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...standard of worker safety. Until that happens, though, shipbreaking seems bound to remain a race to the bottom. In Alang, business last year dwindled to 73 ships, down from 333 in 2001-02 as old ships were sent instead to Pakistan, Bangladesh and China - places that Indian ship-breakers contend have lower safety standards than their own. "The Clemenceau means big business for us as a whole; it could even be make or break," says the owner of a major shipbreaking company in Alang. "It is the question of the survival of a whole industry and the thousands it still...

Author: /time Magazine | Title: Troubled Waters | 1/22/2006 | See Source »

...could send markets reeling once again and derail Japan?s fitful recovery. Morgan of HSBC says there is no sign of that so far, ?but if Livedoor had that brilliant idea, it?s possible that other companies might have had similar thoughts.? For now, however, most analysts TIME contacted contend that Japan?s stock market, its economy, and the financial reporting controls are fundamentally strong. In fact, Peter Tasker, an economist at Dresdner Kleinwort Wasserstein in Tokyo, maintains that the ?Livedoor Shock? could be seen as a long-overdue correction to the speculative froth that powered the Japanese stock market...

Author: /time Magazine | Title: Japan?s Stock Market: How serious a shock? | 1/20/2006 | See Source »

...Administration maintains that advances in technology since FISA was passed make the court's procedures too slow to contend with the immense flood of electronic chatter that now passes in and out of the U.S. and which the agency has much improved means of capturing and analyzing. Justice Department officials say a FISA surveillance request can take up to a week to prepare, even for some seasoned department lawyers. One of them describes the requests as being "like mortgage applications" in their complexity. "When you get a terrorist's cell phone and there are 20 numbers in it," a former...

Author: /time Magazine | Title: Has Bush Gone Too Far? | 1/1/2006 | See Source »

...Members of the school board, and defenders of intelligent design generally, contend that their idea is a legitimate scientific rival to evolution. Since the notion of intelligent design does not specify who or what created life as we know it, they say, it is not an inherently religious idea. Critics, however, say that intelligent design is inherently religious since it relies on a supernatural creative force, which cannot be tested or proven by scientific experiments. This, they said, is tantamount to introducing God into the process, an impermissible injection of religion into the classroom...

Author: /time Magazine | Title: 'Breathtaking Inanity': How Intelligent Design Flunked Its Test Case | 12/20/2005 | See Source »

Some would say this question is impossible to answer. Others contend that the question can be answered only after devoting ample time to the study of existential philosophy. I say, however, that the meaning of life is whatever you make of it. In the end—though we have others as support systems and close acquaintances—you are the one that will define the answer to this question. Call me corny, but it’s true. Just think of “The Matrix...

Author: By Nicole B. Urken, CRIMSON STAFF WRITER | Title: DEAR NIKKI: The Last Hurrah | 12/19/2005 | See Source »

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