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...took more than a day of feverish diplomacy for Peres to bring Arafat around. Sharon updated his ministers on Arafat's commitment Wednesday night. "Of course, our working assumption must be that Arafat's going to keep his word," Sharon said, then smiled, sardonically. The Cabinet burst into laughter. At 2 a.m., Sharon called Colin Powell to tell him the Israelis were out of Beit Jala and asked him to pass a message to the Palestinian leader. "If there's more shooting, it has to be clear to Arafat that we'll go back again to Beit Jala," he said...

Author: /time Magazine | Title: The Pressure On Sharon | 9/10/2001 | See Source »

DIED. AALIYAH, 22, sultry R.-and-B. singer; in a plane crash in the Bahamas. Aaliyah and seven members of her crew were en route to Florida after shooting a music video when their twin-engine Cessna crashed and burst into flames shortly after takeoff. Her career, which began at age 11 with an appearance on TV's Star Search, included two platinum albums, a third album released in July and an appearance in last year's movie Romeo Must Die. The Brooklyn-born, Detroit-raised star was also set to appear in two sequels to The Matrix...

Author: /time Magazine | Title: Milestones Sep. 10, 2001 | 9/10/2001 | See Source »

...both wages and real estate, and its government is too big. University graduates have poor skills not only in English but in Chinese, too. Corporations are hiring in the mainland, and firing in Hong Kong. Premier Zhu Rongji, a former Shanghai mayor, allowed the mainland property bubble to burst in the mid-'90s without intervention. Now, Shanghai and other Chinese cities are bursting with new businesses in part because both wages and asset prices are but a fraction of Hong Kong...

Author: /time Magazine | Title: Is Hong Kong Dying? | 9/10/2001 | See Source »

...about the economy. He finished the job on the deficits that Bush had begun, Alan Greenspan went to bat for him with the bond markets, long-term interest rates flattened, and two terms of bragging and bulletproof prosperity ensued. But toward the end, a huge market bubble formed and burst, just in time for Clinton to skip town and leave Bush to deal with...

Author: /time Magazine | Title: Bush's Economic Policy for Fall: Crossed Fingers | 9/6/2001 | See Source »

...Postcard from San Francisco: The New New Economy” (Opinion, Aug. 10). I moved to San Francisco a year ago—probably the worst time to come here in recent years. No one knew that the dot-com bubble was about to burst, so workers were still flocking here to grab a piece of the pie, and landlords had a field day charging exorbitant rents for ordinary apartments...

Author: NO WRITER ATTRIBUTED | Title: Letters | 9/4/2001 | See Source »

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