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...part, explains the ardor of the Israelis' effort to find Shalit. Olmert, who took office after Ariel Sharon's stroke in January, had little choice but to go into Gaza, given the Israeli public's deep identification with the army, in which most Israeli citizens have served. Lacking any counterpart on the Palestinian side that it trusts, Israel has taken a "shake the trees" approach, putting as much pressure as possible on the government and civilian population in the hopes that someone would turn on Hamas. But it's difficult to see how some Israeli tactics, particularly the strike...

Author: /time Magazine | Title: Search and Destroy in Gaza | 7/2/2006 | See Source »

...accused of price-fixing. But BP can especially not afford it now. Every month of record gas prices brings more pressure on Congress to impose a windfall tax on oil companies. BP?s chief executive, Lord John Browne, made a relatively modest $8.24 million last year, but his counterpart at Exxon-Mobil, Lee Raymond, retired with a package worth an astonishing $400 million - adding more fuel to the fire over CEO pay and calls for oil industry profits to be reined in. While BP isn?t lobbying for drilling in the Arctic National Wildlife Refuge, the company has big plans...

Author: /time Magazine | Title: Is BP Really That Green? | 6/29/2006 | See Source »

...Tasman in large numbers. Hanging over several of New Zealand's key industries (think banking), there's a branch-office stigma. Australia's Treasurer Peter Costello is chopping at tax rates with the glee of a burly bloke in a blue singlet. Kiwi workers complain that Costello's counterpart Michael Cullen is being a scrooge on fiscal policy, stacking up Budget surpluses when there's a good case for tax relief. But Cullen has no room to move. A current account deficit heading toward a "Banana republic" rate of 10% of gdp puts enormous pressure on the Kiwi dollar...

Author: /time Magazine | Title: Warnings from New Zealand's Birdcage | 6/25/2006 | See Source »

When the plans were discovered on Bokhowa's hard drive, Rolf Mowatt-Larssen, the CIA's operational chief for WMD and terrorism, and his counterpart, "Leon," who heads the analytical side of that same division, went into something just shy of a panic. Leon instantly pulled together a team to make a model of the device that he could eventually test...

Author: /time Magazine | Title: The Untold Story of al-Qaeda's Plot to Attack the Subway | 6/19/2006 | See Source »

...image in much of Latin America has taken quite a beating this year, with Venezuelan leftist leader Hugo Chavez and his counterpart in Bolivia, Evo Morales, engaging in a heated war of words with their neighbor to the north. But one particular U.S. institution already notorious throughout the continent is increasingly feeling itself under...

Author: /time Magazine | Title: Targeting a "School for Strongmen" | 6/13/2006 | See Source »

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