - if necessary, and as a last resort, with military force.
The "territory of law" is now also the universal territory on which human life is protected. Westphalian principles meet R2P. An R2P generation is coming. The prising open of the world is slow work, but from Kosovo to Cuba it continues.


MOSCOW
The executive director, Kenneth Roth, who is based in New York, addressed a news conference in Moscow by telephone, noting that this was the first time since the fall of the Soviet Union that the Russian government had refused a visa for an official of Human Rights Watch.
"This is an unfortunate illustration of precisely the kind of harassment of NGOs that we have documented," Roth said, referring to nongovernmental organizations.
The Russian Foreign Ministry would not comment on the denial of the visa.




LONDON
Karol Sikora, a professor of cancer medicine at the Imperial College School of Medicine and one of Charlson's co-authors, said that co-payments were particularly prevalent in cancer care. Armed with information from the Internet and patients' networks, cancer patients are increasingly likely to demand, and pay for, cutting-edge drugs that the health service considers too expensive to be cost-effective.
"You have a population that is informed and consumerist about how it behaves about health care information, and an NHS that can no longer afford to pay for everything for everybody," he said.
As wrenching as it can be to administer more sophisticated drugs to some patients than to others, he said, "if you're a doctor working in the system, you should let your patients have the treatment they want, if they can afford to pay for it."
In any case, he said, the health service is riddled with inequities. Some drugs are available in some parts of the country and not in others. Waiting lists for treatment vary wildly from place to place. Some regions spend £140 per capita on cancer care, Sikora said, while others spend just £45.
LONDON
Foreigners who live and work in Britain will have to wait longer, pay more and even carry out charity work if they want to become citizens under new laws proposed Wednesday.
Home Secretary Jacqui Smith said those who want citizenship, which allows them to live and work without a visa and gives them a vote, must prove their allegiance to Britain.



LETTER FROM EUROPE:
Whose Kremlin is it? Medvedev's economic plan rocks the boat
BERLIN
"There is a struggle of Byzantine proportions taking place inside the Kremlin," said Anders Aslund, a Russian expert at the Peterson Institute for International Economics in Washington. "Until this is resolved, there is no chance of implementing bold reforms."
If Medvedev is true to his word, he would have to resign from Gazprom on his election. It would also mean that other powerful and very wealthy individuals in the Kremlin who oppose Medvedev would have to relinquish their posts, too.
They make up a formidable list. It includes Viktor Ivanov, who is responsible for personnel in the Kremlin and is chairman of Almaz-Antei, the armaments company as well as Aeroflot, the Russian national airline. Then there is Andrei Fursenko, minister for education and chairman of Rosnanotekh, a corporation established last July to promote nanotechnology. Another Kremlin aide, Sergei Chemezov, a former KGB officer who worked with Putin in Dresden, is chief of Rosoboronexport, the arm trade export agency.
All of them owe their positions to Putin and most of them come from St. Petersburg, his political birthplace. Yet by anointing Medvedev as his successor, Putin may in fact be undermining the economic power they have accrued over the years. If so, Kremlin watchers say they will try and resist plans by Medvedev to change the direction of the Russian economy.

HAVANA
"This is what we needed. I hope to God people have more freedom - the freedom to have opinions and always speak their minds," said Lydis Perez, 37, said after dropping her son off at school.
"People talk in the hallways or the back rooms," she said, adding, "There's a lot of fear."

http://www.iht.com/articles/2008/02/20/america/cuba.php








ISLAMABAD, Pakistan
Secular political parties had the most success, while Islamic hard-line groups fared badly.
Voters in the troubled North West Frontier Province, which borders Afghanistan, rejected Islamist parties that have ruled there for five years, favouring instead parties that promised to pave the streets, create jobs and bring peace to the turbulent province through dialogue and economic incentives to the extremists.
"They didn't do anything for the people," Bokharis Shah, 65, said of the religous parties. "They have done nothing to help the people, and we are afraid to come out from our homes because of all these bomb blasts."






