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British Airways has seen its profits fall to $7.3 million for the third quarter, compared with $290 million a year before. Belgium's Sabena is bankrupt and has suspended operations and Swissair, also bankrupt, has remained aloft only with government help...

Author: /time Magazine | Title: Grounded for How Long? | 12/3/2001 | See Source »

Critics of Bush's F.D.R.-style military tribunals grandly point to the model of the stately Nuremberg trials. But the analogy is absurd. Nuremberg occurred after Nazism had been beaten, broken, banished to oblivion. Nuremberg marked the closing of a bankrupt account. It was less a trial than a form of documentation of crimes the world had known little about. The crimes of Sept. 11 hardly need publicizing. Moreover, radical Islamic terrorism is by no means dead, even after a major defeat in Afghanistan and even if Osama is captured. What sane nation gives the enemy a megaphone...

Author: /time Magazine | Title: In Defense Of Secret Tribunals | 11/26/2001 | See Source »

...That's the Shaolin temple that yan Ming escaped from in 1992: pious about profits but spiritually bankrupt. While Yong Xin is bent on shellacking Shaolin into tidy anachronism, Yan Ming wants to punch up its traditions?and himself?to suit the realities of 21st century New York City. He openly eschews the usual trappings of Buddhist piety: he eats beef (which he has dubbed "American tofu"), drinks beer ("special water"), wine ("French special water") and, whenever possible, champagne ("very special French water"). He lives with his girlfriend and their 19-month-old son. He models. He acts in movies...

Author: /time Magazine | Title: Kicking the Habit | 11/19/2001 | See Source »

OSHUA BENJAMIN JEYARETNAM Singapore's best-known opposition figure was declared bankrupt and lost his parliamentary seat earlier this year after defaulting on a defamation payout. In a 30-year career, he has paid more than $900,000 in damages and costs...

Author: /time Magazine | Title: Taking the Heat, Once Again | 11/11/2001 | See Source »

...damages? Chee says he will keep fighting, no matter how high the cost. He cites the veteran opposition leader Joshua Benjamin Jeyaretnam as his in-spiration. But to most observers, the 76-year-old Jeyaretnam is more like a cautionary tale: he was declared bankrupt and removed from Parliament ear-lier this year, after failing to pay his defamation bills...

Author: /time Magazine | Title: Taking the Heat, Once Again | 11/11/2001 | See Source »

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