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...measure of failure could upset the markets. For example, today's benign inflation and low interest rates are partly the result of cheap oil prices. And Wall Street expects that a defeated Iraq would be allowed to flood the world with oil to raise money to rebuild, which is one reason the price of crude has slumped since October from $23 to $16 per bbl. But would Iraq be treated with such kindness if an allied mission were unsuccessful? Doubtful. Such an outcome could reverse psychology in the oil market and send prices higher, stoking inflation and squeezing stocks...

Author: /time Magazine | Title: Wall Street Goes to War | 2/23/1998 | See Source »

Shortridge and Webster immediately recognized the gravity of the chicken-flu outbreak in Hong Kong, at least for the region's chicken industry. They knew that while avian influenza did not ordinarily make its host sick, a benign virus could reassort to produce a pathogen of almost inconceivable lethality. Webster's Memphis lab had observed such a transformation in the wild on two occasions, the first in April 1983, when a relatively mild influenza struck chickens on the vast chicken farms of Pennsylvania. The birds got visibly sick, some died and egg production fell, but overall the outbreak remained only...

Author: /time Magazine | Title: The Flu Hunters | 2/23/1998 | See Source »

...most benign stage of bipolar depression is hypomania, a sustained high that brings great creativity, grandiosity, energy and insomnia, punctuated by short bouts of depression. Julie Moore, a psychiatrist who examined LeTourneau at length for the defense, believes this pattern describes the acclaimed teacher who, while rearing four young kids, routinely pulled all-nighters to devise projects for her elementary school students...

Author: /time Magazine | Title: Mad About The Boy | 2/16/1998 | See Source »

...m.p.h., King, a large man over 6 ft. tall with muscles buffed in prison weight rooms, appeared, according to police, virtually psychotic on some kind of drug, showed no effect from two jolts from a stun gun and threw off several officers who tried to "swarm" him, a relatively benign technique used to subdue a violent suspect. Nor did it show that after all that, King was charging directly at the officer who first whacked him with a baton. But the videotape became one of those vehicles of Herodotus, carrying at its core a mythic truth that fetched back centuries...

Author: /time Magazine | Title: No Shades Of Gray | 2/9/1998 | See Source »

...these five days are fraught with risk. The Pope has been as hard on Marxist repression as on "savage capitalism," and his critique of Castro's human-rights record in full view of 3,000 foreign journalists could sting. Instead of spotlighting a "normal" country at its most open, benign moment, the way Castro hopes, the press might fill their dispatches with lurid stories of teenage prostitutes and an oppressed, despairing citizenry...

Author: /time Magazine | Title: Clash Of Faiths | 1/26/1998 | See Source »

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