BARCELONA
Security experts say no one believes that bin Laden is carrying a mobile phone or using technology that could leave a digital trail.
But with 65 million people using mobile phones each day in Pakistan, the country is much more wired together than it was when bin Laden disappeared, which may be bad news for terrorists in general.
When the World Trade Center and the Pentagon were attacked in September 2001, Pakistan had only a rudimentary fixed-line phone network operated by the government.
Today, five privately owned wireless operators owned by investors from Egypt, Norway, the United Arab Emirates, Abu Dhabi and Pakistan have crisscrossed the country with cell base stations. The operators, Khaliq said, spent a combined $8 billion in 2007 to expand their networks, which now reach 70 percent of the country's 160 million people.

http://www.iht.com/articles/2008/02/20/technology/wireless21.php

EDITORIAL Twilight of the dictators: A chance for Pakistan...

The White House has long insisted that there was no choice but to look the other way as Musharraf jailed journalists and lawyers, dismissed the Supreme Court and declared emergency rule. Islamist extremists, we were told, would win any fair democratic fight. Instead, even with a rigged system, the moderates managed to win.

http://www.iht.com/articles/2008/02/20/opinion/edictators.php














WASHINGTON
A popular boss, Rodriguez occasionally flashed the maverick spirit prized by clandestine officers. A former colleague recalls that while in Mexico he named his horse Business, instructing subordinates to tell the ambassador or CIA brass that he was "out on Business."
http://www.iht.com/articles/2008/02/20/america/cia.php

LONDON
The former head of MI6 denied Wednesday that the British intelligence agency killed Princess Diana and her boyfriend, Dodi Fayed, in 1997.Sir Richard Dearlove, who was MI6's director of special operations at the time of Diana's Paris death, told a coroner's inquest that MI6 didn't assassinate anyone between 1994 and 1999, when he was director of special operations.

Assassination, he said, was contrary to government policy, and he was unaware of any such activity by the agency during his career. He also denied that MI6 mounted any operations directed at her or Fayed, including surveillance or bugging, and took no particular interest in her campaign against land mines.

Dearlove also testified that an operation by rogue agents would have been "impossible." http://www.iht.com/articles/ap/2008/02/20/news/Britain-Diana.php

OPINION: Unforgivable behavior, inadmissible evidence

Twenty-Seven years ago, in the final days of the Iran hostage crisis, the CIA's Tehran station chief, Tom Ahern, faced his principal interrogator for the last time. The interrogator said the abuse Ahern had suffered was inconsistent with his own personal values and with the values of Islam and, as if to wipe the slate clean, he offered Ahern a chance to abuse him just as he had abused the hostages. Ahern looked the interrogator in the eyes and said, "We don't do stuff like that."
Today, Tom Ahern might have to say: "We don't do stuff like that very often." Or, "We generally don't do stuff like that."
That is a shame. Virtues requiring caveats are not virtues.

http://www.iht.com/articles/2008/02/20/opinion/edavis.php















COMMENTARY: When the magic fades
Up until now The Chosen One's speeches had seemed to them less like stretches of words and more like soul sensations that transcended time and space. But those in the grips of Obama Comedown Syndrome began to wonder if His stuff actually made sense. For example, His Hopeness tells rallies that we are the change we have been waiting for, but if we are the change we have been waiting for then why have we been waiting since we've been here all along?
http://www.iht.com/articles/2008/02/20/opinion/edbrooks.php















Advice to psychiatrists: Try some therapy
To be any good, a cardiologist should be an expert in the use of his instrument, whether the stethoscope or the cardiac catheter. But how does this principle apply to psychotherapists?
One way to think about it is that a therapist should not start exploring a patient's mind without really knowing what is in his own. Therapists, just like their patients, bring their own life experiences into treatment, which influence their feelings about their patients — a process called countertransference.
Therapists who do not understand their own countertransference run the risk not just of misunderstanding their patients, but of confusing their own hang-ups with those of their patients.

http://www.iht.com/articles/2008/02/19/healthscience/21snshrink.php














Gentlemen, 5 easy steps to living long and well
Living past 90, and living well, may be more than a matter of good genes and good luck. Five behaviors in elderly men are associated not only with living into extreme old age, a new study has found, but also with good health and independent functioning.
The behaviors are abstaining from smoking, weight management, blood pressure control, regular exercise and avoiding diabetes. The study reports that all are significantly correlated with healthy survival after 90.

http://www.iht.com/articles/2008/02/19/healthscience/19aging.php










THIS ARTICLE WAS PUBLISHED TWICE IN ONE WEEK.


