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...sense of suspicion still hangs in the air, and Tehran probably can't ignore it. To the outside world, the Iranian government projects an image of national resolve as it defies U.N. Security Council demands to stop enriching uranium. But the regime's ability to withstand international pressure may depend on how forgiving Iranians are about the sluggish economy. The rate of inflation is at least 19%, and unemployment has edged up to 15%. At a press conference last week, President Mahmoud Ahmadinejad fended off criticism of his economic program by swinging attention to foreign policy and calling...

Author: /time Magazine | Title: Iran: Living Under The Cloud | 9/3/2006 | See Source »

...there's a big problem with Loose Change and with most other conspiracy theories. The more you think about them, the more you realize how much they depend on circumstantial evidence, facts without analysis or documentation, quotes taken out of context and the scattered testimony of traumatized eyewitnesses. (For what it's worth, the National Institute of Standards and Technology has published a fact sheet responding to some of the conspiracy theorists' ideas on its website, www.nist.gov. The theories prompt small, reasonable questions that demand answers that are just too large and unreasonable to swallow. Granted, the Pentagon crash site...

Author: /time Magazine | Title: Why the 9/11 Conspiracy Theories Won't Go Away | 9/3/2006 | See Source »

...four years of hand holding offered by superconsultant Michele Hernandez. Although consultants are easy to caricature for sanding down and varnishing a nice, raw kid, admissions officers insist that they can see past the polishing to the real human being beneath. How useful counselors are may depend as much on the attitude of the client as the approach of the counselor. "Some of them are very helpful and are helping students learn how to tell us about themselves," says Lee Stetson, dean of admissions at the University of Pennsylvania, in a rare defense of the breed. "I don't think...

Author: /time Magazine | Title: Who Needs Harvard? | 8/21/2006 | See Source »

...including the prospect of interest-rate hikes and the introduction of a higher vat rate - up to 19% - in Germany next year. One of the biggest risks is what happens in the U.S., whose economy is just starting to cool as the Europeans heat up. "Much will depend on how abruptly the U.S. slows," says Barbara Böttcher at Deutsche Bank in Frankfurt, who nonetheless expects that the Continent will be able to sustain faster growth for some time. Her peers at Credit Suisse in London are less optimistic, pointing to surveys that suggest business confidence is already starting...

Author: /time Magazine | Title: The Summer Just Got Hotter | 8/20/2006 | See Source »

...border with regular Lebanese army troops and tough international forces. Israel may even be able to exchange its own Lebanese and Palestinian prisoners for two captive Israeli soldiers.( A third soldier was kidnapped by Palestinians militants Hamas, and a senior Hamas official told TIME that his release will depend on what Hizballah decides to do with its two Israeli hostages.) But many Israelis are worried that if they stop fighting now, they will have lost a weapon far more valuable than any "bunker-buster" - the Israeli army's aura of invincibility. And for that loss in this Lebanese war, more...

Author: /time Magazine | Title: The High Price of Israel's Hubris | 8/11/2006 | See Source »

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