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...states are "furious with me," acknowledges Moreno-Ocampo, alluding to criticism that the international court's indictment will damage the pursuit of a peace agreement in the country. "But we're creating a global community based...

Author: /time Magazine | Title: How Sudan Was Brought to Court | 7/22/2008 | See Source »

...expedite a loan package for the roughly $6 billion that the country needs to continue servicing its foreign debt. Though a rescue loan now seems likely, the conditions set by financiers will probably be tough. Commercial banks have refused to bail Mexico out until it has reached an agreement with the International Monetary Fund. And the IMF will not help until the country has slashed its domestic budget and reduced an inflation rate that may exceed 90% this year. The more Mexico tries to placate its creditors, however, the more it unsettles its people. Earlier this month the price...

Author: /time Magazine | Title: MEXICO DEAD MEN DON'T PAY UP Almost everything is going wrong at the same time | 7/21/2008 | See Source »

...Among the events that have raised the stakes for SDI is a barrage of assaults on the arms-control environment from which it emerged. Reagan has announced plans to jettison the limits on offensive weapons in the unratified 1979 SALT II agreement unless the Soviets are more forthcoming on new arms-control initiatives, and last week he awkwardly tried to explain what this posture really means. His Administration is split on how to apply the 1972 ABM treaty, which limits development of antimissile systems, but Pentagon hawks have gone a long way toward undermining any restraints the treaty might place...

Author: /time Magazine | Title: STAR WARS AT THE CROSSROADS | 7/21/2008 | See Source »

...Some in Congress who are eager to preserve SALT II point to assessments suggesting that abandoning the agreement could backfire on the U.S. According to a report prepared by the CIA for the Congressional Joint Economic Committee, the Soviets would be better suited to capitalize on the scrapping of SALT II because of two basic advantages: active production lines for manufacturing ICBMs, strategic bombers and submarine-launched missiles; and the greater throw weight of Soviet missiles, which would allow them to be loaded up with many more warheads. House Armed Services Chairman Les Aspin says the Soviet production-line superiority...

Author: /time Magazine | Title: STAR WARS AT THE CROSSROADS | 7/21/2008 | See Source »

...looming. Management has stated that it seeks a wage settlement ''competitive'' with the rest of the industry, which has gone through a massive economic shake-out. Union Negotiator James McGeehan, who is seeking wage increases of about 4% and lifelong job security, replies, ''We also need a competitive agreement. Our members cannot take their jobs and run.'' Too many, however, have had little choice. In 1983, on the eve of the last negotiations at U.S. Steel, there were more than 1 million American steelworkers. Today there are fewer than 700,000, and employment is projected to fall about 15% further...

Author: /time Magazine | Title: SINGING THE SHUTDOWN BLUES U.S. industry undergoes a wrenching change, but it could be for the good | 7/21/2008 | See Source »

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