FRANKFURT
"The mind-set in Liechtenstein is: we will cooperate on criminality and terrorism," Pieth said. "If you say 'terrorism' you'll get everything you need from Liechtenstein. But tax evasion is a different matter."
LONDON
The British government is seeking to protect art investments from the potential side effects of a tax on foreigners who live in the country, the minister of state for culture, Margaret Hodge, said Wednesday.









FEEDING THE DIGITAL JUKEBOX
I possess a fairly nice stereo and some 2,500 CDs but the biggest problem is the custom-built cabinet I commissioned to house my music. It sits on an astounding 20 percent of the usable space in our living room.



NEW YORK
He cited as a cautionary tale the network's experience with "Kidnapped," a show from a season ago.
"That's a perfect example," Graboff said. "The pilot cost $7 million to produce. We put it on sale to advertisers in May, and they ran for the hills. If we had been able to sit down and have a two-way conversation about them and we told them we had a show about a 13-year-old boy who is kidnapped for the entire season, they would have told us, 'Good for you, but we're not putting our clients in it.' "
SPORT
PERTH, Australia
The Western Force is seeking to end Matt Henjak's contract after the scrum half was found guilty of breaking a teammate's jaw.
A disciplinary committee found that Henjak "savagely punched" winger Haig Sare, who was sitting down aat the time, at a hotel in Perth this month. Sare, who is out for six weeks because of the injury, was also fined and suspended for eight matches. Henjak was sent home from an Australian tour in 2005 for fighting in a night club in Cape Town. He has not played for the Wallabies since. The Force, which is based in Perth, said it had taken Henjak's record into account and asked the Australian Rugby Union for permission to cancel his contract.
Two other force players, Scott Fava and Richard Brown, were fined and ordered to undergo counselling for alcohol absue after being found guilty of mishandling a rare marsupial during a preseason training camp in December.









ALL PHOTOGRAPHS COPYRIGHT IAN WALTHEW 2008

Tuesday, 19th February, 2008



0910











HONG KONG
Food prices led the overall increase in consumer prices in January, climbing 18.2 percent. Economists had expected a sharp increase, partly because the harvest was poor last year for many crops and partly because snowstorms began to hurt food production and distribution in late January.
http://www.iht.com/articles/2008/02/19/business/yuan.php





DENVER
Undercover video taken at the Westland/Hallmark Meat of Chino, California, shows workers shocking, kicking and shoving debilitated cattle with forklifts, prompting the government to pull 143 million pounds, or 65 million kilograms, of the company's beef.
Bo Reagan, vice president of research for the Colorado-based National Cattleman's Beef Association, said the videotaped incident was not indicative of how most slaughterhouses operate.
"The welfare of our animals - that's the heart and soul of our operations," Reagan said.
U.S. Department of Agriculture guidelines mandate that an inspector must review sick or injured animals, called "downer" cattle, before they can be slaughtered. The 1958 Humane Slaughter Act sets strict rules for the humane treatment of animals.

"What happened in this case was that there were some animals that were harvested out of compliance," he said.

