Tuesday, May 12, 2009

TIME Daily News 24/7

Today's Top Stories

Refugee Crisis Clouds Pakistan's Anti-Taliban War

By OMAR WARAICH / CHOTHA LAHORE

The army is taking the battle to the militants, but the hundreds of thousands displaced by the fighting could weaken public support for the campaign

After Iran Frees Saberi, Will the U.S. Reciprocate?

By MASSIMO CALABRESI / WASHINGTON

As the U.S. demanded the release for the jailed journalist, Tehran pressed for the return of three of its officials detained by the U.S. in Iraq

The Real Problem with Credit Cards: The Cardholders

By BARBARA KIVIAT

To fix the problem of excessive credit-card debt, Congress needs to consider more than credit-card issuers — it needs to consider you

Why the Pentagon Axed Its Afghan Warlord

By MARK THOMPSON / WASHINGTON

Upset over an uninspired strategy, the Defense Secretary ousts a war-time general for the first time since the Korean conflict

Stress Testing Biofuels: How the Game Was Rigged

By MICHAEL GRUNWALD

Last week, while the financial world was obsessing over stress tests for fragile banks, the environmental and agricultural worlds were watching the results of the Obama Administration's stress tests for renewable fuels

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TIME Blogs

Swampland

By Jay Newton-Small

Hoekstra says Perlosi was told of extreme interrogation techniques; Pelosi maintains she was not informed that such practices had been used.

Special Package

Eurovision Controversies

In anticipation of the 2009 song contest finals in Moscow, TIME takes a look at scandals that have shouldered the singing out of the limelight

Quotes of the Day

"I had a Rip van Winkle moment, as if I had fallen asleep in 1977 and woke up this morning."
HENRY J. AARON,
a health economist at the Brookings Institution, responding to health insurance companies volunteering $2 trillion in cost reductions over 10 years. A similar pledge was made during the Carter administration
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Postcard from...

Aracena

What Swine Flu? Spain Celebrates Cured Ham

By Lisa Abend

At this year's World Congress of Cured Ham in Aracena, Spain, attendees laughed in the face of swine flu to celebrate the finest of pig produce

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