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...killing began for the family of Samira Jabar. Emerging on April 6 from two days of hiding from U.S. bombing, Jabar took her daughter Duaa Raheem, 6, to fetch water. Duaa happened on a black plastic object shaped like a C-cell battery attached to a white ribbon. Curious, she picked it up and brought her discovery home to share with her two sisters. On the concrete floor of their tiny kitchen, she cradled the object in her lap and twisted a screw. The explosion it triggered ripped Duaa's body in half, killed Duha, 3, and severely injured Saja...

Author: /time Magazine | Title: The Bombs That Keep On Killing | 5/12/2003 | See Source »

...front intentionally to help families and young people look into the world and say, What are the needs of the world out here? Maybe it's the neighborhood or a religious organization. When you share, I think it also opens up a young person to be more interested and curious about saving. When you're more grateful for what you have, all of a sudden saving becomes a more important value. By putting spending last in the formula, what I'm hoping is that it reinforces the need to be diligent about maintaining those healthy financial habits...

Author: /time Magazine | Title: Dollars And Sense | 5/12/2003 | See Source »

Perhaps the most encouraging development of detained Muslim cleric and alleged Jemaah Islamiah (JI) leader Abubakar Ba'asyir's first day in court last Wednesday was what happened outside of it: nothing. Only a handful of curious passersby peeked into the Bureau of Meteorology and Geophysics in North Jakarta, where the proceedings are being held. Security was conspicuously light; police were armed only with batons. Abubakar, who maintains his innocence, sat impassively as prosecutors read out the four charges against him: treason, plotting to assassinate the President and two immigration violations...

Author: /time Magazine | Title: Calm in the Storm | 5/7/2003 | See Source »

...with the IRS. Indeed, you might take great liberties to portray your economic situation in two divergent ways that would serve your best interests. While guilt and shame and the possibility of detection might deter you, you might find yourself coming up with all kinds of curious rationalizations for why something is income (to the lender) or an expense (to the tax authorities...

Author: By Mihir A. Desai, | Title: Reading Off the Same Page | 5/5/2003 | See Source »

While individuals are not faced with this perplexing choice of how to characterize your income depending on the audience, corporations do find themselves in this curious situation. Dual books for accounting and tax purposes are standard in corporate America and, judging from recent analysis, are the province of much creative decision-making. Firms’ characterizations of income to investors and to tax authorities have increasingly diverged during the 1990s for reasons that we still don’t fully understand. While the overstatement and manipulation of accounting earnings by firms has come to light, there is growing concern over...

Author: By Mihir A. Desai, | Title: Reading Off the Same Page | 5/5/2003 | See Source »

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