Two former Westland/Hallmark employees were charged Friday. Five felony counts of animal cruelty and three misdemeanors were filed against a pen manager. Three misdemeanor counts - illegal movement of a non-ambulatory animal - were filed against an employee who worked under that manager. Both were fired.
No charges have been filed against the company, but an investigation by federal authorities continues. A phone message left Monday for Westland/Hallmark president Steve Mendell was not returned.

http://www.iht.com/articles/2008/02/19/business/beef.php











LETTER FROM EGYPT
A town grapples with overly rapid development
A rival complex, Adrere Amellal, offers an eco-tourism alternative with bungalows and guest houses made of date-palm wood and kershef, a mixture of mud and rock salt. The swimming pool is fed by a natural spring, and its 40 rooms have no electricity. Still, Adrere Amellal is considered a luxury resort; Charles, the prince of Wales, and his wife, Camilla Parker-Bowles, stayed there last March."Siwa can benefit from bringing tradition and knowledge together," said Mounir Neamatalla, the hotel's developer and head of Environmental Quality International, a Cairo consulting firm.Neamatalla thinks progress is inevitable; it just has to respect limitations to prevent problems like the water table dropping. The airport will convert Siwa into an inland Sharm el Sheik, he predicted."We're at a crossroads," he says. "Siwa is not just a place, it's a mood."
http://www.iht.com/articles/2008/02/19/africa/letter.php





BUSINESS OF GREEN: Those who aspire to be green may want to cut back on travel
When Brand and his colleagues were commissioned by Tesco, the British supermarket chain, to analyze employees' carbon emissions over a year, they found that car and air transportation contributed the largest portion - more than 75 percent - of personal emissions for many people, particularly those younger than 30.
All over the developed world, people are turning down the thermostats in winter to reduce heating emissions. They are changing conventional light bulbs to low-energy fluorescents. They recycle cans, bottles and newspapers as never before. But few have been willing to give up the car or the chance for an exotic summer vacation.
A survey released this year by Defra, the British environment agency, found that 80 percent of people were concerned about climate change, and three quarters would be prepared to change their behavior "in some way" to limit climate change.
But not in the ways that count most: Only 5 percent of car drivers said that they had driven less because of environmental concerns. Only 10 percent of people who had flown in the past year said that they would fly less this year because of climate-change concerns.

http://www.iht.com/articles/2008/02/19/business/greencol20.php





LONDON
Porsche, angered by the London mayor's planned £25-a-day tax on gas-guzzling cars driving in the city center, threatened Tuesday to take him to court.
http://www.iht.com/articles/2008/02/19/business/congest.php




LONDON
The world's largest hotelier, InterContinental, on Tuesday met forecasts with a nearly 19 percent rise in 2007 profit and said it would carry on opening a hotel a day despite fears of a U.S-led global recession.
http://www.iht.com/articles/2008/02/19/business/hotel.php






PARIS
"Jérôme Kerviel was not supposed to be taking any open positions," said Jean Dermine, a specialist in asset and liability management at Instead, a leading French business school, referring to the former trader's role as an arbitrageur, which did not allow him to place large "open" or speculative bets. "So the big question is, why was there not a process in place to make sure that every trade being entered into the bank's computers was real and not fake?""It seems like this is a pretty basic question, to which we have not yet heard a convincing answer," Dermine said.Risk management experts said the futures markets where Kerviel was active were extremely liquid, resulting in daily trading volumes valued in the hundreds of billions of dollars. This allows individual traders to assume very large positions without drawing much attention. Still, a loss of the size that was on Kerviel's trading book in July would have been unlikely to escape notice in Société Générale's back office, they said."Large losses would have implied very large margin calls, which the bank would have had to cover in cash," Dermine said. http://www.iht.com/articles/2008/02/19/business/socgen.php











LONDON
Credit Suisse shook investor confidence on Tuesday when it said that pricing errors by a handful of traders on some asset-backed securities had contributed to new write-downs of $2.85 billion, only a week after the Swiss bank reported solid fourth-quarter earnings.

Credit Suisse's chief executive, Brady Dougan, described the mispricings, which came to light last week during a special review for a $2 billion bond sale, as "very disappointing." But he said they most likely were "an isolated incident."
The traders involved were suspended but are still employees of Credit Suisse.


"It's a big shock for the whole market," said Françoise Mensi, a fund manager at Banque Bonhôte in Neuchâtel, Switzerland. "You just don't trust the numbers any longer."

