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April 9, 2008
WEB EXCLUSIVE
Blame the Banks
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Sebastian Mallaby's Foreign Affairs article defending hedge funds appeared in January 2007, before the onslaught of credit market turmoil. More than a year later, hedge funds still appear to need allies wherever they can get them.
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Previously in Background on the News
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Tibet's Tiananmen? March 26, 2008 On March 14, anti-Chinese riots erupted in Lhasa, Tibet. Chinese security forces suppressed crowds with teargas and bullets in what has become the most violent confrontation there in two decades. The Tibetan government-in-exile claimed Chinese forces killed over 100 people, while Beijing claims only 19 have died. Tibet's exiled leader, the Dalai Lama, urged his followers and the Chinese to refrain from violence while the Chinese government blamed him directly for fomenting the unrest. . . . Read more
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Serbia's Final Frontier? March 12, 2008 Kosovo's unilateral declaration of independence on February 17 was welcomed in Washington and many European capitals, but it drew protests in Moscow and Belgrade. . . . Read more
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Another One Bites the Dust February 6, 2008 Last week Abu Laith al-Libi, a senior al Qaeda leader responsible for military operations inside Afghanistan, was killed by a U.S. missile strike in the Pakistan-Afghanistan border region. . . . Read more
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