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Word: complexed (lookup in dictionary) (lookup stats)
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...playing for time, cutting deals for conditional suspensions of its enrichment program in order to avoid falling afoul of the international community, but nonetheless nurturing the intent - and, partly in secret, partly in the open, the means - to pursue nuclear weapons. The Europeans see the issues as more complex, with Iraq clearly putting in place the means to pursue a nuclear option, but not yet irrevocably committed to its realization. And they advocate offering the regime political and economic incentives for abandoning that option, rather than threatening sanctions as a step towards regime change...

Author: /time Magazine | Title: Analysis: Bush's Daunting Task in the Mideast and North Korea | 11/23/2004 | See Source »

...Spectre gunship is a giant flying artillery platform. Its complex fire-control systems can pinpoint an individual structure or level entire areas in seconds...

Author: /time Magazine | Title: Storming Fallujah | 11/22/2004 | See Source »

...dark using night-vision equipment, the insurgents focused their attacks in the dim light of dawn and dusk. As the sun set, a decrepit warehouse suddenly sparkled with at least a dozen muzzle flashes. Bullets flew thick over the unit's commandeered building. "Look at the industrial complex," Bellavia yelled at his men. "I want you to shoot, shoot." The Wolf Pack lashed back with chattering automatic-weapons fire. A sister platoon, bunkered down a few hundred yards to the west, joined in, bringing a deadly cross fire to bear on the insurgents. Streams of red tracers scorched into...

Author: /time Magazine | Title: Into the Hot Zone | 11/22/2004 | See Source »

...early version of the securitization program - by which the company's receivables were packaged as debt instruments and sold to investors - and a retainer to advise Parmalat in the acquisition of Beatrice Foods in Canada, a transaction valued at $310 million. Ferraris also laid the groundwork for a complex financing scheme through a Delaware company called Buconero, the Italian for "black hole," which Citigroup set up for Parmalat in 1999. Buconero loaned a total of $137 million to a Swiss subsidiary of Parmalat that then distributed the money to other Parmalat companies. Buconero received a guaranteed return of almost...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

...America in Milan who worked closely on some of the bank's transactions for Parmalat. Less than a month later, the bank fired him for allegedly fiddling his expenses, so he immediately took a new job - with Parmalat. Ferraris says he needed Sala's help to understand a complex $400 million in financing provided by big institutional investors in the U.S. Sala, 40, has since confessed to magistrates that he received more than €20 million in commissions from Parmalat for helping to arrange some financing transactions. The money was paid into a Swiss bank account Sala...

Author: /time Magazine | Title: How It All Went So Sour | 11/21/2004 | See Source »

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