Regarding Credit Suisse, a team of Dresdner Kleinwort analysts wrote in a note to investors that disclosing the losses just one week after reporting a fairly clean set of results is "impressive proof of zero visibility in investment banks' balance sheets."

Banks worldwide have reported more than $130 billion in write-downs for the value of assets, including collateralized debt obligations or other debt backed by U.S. subprime mortgages. But losses have also spread to other non-mortgage related debt as economic growth in the developed world slows. A UBS analyst, Philip Finch, last week said banks could face up to $203 billion in additional write-downs mainly because of a worsening bond insurance crisis.
http://www.iht.com/articles/2008/02/19/business/suisse.php










VADUZ, Lichenstein
The criticism of the German government's methods was echoed by lawyers in Germany, some of whom predicted that the courts would not admit data from a stolen computer disc as evidence in criminal trials. "Of course, we know that secret services pay for information," said Eberhard Kempf, a leading German defense attorney. "But in this case, to pay for stolen data to be used in a legal case is unthinkable."
http://www.iht.com/articles/2008/02/19/business/tax.php











HAVANA
In Varadero, workers collected garbage and cleaned pools as they normally would. On the highway, workers whitewashed barriers. In the seaside city of Matanzas, Eliana Lopez, a 55-year-old transportation inspector who had heard the news on her way to work, said she expected the revolution to continue, with change coming slowly but surely.
http://www.iht.com/articles/2008/02/20/america/20cuba.php















MUMBAI, India
Consider the microcosm of Mumbai. Since 1990, around the time that India opened its gates to the world, the annual number of divorce petitions filed in Mumbai has more than doubled to reach 4,138 in 2007, far outpacing population growth, according to data culled for this article from musty, hand-kept records at the city's family court.
Or, to put it more vividly, Mumbai made divorcés of 30,000 more people in those 17 years than it would have had the annual rate of breakups held at the 1990 level.

But in an India drenched in foreign influences - Hollywood in the theaters, teenagers named Sunita who call themselves "Sarah" and answer calls for Citibank's American customers - an imported idea of love is spreading.
Ever more couples marry each other for each other, out of personal enthrallment rather than a sense of family duty, and even arranged marriages come with new expectations of emotional fulfillment. And it is this new notion of love, with the couple at the core, that makes marriage both more riveting and more precarious than ever before, many Indians believe.


In a recent case in Mumbai divorce court, a woman charged her husband with putting his parents ahead of her. The parents lived in the ground floor; the husband and wife lived in the apartment above. Every night, upon returning from work, the husband stopped at his parents' home first and only then went home. He saw things through a traditional lens, with his wife as one in a range of family obligations. She desired to be the core of his universe, not unlike in the Western home.

One evening two years ago, as her husband poured a drink, she told him they should not waste their money on alcohol. He got up, put on a T-shirt, pulled money from a drawer and made for the door. "I said, 'If you want to go, go. But don't come back,' " Chitra recalled. "And I regret my words, because he never did. He hugged and kissed me, he kissed my daughter, and he never came back."
She added, sitting in the courthouse where she had come for a divorce: "This could happen only in this current generation."

http://www.iht.com/articles/2008/02/19/asia/divorce.php

















BRUSSELS
The danger of instability was underlined Tuesday when violence returned to the region and UN police officers pulled out of two Kosovo border posts destroyed by Serbs who reject the authority of the Kosovo government, which declared independence on Sunday.

"We might end up with a situation where Kosovo has limited international legitimacy, cannot make many commercial deals and cannot receive much money from international institutions," Antonio Missiroli, a director of studies at the European Policy Center research institute in Brussels, said.

