Monday, December 29, 2008

TIME Daily News 24/7

Today's Top Stories

The Strategic Price of Israel's Gaza Assault

By TONY KARON

Despite its physical losses, Hamas could gain politically as the Israelis weaken their own plan to keep their conflict with the Palestinians off Obama's list of immediate priorities

Lawsuits by the Disabled: Abuse of the System?

By ALISON STATEMAN / LOS ANGELES

A California court has come down against what it believes is an example of lawsuit abuse

Mismanaging Iraq: No Cash To Carry

By RANIA ABOUZEID / DIYALA

A cash crunch earlier this year was just one tale from a long saga of inefficiencies plaguing Iraqi efforts at reconstruction

China's Consumers: Not Ready to Save the World

By JESSIE JIANG / TIANJIN

The country is depending on couples like the Gongs to spend the country into future prosperity. But the global recession is making a tightwad of everyone

Attacking Gaza, Israel Worries About Lebanon

By NICHOLAS BLANFORD / BEIRUT

The lessons of the 2006 war weigh heavily on Israel's military planners as well as on politicians obsessed with winning elections

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Swampland

By Karen Tumulty

The world has intruded on what was supposed to be Obama's final Hawaiian idyll before taking the oath of office.

Special Package

Person of the Year 2008

For having the confidence to sketch an ambitious future in a gloomy hour, and for showing the competence that makes Americans hopeful he might pull it off, the President-elect is TIME's Person of the Year.

Quotes of the Day

"We want unity in diversity."
FAKHRUDDIN AHMED,
the head of the Bangladesh interim government, calling on citizens to respect the results of the country's first democratic election for seven years
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Postcard from...

Bangkok

Bangkok Gets Into the Christmas Spirit

By Hannah Beech

Thais immerse themselves in the spirit of Christmas without the foggiest idea who Jesus was

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