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...more space to breathe." For Plant, divorce has finally paid off. Using a group of seasoned session musicians called The Strange Sensation, Plant has crafted an album that nods at Led Zeppelin's greatness while not being overpowered by it. "There's no point in talking about the dim past," he boasts, "because this album really does say, 'Good morning.'" Shine It All Around, the first single from Mighty Rearranger, kicks off with a steady drumbeat that echoes the opening bars of Zeppelin's colossal When The Levee Breaks. But then the track quickly mutates into a soaring, optimistic epic...

Author: /time Magazine | Title: The Secret Life of Plant | 5/4/2005 | See Source »

...Senate prepared to convene in regular morning session last Tuesday, a cable failure at an electrical substation suddenly cut power in a square-mile section of Washington, including the Capitol building. Office workers groped through dim hallways toward daylit exits, subway trains coasted into motionlessness, and tourists stood around in knots, prevented by guards from entering the darkened Capitol. But no mere utility collapse could be allowed to shut down the U.S. Senate. Under the pallid glow of a lone emergency light, the lawmakers went about their business as usual. Since the bells normally used to call the Senate...

Author: /time Magazine | Title: Lights Out on Congress | 4/18/2005 | See Source »

Despite its difficulties, the Persian Gulf financial community is not about to crash. It has holdings of an estimated $70 billion, and 34 of the world's 500 largest banks are located there. But prospects for future growth are dim. The Iran-Iraq war has made raising funds more difficult. The $94 billion collapse of Kuwait's unofficial stock market in 1982 badly undermined confidence, and repercussions continue to be felt. Finally, Western bankers will be leery about doing business there until legal uncertainties are clarified. A British lawyer working in Bahrain points out that it took the West nearly...

Author: /time Magazine | Title: Gulf of Woes: Banks decline and fall | 4/18/2005 | See Source »

...matter what happens to the current loans, the chances for the long-term preservation of the tin cartel appeared dim last week. Said William O'Neill, a metals analyst with New York's Rudolf Wolff Futures: "I expect to see fundamental changes in the way the market operates. We are certainly not anticipating a return to the old system of price supports." He and others predict that tin in the future will be traded much like copper or aluminum, in a free market without the help of a cartel. --By William J. Mitchell Reported by Frank Melville/London

Author: /time Magazine | Title: The Crushed Tin Cartel | 4/18/2005 | See Source »

...Laboratory in Pasadena, Calif., drove up a rocky slope on Mount Waterman, 25 miles northeast of Los Angeles. Scanning the moonless heavens with his binoculars, Morris sighted a faint light source. Then he located the same diffuse blob with his naked eyes. Meanwhile, Edberg sketched the position of the dim light and compared his drawing with the magnified view of the object provided by his binoculars. Sure enough, there it was. The two men had made the first unaided sighting of Halley's comet since the celebrated phenomenon's previous visit, 76 years ago. Joked Morris: "We jumped around...

Author: /time Magazine | Title: Science: Sighting a Cosmic Celebrity | 4/18/2005 | See Source »

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