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Iran, which got a major security boost when the U.S. took out two of its biggest enemies in Saddam Hussein and the Taliban, is nonetheless feeling the pressure. It hopes to acquire several billion dollars worth of Russian military aircraft and is pressing ahead with what it insists is a peaceful nuclear program, which critics say can be diverted to atomic weapons. Welcome to the newest twist of the Middle East arms race...

Author: /time Magazine | Title: Arming Iran's Enemies | 8/2/2007 | See Source »

...AERODYNAMICS 50% Proportion of the primary structure of Boeing's new Dreamliner aircraft, unveiled on July 9, that is made of carbon fiber and other composites instead of aluminum. The new materials will reduce the weight of the plane 20% Percentage by which the design of the Dreamliner will reduce fuel usage compared to similarly sized planes. But some environmental activists argue that the jet, which is smaller than its Airbus rivals, will result in more overall flights and therefore more air pollution...

Author: /time Magazine | Title: Verbatim | 7/12/2007 | See Source »

...racking up, no currency trader would bet her Starbucks latte against Asian economies, let alone put real money into attacking Asian currencies. Banks around the region have been cleaned up. The fanciful projects of a decade ago-such as Indonesia's foolish and expensive effort to create an aircraft industry-have been abandoned (although some budding white elephants can be found in China and India). Most of the worst companies have been restructured or sold...

Author: /time Magazine | Title: Accident Insurance | 7/12/2007 | See Source »

Proportion of the primary structure of Boeing's new Dreamliner aircraft, unveiled on July 9, that is made of carbon fiber and other composites instead of aluminum. The new materials reduce the weight of the plane...

Author: /time Magazine | Title: Numbers: Jul. 23, 2007 | 7/12/2007 | See Source »

...Soon enough the moment arrived when Mike Bair, chief of the 787 Program, introduced the Dreamliner. The backdrop parted and sunshine glinted off the blue and white aircraft fresh from the paint shop as it was tugged closer to the building. As is Boeing's tradition, everyone rushed the plane for a closer look; Vivaldi's Four Season's played from the speakers...

Author: /time Magazine | Title: Will the Dreamliner Soar? | 7/9/2007 | See Source »

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