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...Here's a good news story. The world's fifth largest country - with a history of military rule and endemic corruption - holds a free and fair presidential election. All voters, even in remote villages, cast their ballots on high-tech electronic machines of a kind that make the conduct of elections in, say, Florida, look shamefully outmoded. The candidate who wins the most support in the first round of voting has made his name criticizing the nation's power elite. But the results are accepted by all, and the country begins a three-week campaign before the top two candidates...

Author: /time Magazine | Title: Brazil's Election Something to Celebrate | 10/14/2002 | See Source »

...essay asserts that moral rectitude ought to play second fiddle in the conduct of statecraft. To treat the people of other nations as pawns in a geopolitical chess game is a damnable proposition. The U.S. enjoys unprecedented dominance in the economic and military spheres. We have witnessed a continual increase in the number of the world's democratic states. It is unconscionable to fritter away our moral capital by entering into Faustian bargains with thugs. Those pacts have yielded appalling results for Americans and the rest of the people of the world. VIJAY DANDAPANI New York City...

Author: /time Magazine | Title: Letters: Oct. 14, 2002 | 10/14/2002 | See Source »

...Britain, the Financial Services Authority asked the 20 largest life insurers to assess their liabilities on a "realistic basis" - a tough standard that takes into account such uncertainties as discretionary future benefits and fluctuating options values. The exercise was so complex that not all 20 companies were able to conduct it fully, according to Howard Davies, the FSA's chairman. The agency nonetheless concluded that the firms "had significant ability to withstand further large falls in equity values." For now, insurers are praying for the markets to recover. "We're still alive," Dock says, "but we look forward to seeing...

Author: /time Magazine | Title: Will Insurers Crash? | 10/13/2002 | See Source »

...parole. But Aïssa Mesbah may have felt that way last week when he learned that his early release from Muret Prison in Toulouse, where he's seven years into a 12-year sentence for attempted murder, had been denied. A judge had ruled that Mesbah's exemplary conduct in jail warranted his parole. But last week that same judge reversed himself, arguing that Mesbah, 28, was better off behind bars. Early release, the magistrate reasoned, would make Mesbah a victim of France's double peine - a "double jeopardy" law allowing the deportation of foreign convicts once they...

Author: /time Magazine | Title: Crime and Punishments | 10/13/2002 | See Source »

After this initial meeting, Senior Tutor Courtney Lamberth will select four students to serve on the student advisory committee that will conduct the remainder of the search...

Author: By Anne K. Kofol, CRIMSON STAFF WRITER | Title: Lewis Kicks Off Winthrop Master Search | 10/11/2002 | See Source »

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