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...predecessor that traveled about 1,060 miles (1,700 km). On July 4, 2006, another long-range rocket broke apart shortly after launch. Yesterday's rocket flew more than 2,175 miles (3,500 km) - about twice the distance of the '98 launch. "That was the government's basic goal," an East Asian intelligence official says. "To increase the range of the Taepodong II. This was a test of an intercontinental ballistic missile thinly disguised as a rocket carrying a satellite. From a military standpoint, the test is a success, not a failure." (See pictures of the rise...

Author: /time Magazine | Title: North Korea Launch Poses Problem for Obama | 4/6/2009 | See Source »

...liked a few years back on the big screen. This fact alone should hearten industry people fretful that their target demographic will soon desert the big screen for smaller ones, with their new-millennial lure of downloads and DVDs. F&F proves there's no significant change in the basic impulse of young moviegoers: escape from Planet Home...

Author: /time Magazine | Title: Weekend Box Office: Fast & Furious by a Mile | 4/5/2009 | See Source »

...This is the second factor, what you might call the other big lie - the one Galvin is getting at - of the Madoff Ponzi scheme: the feeders and Madoff conspiring together to keep basic due-diligence issues from clients, even as Madoff lied to his own feeder-fund generals, even as he lied to government regulators. Everyone turned a blind eye, everyone was in bed on this, including down the line the hapless investor who trusted all those years. See the top 10 scandals...

Author: /time Magazine | Title: How Madoff's Feeder Funds Stole My Retirement | 4/5/2009 | See Source »

...insanity becomes increasingly attractive to the characters. As he slowly dies of AIDS, Roy Cohn, the villain of the play, is consigned to a hospital bed and, horror of horrors, the use of a phone with no hold button. “How am I supposed to perform basic bodily functions?” he howls.Benjamin K. Glaser ’09 manages to make Cohn’s vitriolic hate charismatic; he may be entirely depraved, but he is vibrantly alive. As he lets go of life, he slips into a madness that may or may not be drug...

Author: By Catherine A Morris, CONTRIBUTING WRITER | Title: ‘Perestroika’ Confronts Prejudice and Overturns an Established Social Order | 4/5/2009 | See Source »

...This is not just because of the well-known aversion by European electorates to large defense budgets. Europe has for years concentrated its military spending on the continent's own defense. Instead of helicopters which are suited for Afghanistan's landscape, or more basic items like protective armor, European spending has favored big-ticket items like nuclear submarines and the Eurofighter. "Maybe these things are very important against some enemy - perhaps China," says Sascha Lange, military researcher for the German Institute for International and Security Affairs in Berlin. "But we have this very strong need for simply boots...

Author: /time Magazine | Title: Afghanistan and NATO: Is Europe Up to the Fight? | 4/3/2009 | See Source »

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