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...Iran, where shipments are usually loaded onto trains as disguised cargo, and wend their way across Turkey to Syria. From there, they are taken over the mountain passes to Lebanon by trucks, often smuggled under loads of vegetables. Iranian Revolutionary Guard officers, working from a military base near Damascus, direct this arms flow, these sources claim...

Author: /time Magazine | Title: Are Israel and Hizballah Squaring Off to Fight Again? | 12/7/2006 | See Source »

Foreign investors are looking for "sexy deals," according to Muzaffer Yildirim, co-founder of a deluxe movie chain, Mars Entertainment Group, in which U.S. private international investment firm Colony Capital recently acquired a sizable stake. "It's very recent that direct investment came into Turkey," explains Markus Lehto, the managing director of Kanyon, who is well qualified to comment, given that he was formerly an investment banker in New York. "It was less than $1 billion two years ago and will be $15 billion this year and probably up to $25 billion next year...

Author: /time Magazine | Title: Bosporus Boom | 12/6/2006 | See Source »

...Bill Gates, 51, Melinda French Gates, 42, and Warren E. Buffett, 76, the Foundation announced last week. The foundation, whose endowment will be $63 billion—more than double Harvard’s—when Buffett’s pledge of $31 billion is realized, will direct the money toward promoting global health and development, according to its Web site. To accommodate the new schedule, the foundation will ramp up its payout, aiming to spend $3.5 billion per year beginning in 2009 and continuing through the decade, as compared to $1.3 billion spent last year, according...

Author: By Nicholas Moy, CONTRIBUTING WRITER | Title: Foundation Set To Spend Assets | 12/6/2006 | See Source »

...earning the condemnation of many of his contemporaries. Does the fact that the scholarships are funded from the coffers of Rhodes’ imperialist tendencies somehow diminish the award? “What people do with the scholarship is very good, so I don’t see a direct connection,” says 2007 scholarship recipient Parvinder S. Thiara ’07. Fellow winner Joshua H. Billings ’07 agrees, saying of Rhodes, “He definitely has some [legacies] that are less positive, but I don’t think that effects...

Author: By Clifford M. Marks, CONTRIBUTING WRITER | Title: Rhodes: He Could’ve Been Worse! | 12/6/2006 | See Source »

...Needless to say, NBC is by no means the first outlet to alter their official nomenclature. According to Editor & Publisher writer, Anna Crane, the Los Angeles Times was amongst the first media outlets to shed the qualifiers and label the fighting directly as a civil war. Other organizations have since fallen into line. The Christian Science Monitor likes “deepening civil war,” while Newsweek’s Fareed Zakaria is pretty direct: “We’re in the middle of a civil war and are being shot at by both sides...

Author: By Bede A. Moore | Title: The Luxury of Distance | 12/5/2006 | See Source »

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