Fed measures risk new dangers for banking system
The Fed’s bold steps to curb banking turmoil last year may invite renewed risk taking by big banks and threaten its political independence. Analysts warn that future crises could trigger swift interventions, shaping policy and raising borrowing costs for businesses and consumers while inviting moral hazard and renewed political scrutiny.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve
Fed
Bernanke
Congress
Bear Stearns
American International Group Inc
Citigroup
Bank of America
Treasury
Lawrence Summers
White House
National Economic Council
Capitol Hill
Paul Volcker
Eastern Europe senses Obama indifference fuels discontent
Eastern Europe voices mixed reactions to Barack Obama as much of the region senses a shift from the Bush era. Officials note reduced urgency in U S policy toward Czech Republic Poland and Romania amid missile defense debates and Kremlin ties while public protests reflect unease over perceived neglect and strategic ambiguity.
MENTIONED IN THIS ARTICLE
Barack Obama
George W. Bush
Europe
Obama
Ics
United States
Tudor Salajean
Mircea Mihaies
Romanian Cultural Institute
Marshall Fund
Eastern Europe
U.S
Janusz Bugajski
Center For Strategic and International Studies
America
Prague
Bush
Poland
Czech Republic
U.S. Defense Department
Russia
Kremlin
Alexandr Vondra
Pablo Martinez Monsivals
Hradcany Square
Illiteracy plagues Afghan army recruitment and training
Afghan recruits like Shahidullah Ahmadi struggle to read as illiteracy grips about 90 percent of army personnel. The deficit hinders navigation, notes, and comprehension in a 10 week basic course, complicating expansion toward 240 000 soldiers and 160 000 police by 2013 and 2014.
MENTIONED IN THIS ARTICLE
Kabul
Shahidullah Ahmadi
United States
U.S
Iraq
Ahmadi
Associated Press
Afghanistan
Richard Holbrooke
NATO
Emilio Morenati
Afghans Question Democracy After Polls Contested
Afghan voters faced a troubled second democratic election as turnout lagged, with many Afghans like Rasul-Mubaraz Khan earning a meager living and doubting the impact of voting. Fraud claims and security fears clouded Karzai's lead and threaten a runoff, while debates grow over Western style democracy in a history of conflict.
MENTIONED IN THIS ARTICLE
Rasul
Mubaraz Khan
Khan
Hamid Karzai
Afghanistan
Election Commission
Also Mentioned on This Page
Ben Bernanke
Central Bank
Alan Greenspan
Feds
Alice Rivlin
Wall Street
Lehman Brothers
Canada
Carl Levin
Senate
Levin
Saddam Hussein
Ers
Taliban
Karzai
Abdullah Abdullah
Pentagon
Diane Feinstein
California
CNN
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