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Don't call them trend chasers. For the first time in 22 years, the U.S. Army is updating its wardrobe. To better disguise soldiers hustling among desert, forest and urban environments, as they must do in Iraq, the Army is spending $3.4 billion on new multipurpose fatigues. The revamped uniform...

Author: /time Magazine | Title: A Military Makeover | 2/14/2005 | See Source »

Upstream Battle Norway and Chile launched a challenge to E.U. import restrictions on farmed salmon at the World Trade Organization. Brussels triggered the measures after British and Irish farmers complained rivals were selling the fish below cost price.

Author: /time Magazine | Title: Bizwatch | 2/13/2005 | See Source »

With previous cuts totaling only 10% and sluggish growth eroding revenues, Chirac is looking to new Finance Minister Hervé Gaymard to work some magic. Last week, Gaymard pledged tax cuts in 2006 and 2007 and vowed to sell stakes worth nearly 320 billion in state firms including nuclear-power...

Author: /time Magazine | Title: Bizwatch | 2/13/2005 | See Source »

Historically, approval ratings below 30% have meant a swift ouster for a Japanese Prime Minister. But it's hard to see this as the end of the Koizumi era. The PM has recovered from shallower depths before, helped by a shrewdly timed foreign trip here, a Cabinet reshuffle there. "I...

Author: /time Magazine | Title: How Koizumi Lost His Groove | 2/7/2005 | See Source »

The rest of the world also expressed vehement disapproval of the King's power grab. The United States and U.N. Secretary-General Kofi Annan both demanded the immediate restoration of democracy. British ambassador Keith Bloomfield called the takeover a "coup" and his government said it was reconsidering all foreign aid...

Author: /time Magazine | Title: Absolute Power | 2/7/2005 | See Source »

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