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...lets return to the ATA's stated scenarios. They range from a 'no war' situation, where the airlines would still lose an estimated $6.7 billion in 2003, to the worst case - that's a war plus a major terrorist incident. And that, says the ATA, would result in a $13 billion loss. "Under this case, a total industry collapse is virtually certain," says the report. Such an event would ripple throughout the economy, since the US aviation market is huge: it is valued at $800 billion and employs 10 million jobs. The ATA's study concludes by raising the specter...

Author: /time Magazine | Title: U.S. Airlines: From Bad to Nationalized? | 3/10/2003 | See Source »

...telecom executive and El Nogal member, lost friends and colleagues on the night of Feb. 7, when a 200-kg car bomb planted by Colombia's leftist FARC guerrillas ripped through the club's 11 stories, killing 35 people - including six children at a piñata party - and injuring 173. The El Nogal blast was the most devastating attack of the rebels' new urban terror campaign and the first to hit the capital's élite. Londoño and Colombian authorities hope the attack will prompt the world to change tactics too, and regard Colombia's guerrillas...

Author: /time Magazine | Title: The Next Terror Nexus? | 2/16/2003 | See Source »

...these customary elements were present at last night’s festivities, though the revelers had a bit of trouble hanging the cactus-shaped piñata...

Author: By Anais A. Borja, CONTRIBUTING WRITER | Title: Biblical Journey Reenacted in Lowell | 12/13/2002 | See Source »

...many Harvard students does it take to string a piñata?” yelled one onlooker, drawing hearty laughs from the crowd...

Author: By Anais A. Borja, CONTRIBUTING WRITER | Title: Biblical Journey Reenacted in Lowell | 12/13/2002 | See Source »

Once the piñata was finally strung up, Carrasco tried his hand at cracking it open—though unsuccessfully...

Author: By Anais A. Borja, CONTRIBUTING WRITER | Title: Biblical Journey Reenacted in Lowell | 12/13/2002 | See Source »

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