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...Salvador's territory and 70,000 of its 5.4 million people. But they are still capable of major destruction, as they proved last week when the E.R.P. launched a midnight strike on Juayúa, a government-controlled town in western Sonsonate province. While no one was killed, an entire block was left in ruins when fire from a bank hit by antitank rockets spread to surrounding buildings...

Author: /time Magazine | Title: El Salvador: Inside Guerrilla Territory | 6/21/2005 | See Source »

...proposed changes would make mergers less difficult for rivals in industries beset by imports, like steel and apparel. Among other reforms, they would ease penalties in antitrust suits brought by one company against another and would make it harder for courts to block a merger on grounds that the combined firm might eventually become a monopoly...

Author: /time Magazine | Title: Plans to Make Mergers Easier | 6/21/2005 | See Source »

...insurance industry's exemption from antitrust laws. That exemption allows insurers to share information and, according to their opponents, engage in collusive premium-setting policies that would be illegal in any other industry. In state legislatures, many proposed bills would enlarge the authority of insurance commissioners to block arbitrary policy cancellations and gargantuan premium increases. The Florida department of insurance has written a proposed bill that would require insurers to disclose what discounts and surcharges they apply to premium rates. Without that information, says Insurance Commissioner Bill Gunter, "the rate itself is meaningless." He adds, "We think insurers need someone...

Author: /time Magazine | Title: Nation: Sorry, Your Policy Is Canceled | 6/21/2005 | See Source »

...Texas State Teachers Association, which represents 55,000 of the state's teachers, had brought suit to block the test, claiming that teacher certification comprised a lifetime contract, which the 1984 act violated ex post facto. In a decision handed down the week before the test date, Travis County District Judge Harley Clark ruled that the test could proceed. The teachers, backed by the National Education Association, the umbrella union for the state association, will appeal to the Texas Supreme Court, which may rule on the exam's validity before the results come out in June...

Author: /time Magazine | Title: Education: Bad Medicine? | 6/21/2005 | See Source »

...assured of having three new Nimitz-class nuclear carriers. Lehman makes clear that he wants a carrier force that can engage and defeat the Soviet navy. At the outbreak of a war between NATO and the Warsaw Pact in Europe, he would send carriers storming toward Norway to block the Soviet fleet from reaching the North Atlantic. Sinking the Soviet navy, Lehman argues, would turn the battle of Europe, just as the Battle of Trafalgar ended Napoleon's dream of conquering England and the Battle of Midway first turned the tide against Imperial Japan in World...

Author: /time Magazine | Title: Are America's Supercarriers the Weapon of the Future or a Throwback? | 6/21/2005 | See Source »

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