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...inflict carnage on a comparable scale--provided a measure of relief to a jittery city. In Birmingham, in the center of England, police snared Yasin Hassan Omar, allegedly the man shown on closed-circuit-television tapes who was planning to bomb the Warren Street underground station. The Peabody bust netted Ibrahim Muktar Said, suspected of trying to bomb a bus in east London, and Ramzi Mohammed, who fled from the Oval station after allegedly leaving a bomb. And in Italy, authorities announced they had caught Osman Hussain (also referred to as Hussain Osman by British police), who is alleged...

Author: /time Magazine | Title: The Terrorists Next Door | 8/1/2005 | See Source »

...overheated property sector, and it does not want to risk overkill by crushing exports. Collectively, fixed investments and exports account for 80% of China's GDP, and they are both still growing at close to a 30% annual rate. China's boom would quickly turn into a bust if both slowed sharply. A small upward adjustment of the currency should reinforce the modest slowing of Chinese exports that was already in the cards. China's leadership will most likely adopt a wait-and-see stance as far as further currency moves are concerned. If GDP keeps surging at its current...

Author: /time Magazine | Title: Give China Credit | 7/25/2005 | See Source »

While the declared nuclear powers have wobbled in their commitment to get rid of their arsenals, the rise of a global black market in nuclear expertise and materials has made the Bomb more attainable for everyone else. Despite the bust in 2004 of A.Q. Khan, the Pakistani scientist who transferred nuclear technology and designs to clients like Libya, Iran and North Korea, intelligence officials around the world believe much of his network is still in business. (Today Khan lives under house arrest in Pakistan, but the U.S. has yet to receive Islamabad's permission to question him.) Meanwhile, Nunn maintains...

Author: /time Magazine | Title: Living Under the Cloud | 7/24/2005 | See Source »

...sure. But her poems, which mix autobiography and World War II documentary, struggle to come to terms with the raw human realities of war: "The experience of killing and getting killed." Collected Poems 1943-2004 By Richard Wilbur Unlike his artsier colleagues, Wilbur isn't afraid to bust a rhyme or two, and his tent is a big one: this volume includes children's poems and even show tunes. Always charming, Wilbur is a consoler, not a wallower, who offers those rare and most unfashionable commodities, beauty and pleasure...

Author: /time Magazine | Title: 7 Books Of Poetry Worth Curling Up With | 7/10/2005 | See Source »

...else," the French official says. At another point, he says, "We work tirelessly. We use every means at our disposal to discover and avert attacks. And we work as much as possible with our partners." Sometimes, he adds, the work pays off and attacks are averted; he mentions the bust of a Paris-based cell a couple of years ago. "But when we see what it was these people had in store for us, it makes your hair stand on end. Fortunately, we got that group. It's virtually assured that one day, we will miss another like it." --Reported...

Author: /time Magazine | Title: 3 Lessons from London | 7/10/2005 | See Source »

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