Pawnshops Thrive, Draw Scrutiny over Interest Rates

With banks reluctant to loosen purse strings and credit-card companies aggressively slashing credit lines, a growing number of consumers are turning to the once murky world of pawnshops for quick cash. “Loans are up 20% to 25%,” estimates David Crume, president of the National Pawnbrokers Association

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Why the Pakistan Army Won’t Fight Afghanistan’s Taliban

President Barack Obama is about to announce his new strategy for Afghanistan, but the success of whatever option he chooses will depend heavily on Pakistan acting to stop its territory being used to attack Western forces next door. And that’s bad news, because the demands of its own domestic counterinsurgency campaign, doubts about the duration of U.S

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In Defense of Myhrvold: Give ‘Modernist Cuisine’ a Break

It’s only natural, I suppose, for a $625 five-volume, epochal publishing event like Nathan Myhrvold’s Modernist Cuisine to polarize the food world. After all, this is the book the whole culinary world has been waiting for: “the cookbook to end all cookbooks,” as David Chang called it.

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South Korea Gaming Curfew to Battle Video-Game Addiction

Ever since Yoon Hyuk-joo, a 16-year-old in Seoul, started playing the popular computer game StarCraft eight years ago, studying has taken the backseat. For six hours every day in dim, smoky Internet cafs known in the South Korean capital as “PC Bangs,” Yoon leads a squad of soldiers in Battlefield Online and then maims the undead in Counter-Strike: Zombies

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