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...Shooting down a missile is no walk in the park. As the interceptor and target approach each other at six miles a second, the smallest problem means failure. A 2002 test bombed after the interceptor didn't separate from its booster. The reason: A single pin on a tiny integrated circuit broke after being violently shaken during the flight. Foam that had been there to protect the pin on prior flights had been removed, supposedly to improve the system's reliability. A 2004 test failed because an error in one line of computer code kept the interceptor grounded. The most...

Author: /time Magazine | Title: Can America's Missile Defense Handle North Korea? | 7/3/2006 | See Source »

...after Ariel Sharon's stroke in January, had little choice but to go into Gaza, given the Israeli public's deep identification with the army, in which most Israeli citizens have served. Lacking any counterpart on the Palestinian side that it trusts, Israel has taken a "shake the trees" approach, putting as much pressure as possible on the government and civilian population in the hopes that someone would turn on Hamas. But it's difficult to see how some Israeli tactics, particularly the strike on the Gaza power supply, can do much other than deepen the Palestinians' misery. Already crippled...

Author: /time Magazine | Title: Search and Destroy in Gaza | 7/2/2006 | See Source »

...approach to financial planning is perfect, but consumption smoothing, done properly, can prepare you for our less than rosy fiscal future...

Author: /time Magazine | Title: The Time to Plan Is Now | 7/2/2006 | See Source »

...what he considered an "absurd statement" and said, "For Europe, September 11 was a moment; for us, it was a change of thinking. I vowed to the American people I would do everything I could to defend our people, and will." The retort was part of the confident, nondefensive approach Bush took during 44 hours in Vienna and Budapest. "Let me talk about Guantánamo," he said early in one meeting, not waiting for his hosts to bring up the unpleasant subject of the military detention center. (It's a subject that, because of the Supreme Court ruling, is still...

Author: /time Magazine | Title: Looking for Friends in Very Strange Places | 7/2/2006 | See Source »

...monochromatic approach is taken to extremes?even the foliage in the Ambience Lounge has been lacquered white?so this is not a hotel for lovers of old-fashioned opulence. Still, everyone else should be happy with the 61 guest rooms and suites, where glass and white granite create an expansive feeling in what are actually quite compact spaces. Excellent lighting, free wireless Internet access and bathroom amenities from sought-after Czech brand Botanicus are other pluses. Dining is limited to snacks and light meals, but the nearby central business district offers plenty more options. You can expect to pass socialites...

Author: /time Magazine | Title: White Nights | 7/2/2006 | See Source »

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