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In this issue
Edition: South Pacific
No. 4

COVER
Obama Promises New Destiny, Work Begins Today (Inauguration)
Barack Obama's Inauguration showed the world a more sober, civil and exuberant America

An Enforcer Named Emanuel (Inauguration)
Barack Obama tapped Rahm Emanuel, a fierce infighter, as his chief of staff. Is he cool enough to manage a high-octane White House team?


WORLD
Lonesome Doves
After the Gaza offensive, Israel's peace activists are losing heart, numbers and influence


LETTERS
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ASIA
Flight Risk
An ordeal at sea spotlights the desperate plight of Asia's forgotten Rohingya people


WORLD ECONOMIC FORUM
Stormy Weather
At this year's Davos meeting, world leaders will confront the worst financial crisis in 80 years. Big ideas — and real solutions — are needed if faith in capitalism is to be restored

Rethinking Marx
As we work out how to save capitalism, it's worth studying the system's greatest critic

Potholes On the Path to Prosperity
The forces of globalization that lifted millions out of poverty worldwide may no longer be working as the economic crisis shrinks international trade


Quotes of the Day »

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GOOGLE'S STATEMENT, over a racially offensive picture of Michelle Obama which appears when users search for images of the first lady. Google has refused to remove the picture from its search results