On Tuesday, there was no let-up from Russia, whose Foreign Ministry issued a statement saying that Sergey Lavrov, the foreign minister, had spoken by telephone Monday with Secretary of State Condoleezza Rice. During the call, the statement said, Lavrov warned of "dangerous consequences" that "could destroy the principles of world order and the international stability that have been established for decades."
Meanwhile, the risks were illustrated when a mob of Kosovo Serbs burned two border posts in the northern part of Kosovo, prompting NATO troops to intervene and fanning fears that the Serb-dominated north could boil over and entrench a partition of Kosovo.
In Jarnije and Banja, about 29 kilometers, or 18 miles, north of Mitrovica, the police said several hundred Serb men had used plastic explosives and bulldozers to attack the two posts. They vandalized and set fire to passport control booths. No one was injured.

http://www.iht.com/articles/2008/02/19/europe/kosovo.php












ZURICH
Two Impressionist paintings stolen in one of Europe's largest art thefts have been recovered from an abandoned car near the museum where the robbery took place, the Swiss police said Tuesday.

After the news conference, Cortesi [Zurich police spokesman] was asked whether a ransom had been paid. "It is unknown whether a sum of money has moved," he replied. Gloor [museum director], who was standing next to him, said, "I can't give any information on that."
http://www.iht.com/articles/2008/02/19/europe/zurich.php












YEREVAN, Armenia
Larisa Torosian, a supporter of Ter-Petrosian who monitored voting in the town of Abuvian, said that after she flagged violations at a polling station she was beaten by a group of people who identified themselves as Sargsyan campaigners. "It is not an election, it's a seizure of power," said Torosian, who had bruises around her left eye.

The two presidential candidates have differing views on the future of Nagorno-Karabakh. Sargsyan, a native of the region and a decorated war hero, appears less likely to compromise than Ter-Petrosian, who was forced to resign in 1998 after advocating concessions there.
http://www.iht.com/articles/2008/02/19/europe/armenia.php











Princeton to help students spend 'gap year' abroad
Seizing on students' desire for a year off before college, Princeton University is working to create a program to send a tenth or more of newly admitted students to the U.S. university for a year of social service work in a foreign country before they set foot on the campus as freshmen.
http://www.iht.com/articles/2008/02/19/america/princeton.php













DALLAS
Perhaps the most intriguing item was what purports to be a transcript of a conversation Ruby had with Oswald at Ruby's Dallas nightclub, the Carousel, in which they plot to kill Kennedy to satisfy organized-crime bosses.But the not-terribly-lifelike dialogue reads like a movie script - and may well have been. For example, Ruby responds to Oswald's suggestion that they kill the president by saying, "But that wouldn't be patriotic."
http://www.iht.com/articles/2008/02/19/america/jfk.php











PESHAWAR, Pakistan
Nasra Zahid, 37, a zoology professor who was working at a polling station, said Islam guaranteed women the right to vote. Ms. Zahid, who is religiously observant, wears a black veil that covers her face except for her eyes — an unusual sight in Pakistan, a religiously moderate country. Counting election results on Wednesday night, she said militants were grossly misinterpreting her faith.
“These are not religious students,” she said. “These are terrorists. Our religion gives completely the right to vote to women.”



As Ms. Zahid, the zoology professor, packed up her polling station on Monday night she said she was filled with a sense of relief and despair. Only 280 of the 2,058 women registered to vote in her district had cast ballots. She said she was frustrated by the low turnout but relieved that women had stayed home — and alive.
“In a democratic society, everyone should vote,” she said. “But in this situation, life is more important than voting.”

http://www.nytimes.com/2008/02/19/world/asia/19peshawar.html?scp=1&sq=Pakistan+women&st=nyt


















JERUSALEM
In a speech here Sunday to the Conference of Presidents of Major American Jewish Organizations, Olmert said that Jerusalem would be addressed only in the "last phase of negotiations" and that Abbas had "accepted it."

"That is not the case," Saeb Erekat, a senior Palestinian negotiator, said in a telephone interview before the Tuesday meeting. He argued that the issues of Jerusalem, borders and settlements could not be separated.
http://www.iht.com/articles/2008/02/19/mideast/mideast.php















NEW YORK
Now comes the Gillette Venus Embrace, the first five-blade razor for women, and Procter & Gamble, which purchased Gillette for $57 billion in 2005, is starting up the biggest advertising campaign on the women'